Corpay - Money Transfer Costs and FXcompared’s rating
Rating based on expert reviews by FXcompared
Daniel Webber
Founder & CEO
Daniel is Founder and CEO and has 20 years of experience in the international finance world focusing on cross-border payments, technology and the property sectors. Daniel is widely quoted as an expert within the money transfer industry including by The Economist, The Wall Street Journal, Reuters, CNBC and Bloomberg. Daniel is passionate about helping consumers and businesses find the best and most efficient ways to transfer money internationally.
About Corpay
Corpay is based in London but also has offices in several other countries around the world. It was founded in 2005 by specialists with experience in accounting, foreign exchange markets and advertising. It is regulated by the Financial Conduct Authority (FCA), maintains separate and secure accounts for customer accounts, and has an A2 credit rating with Dun & Bradstreet. Corpay does not charge a fee or commission and prides itself on the transparency of its services.
Corpay is the corporate payments division of Fleetcor, which announced it would be rebranding the entire company as Corpay in 2024. At the start of 2023, Corpay completed its acquisition of UK-based cross-border payments provider Global Reach Group.
Corpay provides hedging tools for both individuals and business clients. Businesses can also benefit from the company’s bulk payment solutions. Individuals can use their services to send money abroad for almost any legal reason. Its online platform provides you with round-the-clock access to current rates for various currency pairs.
Corpay provides foreign exchange and international payment solutions for customers around the world. Each year, it helps a wide range of companies and individuals to quickly and safely transfer money abroad. In 2023, the corporate payments segment of Fleetcor saw a 27.5% rise in revenues to $981m.