FleetCor Technologies, a global payments company, is rebranding to Corpay. The company said the name change better reflects its current portfolio of corporate payment solutions. The new name will take effect on March 25 when the company’s stock begins trading on the New York Stock Exchange under the new ticker symbol CPAY.

“The Corpay name better represents what we do now, which is provide corporate payment solutions. We will use Corpay as the go-to-market brand for our corporate payments segment and retain our existing popular go-to-market brands in our Vehicle Payments and Lodging Payments segments,” said Ron Clarke, chairman and CEO of FleetCor.

Corpay Facts

According to FleetCor, facts about the company include:

• S&P 500 company

• Serves over 800,000 business customers globally

• 2023 revenues of $3.75 billion

• Number one B2B commercial Mastercard issuer in North America

• Named to Newsweek’s list of Top 100 Most Loved Workplaces

Payment Solutions

Corpay’s suite of modern payment solutions helps its customers better manage vehicle-related expenses such as fueling and parking, travel expenses, and payables, the company said. This results in our customers saving time and ultimately spending less, according to the company.