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 Sep 30, 2026, the latest employee count at Corpay is 7276.

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 more than $1B as on Dec 31, 2025

Where does Corpay rank among its competitors?

Corpay ranks 15th amongst 6058 active competitors, of which 538 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Corpay?

Corpay's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

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

Corpay is a public company based in Atlanta (United States), founded in 2000. It operates as a Provider of payment automation and expense management software solutions. Corpay has raised $175M in funding. The company has 6058 active competitors, including 538 funded and 493 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

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

HarbourVest Partners & 11 more

Ranked

15^th among 6058 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

7,276 as on Sep 30, 2026

Investment & Acquisitions

Alpha Group & 9 more

Similar Companies

PayPal & 3642 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	Reports
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	0 - ₹10 Cr (As on Mar 31, 2025)	-
Corpay, Inc. CIN: 1175454 , United States, Active	Feb 02, 1998	$1B+ (As on Dec 31, 2025)	-	-
GLOBAL REACH GROUP LTD CIN: 9907831 , Germany, Active	Dec 07, 2015	-	-

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 12 institutional investors.

Here is the list of recent funding rounds of Corpay:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	4894802	Post IPO	3310270	1930959	8057237	3658427
Dec 04, 2018	4852008	Post IPO	9847629	5687865	9601501	Bridgeway Capital Management
Apr 08, 2009	6950718	Series E	3167437	2354035	1761991	Summit Partners & 5 more

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View details of Corpay's funding rounds and investors

Corpay's employee count trend

Corpay has 7,276 employees as of Sep 26. Here is Corpay's employee count trend over the years:

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Top competitors of Corpay include PayPal, Stripe and Razorpay. 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	ING, MDP & 29 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 & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Goodwater Capital & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 51 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Accel & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
15th	Corpay 2000, Atlanta (United States), Public	Provider of payment automation and expense management software solutions	$175M	HarbourVest Partners, Performance Equity Management ... & 10 others	76/100

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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)