When was Corpay founded?

Corpay was founded in 2000 and raised its 1st funding round 5 years after it was founded.

Where is Corpay located?

Corpay is headquartered in Atlanta, United States.

How many employees does Corpay have?

As of Mar 31, 2026, the latest employee count at Corpay is 6997.

Is Corpay a funded company?

Corpay is a funded company, having raised a total of $175M across 5 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jul 2005.

When was the latest funding round of Corpay?

Corpay's latest funding was a $***** Post IPO round on Apr 29, 2025, with participation from 1 investor.

What is the annual revenue of Corpay?

Annual revenue of Corpay is $3.97B as on Dec 31, 2024.

Where does Corpay rank among its competitors?

Corpay ranks 6th amongst 1299 active competitors, of which 117 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Corpay?

Corpay's top competitors include PayPal, Stripe and PayU. Among them, PayU secured the most recent funding round in July, 2025.

Corpay - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of payment automation and expense management software solutions. The company offers software that streamlines business payments, automates accounts payable processes, and manages employee expenses. Its solutions include tools for invoice management, payment execution, spend tracking, and corporate card integration. The platform supports businesses in enhancing operational efficiency, reducing manual tasks, and maintaining control over financial workflows. Features enable users to manage payments to vendors, reconcile transactions, and ensure compliance with internal policies. Services are designed for integration with enterprise resource planning systems to improve accuracy and visibility across financial operations.

Website: www.corpay.com/
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Key Metrics

Founded Year

2000

Location

Atlanta, United States

Stage

Public

Total Funding

$175M in 5 rounds

Latest Funding Round

Post IPO, Apr 29, 2025, $*****

Investors

Performance Equity Management & 10 more

Ranked

6^th among 1299 active competitors

Annual Revenue

$3.97B as on Dec 31, 2024

Employee Count

6,997 as on Mar 31, 2026

Investment & Acquisitions

Alpha Group & 9 more

Similar Companies

Stripe & 3183 more

Exit Details

Public

View Corpay's full profile

Corpay is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GLOBAL REACH GROUP LTD CIN: 9907831 , Germany, Active	Dec 07, 2015	-	-
Corpay, Inc. CIN: 1175454 , United States, Active	Feb 02, 1998	$3.97B (As on Dec 31, 2024)	-	-
CORPAY (NZ) LIMITED CIN: 2362821 , New Zealand, Active	Nov 20, 2009	-	-
CORPAY INC CIN: 32063739653 , United States, Active	May 12, 2017	-	-	-
CORPAY INDIA PRIVATE LIMITED CIN: U62020TN2023FTC164696 , India, Active	Oct 25, 2023	$57K (As on Mar 31, 2024)	-

Corpay got listed on Dec 17, 2010.

Click here to take a look at Corpay's IPO in detail

Corpay has raised a total funding of $175M over 5 rounds. Its first funding round was on Jul 2005. Its latest funding round was a Post IPO round on Apr 29, 2025 for $*****. 1 investor participated in its latest round. Corpay has 11 institutional investors.

Here is the list of recent funding rounds of Corpay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	1686403	Post IPO	9720181	3802117	3313705	1701227
Dec 04, 2018	1417659	Post IPO	2419965	9042731	5823714	Bridgeway Capital Management
Apr 08, 2009	3111947	Series E	3281249	9295189	3037364	Summit Partners & 5 more

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View details of Corpay's funding rounds and investors

Corpay's employee count trend

Corpay has 6,997 employees as of Mar 26. Here is Corpay's employee count trend over the years:

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Top competitors of Corpay include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Corpay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	MDP, ING & 27 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 121 others	87/100
3rd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	84/100
4th	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 71 others	83/100
5th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 14 others	80/100
6th	Corpay 2000, Atlanta (United States), Public	Provider of payment automation and expense management software solutions	$175M	Performance Equity Management, Mastercard ... & 9 others	75/100
7th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	ABS Capital, Starboard Value & 2 others	76/100
8th	Modern Treasury 2018, San Francisco (United States), Series C	Provider of APIs to automate and manage money movement and ledgering	$183M	Altimeter Capital, Benchmark & 16 others	74/100
9th	Checkout 2012, London (United Kingdom), Series D	Provider of payment processing and global money movement solutions	$1.83B	Coatue, Insight Partners & 14 others	74/100
10th	Nuvei 2003, Montreal (Canada), Acquired	Provider of payment solutions, risk management, and banking and issuing services	$322M	Novacap, Goldman Sachs & 7 others	72/100

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Corpay has made 4 investments in companies including Zapmap and Mina. Corpay has also acquired 6 companies including Alpha Group and AvidXchange.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 23, 2025	Acquisition	Alpha Group	2009	London (United Kingdom)
May 06, 2025	Acquisition	AvidXchange	2000	Charlotte (United States)
Feb 03, 2025	Acquisition	Gringo	2019	Sao Paulo (Brazil)