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Business payments firm Corpay reported a rise in fourth-quarter profit on Wednesday, as resilient business spending boosted its corporate payments segment.
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments company, today reported financial results for its fourth quarter and year ended December 31, 2025. "We had a strong finish to 2025, with fourth quarter revenue, organic revenue and adjusted net income per share finishing ahead of expectations," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. "We were...
VANCOUVER, British Columbia & NEW YORK--(BUSINESS WIRE)--Lightyear Capital, a New York-based private equity firm with over US$7 billion in assets under management, has signed an agreement to acquire PayByPhone, a global leader in mobile parking payments, from Corpay (NYSE: CPAY). For over 25 years Lightyear has partnered with growing companies at the nexus of financial services and technology, ...
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments company, announced that it has signed a definitive agreement to sell PayByPhone, a mobile parking payments business, to Lightyear Capital. “We've agreed to terms to divest our PayByPhone business, and hope that PBP will prosper under Lightyear's ownership,” said Ron Clarke, Chairman and CEO of Corpay. “The transaction i...
WICHITA, Kan.--(BUSINESS WIRE)--Corpay Lodging, a Corpay company (NYSE: CPAY) and leader in workforce travel solutions, announced today that it is expanding availability of its now 2 million-hotel global network to U.S.-based companies and significantly enhancing its workforce travel program options. The expanded international booking capabilities are available on a newly launched and user-frie...
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading global corporate payments company, today announced the appointment of London-based David Bunch to its Board of Directors, effective immediately. Mr. Bunch currently serves as Group Executive Vice President for Mobility & Convenience at Shell PLC, where he leads one of the world's largest branded networks, consisting of over 40,000 c...
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) the corporate payments company, today announced that the Company will host a conference call to discuss fourth quarter and fiscal year 2025 financial results on Wednesday, February 4, 2026 at 5:30 pm ET. Hosting the call will be Ron Clarke, Chief Executive Officer, Peter Walker, Chief Financial Officer and Jim Eglseder, Investor Relations. A ...
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