Corpay Cross-Border Announces New Collaboration with AGnimble
Toronto, ON (July 24, 2024) – Corpay, Inc.* (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into a new collaboration with AGnimble.
Through this collaboration, AGnimble will be able to offer agricultural commodities importers a simplified way to make cross-border payments, track them, and access competitive foreign exchange rates. In addition to payment processing, customers using the AGnimble platform can also leverage it for their procurement needs, from obtaining quotes and samples to generating and managing contracts with their suppliers.
“Corpay is very pleased to announce our commercial partnership with AGnimble. I have no doubt that AGnimble’s customer base will benefit greatly from our specialized service and access to our comprehensive cross-border payments and currency risk management solutions,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions.
“Most importers use their banks for these cross-border payments. However, this approach comes with several challenges, including high transaction fees, limited visibility of the payment process, and time-consuming reconciliation of payments against invoices. We are excited to partner with Corpay, a leader in cross-border payments, to help simplify this process for our clients and reduce their cross-border payment costs,” said Nsidibe Etim, Founder, AGnimble.
About Corpay
Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay’s 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.
Corpay – Payments made easy. To learn more visit www.corpay.com.
About AGnimble
AGnimble is a digital supply chain solution for agricultural commodity producers and importers. Our solution empowers AGnimble customers to simplify traceability, manage their existing customers, gain exposure to new markets, increase productivity, automate logistics, streamline payments, and grow their business revenue. Learn more at www.agnimble.com.
Corpay Contact:
Brad Loder
Chief Marketing Officer
Corpay Cross-Border Solutions
(647) 627-6635
AGnimble Contact:
Nsidibe Etim
Founder
1 (877) 246-9316
*“Corpay” in this document primarily refers to the Cross-Border Division of Corpay, Inc. https://www.corpay.com/cross-border; a full listing of the companies that are part of Corpay Cross-Border is available here: https://www.corpay.com/compliance.
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