The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a 6% increase in adjusted profit, driven by growth in those segments. “Business fundamentals were quite good with same store sales...
Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. The provider of accounts payable (AP) automation solutions shared the news in a Thursday (May 9) post on LinkedIn after Corpay announced the deal in a Wednesday (May 8) press release. “We are...
The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...
Keeping it simple can often pay off in spades down the line. That’s the tack that the company formerly known as FLEETCOR Technologies hewed to this March when rebranding to a cleaner, simpler “Corpay.” But the company name isn’t the only thing that Corpay is streamlining. During its first...
December 30, 2020
The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. Yes, many organizations shifted the needle away from the paper check toward ePayment tools like commercial cards and ACH as a result of […]
December 02, 2024
Corporate payments company Corpay has completed the acquisition of B2B cross-border solutions provider GPS Capital Markets. The company announced its plans to acquire GPS Capital Markets in June, a month after saying it signed a definitive agreement to acquire accounts payable (AP) automation solutions provider Paymerang. “With the addition of Paymerang and now GPS, we […]
November 10, 2024
The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a 6% increase in adjusted profit,...
May 10, 2024
Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. The provider of accounts payable (AP) automation solutions shared the news in a Thursday (May...
May 07, 2024
Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments. With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered to hundreds of local governments...
