Manchester City Strikes Deal with Corpay for FX Solutions and Payment Handling

Corpay, Inc. has announced a new partnership with Manchester City, the current Premier League title holder. Under this agreement, Corpay’s Cross-Border business will become Manchester City’s Official Foreign Exchange (FX) Partner.

Corpay Joins Manchester City

The partnership also includes Corpay Cross-Border being named an Official Partner of Manchester City Women.

“The Corpay Cross-Border team is elated to be named the Official FX Partner of Manchester City, as well as an Official Partner of the Manchester City Women’s team,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions.

“With our strong focus on growing the Corpay brand, as well as our corporate payments and currency risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term business globally, we are excited to partner with one of the Premier League’s most successful football clubs, and wish them luck in the upcoming season as they seek to secure their 9th Premier League title.”

A warm welcome to our new partner! The current Premier League title holder, @ManCity and the very successful Manchester City Women's Team.

Read the full press release here: https://t.co/MWbHtDAh1R#mancity #partnership #premierleague #manchestercityfc #womensfootball pic.twitter.com/ijnrNdnqJE

— Corpay Cross-Border Solutions (@CorpayFX) August 22, 2024

Meanwhile, Corpay is set to acquire GPS Capital Markets, a US-based provider of cross-border and treasury management solutions as reported by Finance Magnates. This move is intended to enhance Corpay’s offerings in business-to-business cross-border and treasury management, with a focus on upper-middle market companies in the US.

Corpay Enhances City's Operations

The agreement will allow Manchester City to use Corpay Cross-Border’s solutions to manage foreign exchange risks related to their daily business operations. Additionally, Corpay Cross-Border’s platform will provide Manchester City with a unified system for handling global payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term.

“As we continue to grow as a club globally, we do so with a commitment to innovate and improve as a business across our various services. As such, we are pleased to welcome Corpay, a market leader in corporate payments that will enhance our services and support our global growth,” said Kaitlyn Beale VP, City Football Group Global Partnership Sales.