Corpay Cross-Border Establishes New Office in Chennai, India

The global leader in business payments, Corpay, yesterday announced its latest expansion of its Cross-Border business with the establishment of a new back-office support center in Chennai, India. The newly opened office will serve as a central service hub.

This move will enable Corpay to accelerate its growth and highlights the company's commitment to enhancing its support for existing clients. It represents a significant milestone in the company's continuous global expansion and reinforces its dedication to meeting the needs of internal stakeholders, as Corpay stated in the announcement.

As part of its strategy approach, Corpay will also leverage India's immense potential in terms of population to expand its team, driving its future growth and development in the region.

Aravind Thirunavukkarasu, Chief Data and Analytics Officer, Corpay’s Cross-Border Solutions and Managing Director of Corpay India, said: "The establishment of our office in Chennai enables us to harness India’s flourishing economy and its status as the fastest-growing major economy in the coming years, along with its diverse array of opportunities. As a successful Fintech and one of the fastest growing non-bank providers of cross-border payments solutions globally, the timing is right for us to expand support operations into India. The inclusion of the back-office in India strengthens our global footprint, which now spans North America, Europe, the UK, and the Asia-Pacific region, and enhances our operational efficiency allowing us to deliver exceptional service and experiences to our clients. Meanwhile, it aids us in recruiting local talent, strategically positioning us to seize future opportunities."

Mark Frey, Group President, Corpay’s Cross-Border Solutions, added: "We are extremely excited about the opening of our new office in Chennai. This expansion reaffirms our commitment to global excellence and our unwavering belief in the vast potential of the Indian and Asia-Pacific markets. Our hope is that this new office will help our team gain an in-depth understanding of this and surrounding markets, while also opening up new avenues for us to attract talented professionals who aspire to be part of a dynamic and forward-thinking organization."