Corpay Inc Partners with Federation Internationale de Gymnastique

Corpay Inc, a global leader in corporate payments, has entered into a partnership with the Federation Internationale de Gymnastique (FIG), a world governing body for gymnastics recognized by the International Olympic Committee. The FIG has appointed Corpay’s Cross-Border division as its official foreign exchange payment supplier.

Partnership Details

• The partnership aims to provide the FIG with innovative solutions to manage currency risks in daily transactions.
• Corpay’s Cross-Border division will supply foreign exchange payment services to the FIG.

Market Reaction

• The partnership has gained attention from top funds, which have shown interest in Corpay’s fintech offerings.
• Corpay’s stock has been the subject of interest from investors following the announcement.

Outlook

• The partnership is seen as a positive development for Corpay, with potential for growth in the company’s stock.