How Mastercard’s $300M Stake and Partnership Highlights Corpay’s Corporate Payments Expansion

Group 1 - Corpay, Inc. completed a $300 million minority investment from Mastercard, valuing its cross-border business at approximately $13 billion [1] - The partnership with Mastercard aims to enhance distribution of Corpay's cross-border services to Mastercard's financial institution customers [1][2] - Corpay is expanding its use of Mastercard Move for time-sensitive, real-time transactions as part of a broader corporate payments strategy [2] Group 2 - Corpay's management anticipates that Corporate Payments revenue will exceed $2 billion in 2026, accounting for over 40% of total company revenue [2] - Recent acquisitions, including Paymerang, GPS, and Alpha Group, along with a minority investment in AvidXchange, are part of Corpay's corporate payments expansion [2] - Goldman Sachs served as the exclusive financial advisor to Corpay, while Jones Day acted as legal counsel [3]