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U.S. Fintech Reflects Impact of £2.4 Billion UK Payment Company Acquisition

Corpay, Inc. (NASDAQ: CPAY), a U.S. corporate payments specialist, has filed pro forma financials reflecting the impact of its roughly $2.4 billion acquisition of the U.K.’s Alpha Group, completed in October 2025. The filing detailed the transaction structure and the allocation of intangible assets, including goodwill. At the same time, Corpay reported a 21% increase in fourth-quarter 2025 revenue, full-year revenue of about $4.5 billion, and net income of approximately $1.1 billion. The company also issued guidance calling for 16% revenue growth and 22% adjusted EPS growth in 2026. Separately, director Jeffrey Steven Sloan sold 3,600 shares of common stock on the open market for about $1.24 million, while retaining equity valued at roughly $4.35 million.

Corporate Payment

In early February, alongside its earnings release, Corpay announced it had signed an agreement to sell its non-core mobile parking payments service, PayByPhone, as part of a broader effort to streamline its portfolio around corporate payments. The company is also expanding its foreign-exchange and global-payments partnerships—with MotoGP’s Prima Pramac Racing team, LIV Golf, Rugby Australia and others—to drive growth in its cross-border payments business and boost brand recognition.

Formerly known as FleetCor, the fuel-card provider, the S&P 500-listed company rebranded as Corpay and now offers a range of B2B payment solutions, including vehicle, lodging and expense cards, corporate account automation, and cross-border payments. Despite a slowdown in economic activity and reduced deposit interest income amid lower rates, the global corporate-payments and fintech sector continues to deliver structural growth, fueled by corporate cost-management needs and expanding cross-border trade.

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U.S. Fintech Reflects Impact of £2.4 Billion UK Payment Company Acquisition