TORONTO -- Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, announced that Corpay’s Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier.

Through this partnership, the FIG will be able to utilise Corpay Cross Border’s innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border’s award-winning platform will enable them to manage their global payments from a single point of access.

“The Corpay Cross-Border team is honoured to be named the Official FX Payments Supplier for the FIG,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “As we continue to focus on growing Corpay’s brand and business globally, we are excited to partner with a historic and respected organization such as the FIG. I am confident that the FIG, along with their network of national member federations and corporate business partners, will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with our experience gained within the world of sports.”

“We are delighted about this agreement with an internationally renowned company such as Corpay,” FIG President Morinari Watanabe declared. “This collaboration will introduce Corpay’s services to the world of gymnastics and help us, as an international federation with 165 member federations, to streamline our numerous foreign currency transactions.”