Mastercard Bets On Cross-Border Payments With $300 Million Corpay Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2025
0mins
Source: Benzinga
Partnership Expansion: Mastercard has expanded its partnership with Corpay, investing $300 million for a 3% equity stake in Corpay's cross-border business, valued at $10.7 billion. This collaboration will enhance cross-border payment solutions for Mastercard's financial clients and make Corpay the exclusive provider of large-ticket payments and currency risk management.
Launch of Mastercard Agent Pay: Mastercard introduced Mastercard Agent Pay, an innovative program utilizing agentic AI to transform commerce, in collaboration with Microsoft and other tech providers. This initiative aims to redefine commerce standards in the AI era and improve trust in agentic payments.
Analyst Views on LMBO
Wall Street analysts forecast LMBO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMBO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 24.780
Low
Averages
High
Current: 24.780
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
