{"id":943223,"date":"2026-03-10T09:39:20","date_gmt":"2026-03-10T13:39:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/corpay-cross-border-named-official-foreign-exchange-provider-of-the-abb-fia-formula-e-world-championship\/"},"modified":"2026-03-10T09:39:20","modified_gmt":"2026-03-10T13:39:20","slug":"corpay-cross-border-named-official-foreign-exchange-provider-of-the-abb-fia-formula-e-world-championship","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/corpay-cross-border-named-official-foreign-exchange-provider-of-the-abb-fia-formula-e-world-championship\/","title":{"rendered":"Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship"},"content":{"rendered":"

<\/p>\n

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship<\/b><\/p>\n

Delivering exclusive commercial FX solutions to the world\u2019s premier all-electric racing series<\/i><\/p>\n

TORONTO–(BUSINESS WIRE<\/a>)–
\nCorpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has partnered with Formula E, the world\u2019s first all-electric FIA World Championship and B Corp Certified sport. Under the agreement, Corpay becomes the exclusive and Official Foreign Exchange Provider of the ABB FIA Formula E World Championship.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260310640540\/en\/<\/a><\/p>\n

\nThe ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world\u2019s most iconic cities providing an elite motorsport platform for the world\u2019s leading automotive manufacturers to accelerate electric vehicle innovation with the GEN3 Evo race continuing to set a new benchmark as the fastest-accelerating FIA single-seater, rocketing from 0-60 mph in an astonishing 1.82 seconds.<\/p>\n

\nThrough this partnership, Corpay Cross-Border will provide comprehensive FX risk management and international payment solutions to support Formula E\u2019s global operations. With races spanning major cities across multiple continents, Formula E operates in a highly dynamic, multi-currency environment \u2014 creating a strong strategic fit for Corpay\u2019s expertise in managing foreign exchange exposure and cross-border transactions.<\/p>\n

\n\u201cAs a truly global motorsport platform, Formula E operates across numerous currencies and jurisdictions throughout its racing calendar,\u201d said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. \u201cWe are proud to partner with an innovative, forward-thinking championship and to support its international growth with tailored FX and cross-border payment solutions that help mitigate currency risk and drive operational efficiency.\u201d<\/p>\n

\n“Formula E is at the forefront of technology and sustainability, and it is vital that our partners reflect that same forward-thinking approach,\u201d said Max Adkins, Chief Financial Officer, Formula E. \u201cPartnering with Corpay allows us to streamline our global financial operations across a highly dynamic, multi-currency environment. We look forward to working together as we continue to bring the excitement of all-electric racing to fans around the world.”<\/p>\n

About Corpay<\/b><\/p>\n

\nCorpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay\u2019s suite of modern payment solutions help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less. Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc.<\/p>\n

\nCorpay \u2013 Payments made easy. To learn more visit www.corpay.com<\/a>.<\/p>\n

About Formula E<\/b><\/p>\n

\nThe ABB FIA Formula E World Championship is known as the next evolution of motorsport. As the world\u2019s first all-electric series, Formula E operates as a high-speed \u2018living laboratory\u2019 where innovation and adrenaline collide.<\/p>\n

\nThe championship has achieved the milestone of 150 races, and serves as a vital test bed for the world\u2019s leading automotive manufacturers – including Porsche, Jaguar, Nissan, Stellantis, Mahindra and Lola Cars – to innovate and refine the electric vehicle (EV) technologies that will define future urban mobility.<\/p>\n

\nUnderpinning this performance is a profound commitment to impact. Formula E is a Certified B Corp – the world\u2019s first and only sport to achieve this designation – reflecting its dedication to high standards of social and environmental transparency. It also stands as the only sport in the world to be Net Zero Carbon since inception and recently became the first to achieve the BSI Net Zero Pathway certification, setting a new global benchmark for science-based climate action.<\/p>\n

\nAs a progressive challenger in the sports landscape, Formula E is defined by unpredictable, wheel-to-wheel competition. In 11 seasons, the series has crowned 10 different champions, proving it to be one of the most competitive and open titles in world championship level sport. With a commitment to accessibility and a grid of world-class drivers and manufacturers, the series continues to rewrite the rules of elite sport, engaging a new generation who value purposeful ambition and fearless action.<\/p>\n

www.FIAFormulaE.com<\/a><\/p>\n

\nFor Formula E media enquiries, please contact media@fiaformulae.com<\/a>.<\/p>\n

About ABB:<\/b><\/p>\n

\nABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this \u2018Engineered to Outrun\u2019. The company has over 140 years of history and more than 110,000 employees worldwide. ABB\u2019s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com<\/a><\/p>\n

\n*\u201cCorpay\u201d in this document primarily refers to the Cross-Border Division of Corpay, Inc. https:\/\/www.corpay.com\/cross-border<\/a>; a full listing of the companies that are part of Corpay Cross-Border is available here: https:\/\/www.corpay.com\/compliance<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260310640540\/en\/<\/a><\/span><\/p>\n

Corpay Contact:
\n<\/b>
Brad Loder
\n
Chief Marketing Officer
\n
Corpay Cross-Border Solutions
\n
+1 (647) 627-6635
\n
brad.loder@corpay.com<\/a><\/p>\n

KEYWORDS:<\/b> North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Motor Sports Environment Technology Licensing (Sports) EV\/Electric Vehicles Payments Sports Automotive Electronic Commerce Software<\/p>\n

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Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship Delivering exclusive commercial FX solutions to the world\u2019s premier all-electric racing series TORONTO–(BUSINESS WIRE)– Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has partnered with Formula E, the world\u2019s first all-electric FIA World Championship and B Corp Certified sport. Under the agreement, Corpay becomes the exclusive and Official Foreign Exchange Provider of the ABB FIA Formula E World Championship. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260310640540\/en\/ The ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world\u2019s most iconic cities providing an elite motorsport platform for … <\/p>\n

Continue reading “Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-943223","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCorpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/corpay-cross-border-named-official-foreign-exchange-provider-of-the-abb-fia-formula-e-world-championship\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship Delivering exclusive commercial FX solutions to the world\u2019s premier all-electric racing series TORONTO–(BUSINESS WIRE)– Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has partnered with Formula E, the world\u2019s first all-electric FIA World Championship and B Corp Certified sport. 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