Corpay's asset
Corpay

@corpay.com

Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands.

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About

Description

Corpay, formerly known as ZenPayroll, is a financial technology company that provides small and medium-sized businesses with payroll, benefits, and human resources (HR) software solutions. The company was founded in 2011 by Joshua Reeves, Tomer London, and Eddie Kim. Its headquarters are located in San Francisco, California, United States.


Corpay's main product is its comprehensive payroll and HR software, which helps businesses automate and streamline their payroll and HR processes, saving time and reducing errors. The company also offers a range of integrated services such as automatic tax filing, benefits administration, time and attendance tracking, and employee onboarding. Additionally, Corpay provides a platform for managing third-party apps and integrations, allowing businesses to further customize their HR software to meet their specific needs.


As of now, Corpay operates mainly in the United States, serving over 100,000 businesses. However, the company has made efforts to expand globally and has opened offices in other countries, including Canada and the United Kingdom. It has also formed partnerships and collaborations with international payment providers to facilitate its global operations.


Corpay does not have any noteworthy subsidiaries, joint ventures, or partnerships. However, it has integrated its software with various popular business platforms such as QuickBooks, Xero, and TSheets to provide a more comprehensive solution to its customers. In terms of market position, Corpay is considered one of the leading payroll and HR software providers in the United States.


Its user-friendly interface, robust features, and commitment to customer service have helped it gain a significant market share and establish itself as a trusted brand in the industry. It competes with other prominent payroll and HR software companies such as ADP, Gusto, and Paychex. Notably, in 2015, Corpay raised a $60 million funding round, led by Google Capital, which helped accelerate its growth and development.


This funding enabled the company to enhance its product offerings and expand its customer base. Currently, Corpay continues to innovate and improve its software solutions to meet the evolving needs of businesses. It is focused on providing a seamless user experience, improved integration capabilities, and advanced analytics to help businesses make data-driven decisions.


The latest updates or key information about the company are not available in the provided sources

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

1994

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