Corpay Partners With BVNK To Add Stablecoin Wallets

The integration will allow Corpay, Inc. customers to view stablecoin balances alongside regular currency balances and use built-in wallets to send, receive, store, and convert stablecoins on the platform. Customers will also benefit from payment services that work 24/7, beyond normal banking hours.

Corpay will also use stablecoin technology in its treasury operations to reduce reliance on pre-funded accounts, improve capital efficiency, and enable faster, easier global fund transfers outside its own payment network.

Corpay, Inc. serves more than 800,000 customers worldwide and processes over $12 billion in corporate payments and $26 billion in foreign exchange transactions every month across more than 145 currencies. By adding stablecoin settlement services, the company is giving customers more options for handling local and international payments based on their needs.

“At our scale the ability to move liquidity quickly, and reliably is critical,” said Mark Frey Group President, Corpay Cross-Border Solutions. “Stablecoins introduce a 24/7 settlement capability that strengthens our existing infrastructure. BVNK provides the technology, and compliance framework we need to deliver this securely, and at scale.”

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“We believe stablecoins are reshaping the foundation of global payments,” said Jesse Hemson-Struthers CEO of BVNK. “Corpay’s scale and reach make it an ideal partner to bring these capabilities into the mainstream. Together, we are enabling faster more efficient ways for businesses to move, and manage money across borders.”

About Corpay

Corpay, Inc. is a global S&P 500 company that provides commercial payment solutions for businesses, including expense management cards, fleet cards, virtual cards, invoice and payment automation, and cross-border payment services. It's solutions help businesses manage expenses more effectively, reduce fraud risks and lower overall costs.

About BVNK

Founded in 2021 by Jesse Hemson-Struthers and Donald Jackson, BVNK provides stablecoin based financial solutions for businesses. The company helps enterprises build financial products, expand into new markets and transfer money quickly across more than 130 countries. BVNK is trusted by companies such as Worldpay, Deel, and Flywire and processes billions of dollars in transactions each year.

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