Corpay, Inc. (NYSE: CPAY), a global firm focused on corporate payments, is announcing the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand.
This expansion reinforces the company’s strategic position in “the payment industry and strengthens its presence in the Asia-Pacific region.”
David Britten, Managing Director, APAC, Corpay Cross-Border Solutions said:
“Our decision to establish a presence in New Zealand underscores our commitment to prioritizing our current and future clients’ evolving needs. While we may not be the first player in the New Zealand market, our years of experience in collaborating with our clients in Australia enable us to provide tailored services that suit their needs. We recognize a profound synergy between these two nations.”
The New Zealand office will provide clients “with access to Corpay’s Cross-Border business’s full suite of products, including global payments and in the case of wholesale customers, currency risk management solutions as well.”
As payment solution provider, Corpay has “demonstrated its leadership, achieving the prestigious number one ranking for Enterprise Payment Software in 4 consecutive G2 Market Reports.”
With this track record, Corpay is primed to offer “value to clients in the Asia-Pacific region and globally.”
As part of its strategic expansion, Corpay is actively “seeking top local talents and experienced professionals to strengthen its team in New Zealand.”
Mark Frey, Group President, Corpay Cross-Border Solutions, said:
“We see tremendous potential in New Zealand and are excited to bring our industry-leading services to organizations in the region. We have always worked closely with our clients to ensure they’re involved in the products and solutions we build, and look forward to learning more about the New Zealand market in the coming months. With local talents joining our new office, we are confident that we can build a diverse and dynamic workforce that delivers best-in-class products to our clients while contributing to the future growth of Corpay.”
As noted in the update, Corpay, Inc. is a global S&P500 corporate payments company that “helps businesses and consumers pay expenses in a simple, controlled manner.”
Corpay’s suite of modern payment solutions “help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors).”