FLEETCOR rebrands to Corpay

On March 25th, FLEETCOR, a leading global payment company and the parent company of CardSmart, announced its rebranding to Corpay. Effective the same day, the company’s stock began trading on the New York Stock Exchange under a new ticker symbol CPAY.

The name change is a more accurate reflection of the company’s current portfolio of corporate payment solutions, which are provided to over 800,000 business customers in more than a hundred countries all over the world. The new Corpay brand unifies the S&P 500® company across three business pillars: corporate payment, vehicle payment and lodging payments.

Sam Steel, Managing Director at FLEETCOR Australia and New Zealand, said that this monumental change in the history of the company will have a sustained impact on the local market. We are proud for our Kiwi heritage and excited about stronger global backup from our parent company Corpay ”said Steel.

“We are all about supporting our business customers and leading the industry into the future of fleet operation. The technology landscape is ever-evolving; we thrive on being the solution partner for all businesses as they tackle increasingly complex logistics and admin challenges with our scalable product suites. With our global insight of managing fleets and vast pool of resources to lean on, we are excited by the outlook of providing more holistic solutions to our local customers, as well as expanding our business network continuously in this market.”

CardSmart will continue to operate in New Zealand as the go-to market brand under Corpay.