FF News Logo
Friday, June 12, 2026
Kani x FFNews

Breaking News

AutoRek: Simplifying Real-Time Reconciliations and Data Integrity How Banks Can Maintain Core Stability While Driving Innovation EXCLUSIVE: “Buy, Build, or Boost: Choosing the Right Path Amidst an Accelerating Agentic Future” – Matthew Barnard, BBD and Theodora Lau , Unconventional Ventures in ‘The Fintech Magazine’ Intimate Data Enrichment: Powering Hyper-Personalized Portals and Risk-Mitigated Lending Rails The Expansion of Machine Identity: Mapping Digital IDs, Liability Protocols, and Cross-Border Frameworks for IoT and AI Agents The Financial Benefits of Nearshoring IT Services and How Greentech Is Reshaping Modern Banking Infrastructure ACI Worldwide Powers Next-Generation PSP Expansion in Africa with Kwik Payments Go-Live More Than 60% of Pix Automático Users Are Brand-New Subscribers to Digital Platforms, EBANX Data Shows Comrade Trustee Services Goes Live With Smartstream’s Air, the AI Reconciliation and Data Automation Solution Visa Partners with OpenAI to Power the Next Generation of AI Commerce MOZN Redefines Fraud Response From Days to Minutes With AI Rule Builder US and UK Payments Firms Racing to Deploy AI Without Modernizing Financial Infrastructure enza Awarded Payment Service Provider (PSP) Enhanced Licence in Ghana Ramp Launches Applied AI Solutions, Helping Enterprises Deploy AI Agents Across Finance Operations Abbove Strengthens Its Banking Position With the Deployment of Its Platform at ING in Belgium
corpay

December 3 2024

Corpay Completes Cross-Border Payments Acquisition

Share this post:

Share on LinkedIn Share on WhatsApp

Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S.

“We’re thrilled to officially welcome GPS to the Corpay family. With the addition of Paymerang and now GPS, we expect our Corporate Payments business to exceed $1.5 billion in revenue in 2025. Our integration planning is well underway, and we expect significant profit contribution next year from both acquisitions,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc.

In total, the two Corporate Payment deals closed this year will contribute over $200 million in revenue and approximately $0.50 of Cash EPS accretion in 2025. 

Corpay also announced the completion of the divestiture of Comdata Merchant POS Solutions, a point-of-sale hardware and software solution for truck stop merchants, to a private equity-backed company PDI Technologies. The transaction is a result of last year’s strategic review to simplify the company and focus on our core business.

People In This Post

Ron Clarke | Fintech Finance News

Ron Clarke

Corpay

Companies In This Post

Corpay
  1. AutoRek: Simplifying Real-Time Reconciliations and Data Integrity

    Event Videos 2026

     Read more
  2. How Banks Can Maintain Core Stability While Driving Innovation

    Event Videos 2026

     Read more
  3. EXCLUSIVE: “Buy, Build, or Boost: Choosing the Right Path Amidst an Accelerating Agentic Future” – Matthew Barnard, BBD and Theodora Lau , Unconventional Ventures in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
  4. Intimate Data Enrichment: Powering Hyper-Personalized Portals and Risk-Mitigated Lending Rails

    Banking Transformation Summit 2026

     Read more
  5. The Expansion of Machine Identity: Mapping Digital IDs, Liability Protocols, and Cross-Border Frameworks for IoT and AI Agents

    Event Videos 2026

     Read more
FTT AI Transformation x FFnews
More On