Corpay, the corporate payments company, announced it has reached agreement on the terms of a recommended cash acquisition of Alpha Group International for approximately $2.2 billion, aiming to expand its cross-border payments business into the investment fund segment and enhance its alternative banking offerings in Europe. The acquisition, which is expected to be accretive to 2026 EPS, positions Corpay to serve four core segments—corporates, financial institutions, investment funds, and digital currency providers—while leveraging Alpha’s $3 billion in client deposits and 7,000+ accounts. Funded through a mix of cash, debt, and asset divestitures, the deal is expected to close in Q4 2025, pending shareholder and regulatory approval.
Corpay to Acquire Alpha Group, a B2B Cross Border FX Company
