News

In a major market shift, TPG and Corpay struck a $2.2 billion deal to acquire Charlotte’s payment software firm AvidXchange.
The payment software company was founded in a Charlotte coffee shop 25 years ago and went public in 2021 with a $660M IPO.
Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its first quarter ended March 31, 2025.