How Mastercard’s $300M Stake and Partnership Highlights Corpay’s Corporate Payments Expansion

Corpay, Inc. (NYSE:CPAY) is one of the best FinTech stocks to buy in 2026.

On December 8, 2025, Corpay said it completed Mastercard’s $300 million minority investment in Corpay’s cross-border business, a transaction that values that unit at roughly $13 billion. The company framed the close as the follow-through to the deal Mastercard announced earlier in 2025, which implied an equity stake of about 2.3% in the cross-border operation. Beyond the capital, the bigger strategic signal is distribution: Corpay and Mastercard also signed a new commercial partnership designed to bring Corpay’s cross-border services to Mastercard’s financial institution customer base.

How Mastercard’s $300M Stake and Partnership Highlights Corpay’s Corporate Payments Expansion

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Corpay added that it is expanding its use of Mastercard Move across additional geographies, specifically for time-sensitive, real-time transactions. Management positioned the investment and partnership as part of a broader corporate payments push, pointing to recent moves including acquisitions of Paymerang, GPS, and Alpha Group, plus Corpay’s minority investment in AvidXchange. Chairman and CEO Ron Clarke said the company expects Corporate Payments 2026 revenue to surpass $2 billion and represent more than 40% of total company revenue next year, tying the Mastercard deal directly to scale and mix shifts.

Goldman Sachs & Co. served as the exclusive financial advisor to Corpay, while Jones Day acted as legal counsel.

Corpay, Inc (NYSE:CPAY) is a corporate payments company that provides commercial card programs and AP automation solutions, alongside cross-border payment and currency risk management tools for businesses and institutions.

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