Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access to Zapay’s 2 million monthly users and increasing FLEETCOR’s reach to a total of 9 million drivers in the country,...
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 Clarke said Wednesday (Aug. 7) during an earnings call. The […]
March 06, 2024
Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access to Zapay’s 2 million monthly...