Atlanta fintech company Corpay lands $300 million investment from financial giant

Atlanta fintech company Corpay lands $300 million investment from financial giant

An Atlanta fintech company sold a minority stake in itself to global financial giant Mastercard.

Mastercard invests $300M in Corpay unit

The card network invested in the cross-border business of its corporate payments partner as the companies agreed to expand their partnership.

Mastercard Takes Corpay Cross-Border Payments Stake In High-Value Partnership

Under the agreement Mastercard is paying $300m for an approximately 3% stake in Corpay’s cross-border payments business.

Mastercard And Corpay Launch Strategic Partnership In Cross-Border Payments - Brand Spur

Mastercard and Corpay today announced an expansion of their partnership to deliver an enhanced suite of corporate cross-border payment solutions. As a result, Mastercard’s financial institutions and their customers will now have simplified access to robust, end-to-end cross-border payments choices, including carded and non-carded solutions supporting all ticket sizes. Under the agreement, Mastercard will become a minority investor in Corpay’s cr…

Mastercard embraces agentic AI; ups cross-border investment

The card network took a 3% stake in Corpay to improve international payment processing for corporate clients, while also pushing technology that aims to drastically reduce the need for human supervision of artificial intelligence.

Voleon Capital Management LP Invests $20.62 Million in Mastercard Incorporated (NYSE:MA)

Voleon Capital Management LP purchased a new position in Mastercard Incorporated (NYSE:MA – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,154 shares of the credit services provider’s stock, valued at approximately $20,617,000. Mastercard comprises 1.5% of Voleon Capital Management LP’s […]