Corpay to Acquire GPS Capital Markets, Expanding Global Payments Reach

The acquisition will enhance Corpay's cross-border payment capabilities, benefiting clients with expanded FX services.

Corpay will process cross-border payments for 23,000 customers in over 145 currencies across six continents.
The deal is expected to close in early 2025, pending regulatory approval.
The acquisition is projected to be accretive to Corpay's 2025 cash EPS.
GPS Capital Markets' expertise and resources will drive transformative outcomes for clients.
Corpay aims to scale its Corporate Payments business to nearly $2 billion by 2026.