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 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.”
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 .
“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.
