Corpay to Acquire a Full AP Corporate Payments Company
Friday, May 24, 2024
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Posted by: Sierra Lindemann
Corpay, Inc. has announced an agreement to acquire Paymerang, enhancing its reach in the education, healthcare, hospitality and manufacturing sectors. This acquisition, expected to close in Q2 2024, will boost Corpay's merchant network to over 1.25 million vendors, processing $120 billion in annual spend.