Corpay Strikes a Winning Deal with AC Milan as Official Commercial FX Partner

Thursday, 19/10/2023 | 15:17 GMT by Jared Kirui
  • The firm will facilitate the club's international transactions.
  • Corpay joined forces with Aston Villa as the official commercial FX partner in September.
Football

AC Milan and Corpay, a company specializing in business payments, have announced a new partnership. This collaboration designates Corpay as the official commercial foreign exchange (FX) partner of the iconic football club.

Brad Loder, the Vice President for Cross-Border Marketing and Corpay Cross-Border Solutions, said: "Corpay Cross-Border is very honored to be named the official commercial foreign exchange partner of AC Milan, which marks another significant milestone for Corpay and its presence in Italy and in the world of sports."

AC Milan Taps Corpay's International Payment Solutions

Corpay facilitates business payments for international transactions. Its services include currency risk management and supporting global business expansion. The company processes payments across 145+ currencies in 200+ countries.

Maikel Oettle, the Chief Commercial Officer at AC Milan, expressed his enthusiasm: "At AC Milan, we are delighted to embark on this exciting journey with Corpay. This partnership is a testament to our shared commitment to innovation, and it aligns seamlessly with our vision of providing the best experiences to our global fanbase."

Corpay has recently formed similar sports sponsorships with international football clubs. In September, the company teamed up with Aston Villa. This collaboration made Corpay the club's official commercial FX partner, providing solutions to manage foreign exchange risks and streamline global payments.

Corpay's Expanding Partnerships

As the club's official commercial FX partner, Corpay supports Aston Villa by extending its services to the club's network of corporate business partners. This means that these entities can harness Corpay's platform to effectively manage their FX exposure, the company said during the announcement of the deal.

Loder stated: "With our strong focus on growing the Corpay brand, along with our corporate payments and foreign exchange business globally, we are excited by the opportunity to partner with one of the Premier League's oldest and most successful football clubs."

Beyond the realm of sports, Corpay has been actively broadening its partnerships within the fintech ecosystem. Last year, the company announced a deal with Sila Inc., a fintech software platform. This partnership enables Sila's customers to access a range of currencies and cross-border payment capabilities across 100 countries.

AC Milan and Corpay, a company specializing in business payments, have announced a new partnership. This collaboration designates Corpay as the official commercial foreign exchange (FX) partner of the iconic football club.

Brad Loder, the Vice President for Cross-Border Marketing and Corpay Cross-Border Solutions, said: "Corpay Cross-Border is very honored to be named the official commercial foreign exchange partner of AC Milan, which marks another significant milestone for Corpay and its presence in Italy and in the world of sports."

AC Milan Taps Corpay's International Payment Solutions

Corpay facilitates business payments for international transactions. Its services include currency risk management and supporting global business expansion. The company processes payments across 145+ currencies in 200+ countries.

Maikel Oettle, the Chief Commercial Officer at AC Milan, expressed his enthusiasm: "At AC Milan, we are delighted to embark on this exciting journey with Corpay. This partnership is a testament to our shared commitment to innovation, and it aligns seamlessly with our vision of providing the best experiences to our global fanbase."

Corpay has recently formed similar sports sponsorships with international football clubs. In September, the company teamed up with Aston Villa. This collaboration made Corpay the club's official commercial FX partner, providing solutions to manage foreign exchange risks and streamline global payments.

Corpay's Expanding Partnerships

As the club's official commercial FX partner, Corpay supports Aston Villa by extending its services to the club's network of corporate business partners. This means that these entities can harness Corpay's platform to effectively manage their FX exposure, the company said during the announcement of the deal.

Loder stated: "With our strong focus on growing the Corpay brand, along with our corporate payments and foreign exchange business globally, we are excited by the opportunity to partner with one of the Premier League's oldest and most successful football clubs."

Beyond the realm of sports, Corpay has been actively broadening its partnerships within the fintech ecosystem. Last year, the company announced a deal with Sila Inc., a fintech software platform. This partnership enables Sila's customers to access a range of currencies and cross-border payment capabilities across 100 countries.

About the Author: Jared Kirui
Jared Kirui
  • 1370 Articles
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About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1370 Articles
  • 16 Followers

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