Corpay announced it will serve as the National Hockey League’s official foreign‑exchange provider in a multiyear partnership that will place its FX solutions on NHL digital dashboards, in‑stadium signage at marquee events, and co‑created content across both companies’ media channels.
The partnership expands Corpay’s presence in the sports‑payments arena and positions the company to capture foreign‑exchange revenue from the league’s global fan base, potentially adding a new revenue stream and strengthening its cross‑border payment portfolio.
Corpay’s Q2 2025 earnings report showed a 13% year‑over‑year revenue increase to $1.102 billion, with adjusted EPS of $5.13, up 13% year‑over‑year. The Corporate Payments segment grew 18%, while Vehicle Payments grew 9%. Management said the NHL partnership aligns with Corpay’s strategy to leverage sports sponsorships for brand visibility and to expand its cross‑border solutions to a global audience.
Corpay has recently secured similar partnerships, including becoming an official partner of Real Madrid C.F., the UFC’s official global foreign‑exchange partner, and sponsorships with Manchester City, Everton, AC Monza, and the NBA’s Atlanta United. The NHL partnership is part of this broader strategy to use sports to reach a worldwide audience.
The NHL, which broadcasts in over 260 countries and has teams in Canada and the United States, has been diversifying its sponsorship portfolio. A partnership with a foreign‑exchange provider like Corpay fits the league’s need to manage international operations and mitigate currency exposure.
Corpay will use its Cross‑Border solutions to help the NHL manage foreign‑exchange exposure in its daily operations. The company is scheduled to report its Q3 2025 earnings on November 5, 2025, with analysts projecting revenue growth of approximately 13.2% year‑over‑year.
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