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Corpay Cross-Border Named the Official FX Partner of the FIM World Supercross Championship

1. Corpay partners with FIM World Supercross as their FX Partner. 2. This deal enhances Corpay's presence in international corporate payments.

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Why Bullish?

The partnership could drive revenue growth and enhance brand visibility for CPAY. Similar partnerships in the past have positively impacted stock performance.

How important is it?

The new partnership demonstrates a strategic expansion in Corpay's market, indicating potential revenue growth and market confidence.

Why Short Term?

Immediate revenue effects from the partnership may bolster earnings in upcoming quarters. Historically, such partnerships have shown quick market responsiveness.

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FXIVMA
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the FIM World Supercross Championship, the premier championship for international stadium supercross racing, to become their Official Foreign Exchange (FX) Partner. Through this partnership, World Supercross will be able to utilise Corpay Cross Border's innovative solutions to help mitigate foreign exchange exp.

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