Corpay (CPAY) continues to attract diversified investment, with entities such as Czech National Bank and Voya Investment Management increasing their holdings, and new investments from companies like Peak Financial Advisors, and Swedbank AB. However, some stakeholders like Livforsakringsbolaget Skandia Omsesidigt and Park West Asset Management reduced their stakes. On the business front, Corpay recently acquired Brazilian mobile payments firm, Gringo, and UK's Alpha Group to broaden its market reach. Additionally, the company is leveraging partnerships to extend its global presence like securing exclusive partnerships with West Ham United and becoming the Official FX Partner for new entities including the International Tennis Federation, New Zealand Football, and Major League Soccer. Corpay has integrated the USDC stablecoin into its commercial cards and FX network, optimising its global payments. Financially, the firm is showing promising signs with strong Q2 results, beating expectations with a 13% year-over-year growth. Looking ahead, Corpay is set to share strategic updates at two upcoming major fintech conferences.
Corpay CPAY News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sun, 21 Sep 2025 00:56:38 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -5
