Ron Clarke news and trends

Corpay Teams With Finzly to Streamline Foreign Exchange Payments
Cross-border Payments // August 14, 2024

Payments solutions firm Finzly says it has launched a partnership with corporate payments company Corpay. The collaboration, announced Wednesday (Aug. 14), combines Finzly’s foreign exchange (FX) payment platform and Corpay Cross-Border’s real-time FX rates, giving financial institutions and their business clients access to FX transaction...

Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets
Earnings // August 07, 2024

Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s international fleet business performed “exceptionally well,” while its North American fleet business “presented a drag on growth,” Corpay CEO Ron...

Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
Earnings // May 08, 2024

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...

Indian Cross-Border Payments Platform PayGlocal Raises $12M
Cross-border Payments // June 19, 2022

PayGlocal, a payment solutions startup, has raised $12 million in a funding round, according to the Economic Times of India. PayGlocal works on the allowance of merchants to take cross-border payments, and lets them use whatever currency and card they choose. The new funding will...

Quick Reads
Corpay Vehicle Payments Business Helps Drive Profit

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, driven by growth in those segments. “Business fundamentals were quite good with same store sales and retention improving and sales remaining strong,” CEO Ron Clarke […]

Corpay Teams With Finzly to Streamline Foreign Exchange Payments

August 14, 2024
Payments solutions firm Finzly says it has launched a partnership with corporate payments company Corpay. The collaboration, announced Wednesday (Aug. 14), combines Finzly’s foreign exchange (FX) payment platform and Corpay...

Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets

August 07, 2024
Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s international fleet business performed “exceptionally...

Indian Cross-Border Payments Platform PayGlocal Raises $12M

June 19, 2022
PayGlocal, a payment solutions startup, has raised $12 million in a funding round, according to the Economic Times of India. PayGlocal works on the allowance of merchants to take cross-border...