Corpay Cross-Border, a division of Corpay, Inc., has announced a multi-year agreement with the International Tennis Federation (ITF), the global governing body for tennis. Under the terms of this partnership, Corpay will serve as the Official Foreign Exchange Partner for both the ITF and the prestigious Davis Cup.
The agreement will enable the ITF to utilize Corpay Cross-Border’s solutions to manage foreign exchange exposure within its daily operations. The organization will also gain access to Corpay’s platform for streamlined global payment management.
Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions, commented on the partnership, stating, “Corpay is honored and excited to be named the Official FX Partner for the International Tennis Federation and the Davis Cup. We are confident that the ITF, its member associations, and commercial partners will benefit from our comprehensive cross-border payments and currency risk management solutions. Our deep experience in sports—especially tennis—positions us well to deliver meaningful value. We look forward to supporting the ITF and playing a role in the continued global growth of tennis.”
David Haggerty, ITF President, added, “We are pleased to welcome Corpay Cross-Border to the ITF’s family of official partners. Access to Corpay’s foreign exchange services will greatly benefit the ITF and our member nations. We also look forward to working alongside colleagues from Corpay on-site at Davis Cup events in 2025 and beyond to further promote the partnership.”
Corpay, Inc. (NYSE: CPAY) is an S&P500 corporate payments company that offers modern payment solutions to help businesses and consumers manage various expenses, including vehicle-related costs, travel, and payables. The company aims to simplify payments, save time, and reduce spending for its customers. Corpay Cross-Border comprises a group of legal entities under Corpay, Inc. that specialize in international payment services.
The International Tennis Federation (ITF), established in 1913, functions as the world governing body for tennis. Its mission is to ensure the sport’s long-term growth and sustainability, collaborating with 213 member National Associations. The ITF is responsible for the rules and regulations governing international and national competition, as well as the global development of tennis through its Development Programme, Science and Technical department, and Officiating department. The organization manages numerous tournaments and major international team competitions, including the Davis Cup and Billie Jean King Cup by Gainbridge, and oversees the Olympic and Paralympic Tennis Events.
