Corpay Inc. has successfully upsized its credit facility, bolstering its financial health and providing increased liquidity and flexibility to manage debt.
Corpay secures a $750 million credit facility boost, underscoring investor confidence in its financials and paving the way for ambitious expansion initiatives.
Corpay Inc’s Cross-Border division has partnered with the Federation Internationale de Gymnastique (FIG) to provide foreign exchange payment solutions, streamlining cross-border payments and enhancing security.
Corpay Inc has partnered with the Federation Internationale de Gymnastique to provide foreign exchange payment services, a move that has garnered interest from top funds and investors.
Corpay’s ambitious growth targets of 11% revenue boost in 2025 raise questions about sustainability, with a valuation that suggests the market has already priced in success.
Corpay has delivered a strong fourth-quarter performance, with 10% revenue growth and 21% cash earnings per share increase, but its ability to sustain momentum in a turbulent market remains uncertain.