FLEETCOR Invests in Brazilian Vehicle Payments Company [Yahoo! Finance]
FleetCor Technologies, Inc. (FLT)
Last fleetcor technologies, inc. earnings: 2/6 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.fleetcor.com
Company Research
Source: Yahoo! Finance
business payments company, today announced the closing of a majority investment in Zapay. The investment further scales FLEETCOR's Vehicle Payments business in Brazil and provides access to two million drivers who use Zapay's mobile app and website each month. Zapay is Brazil's first digital mobility solution for paying vehicle taxes, registration, and tickets, and is the only company integrated to the National Traffic Departments in all 27 states making it the leading provider for paying vehicle expenses to government bodies in Brazil. The company is experiencing rapid growth, with revenues growing over 60% annually. As part of the agreement, FLEETCOR has the right to acquire the remainder of the company in four years. "The addition of Zapay further advances our vehicle payments strategy in Brazil. We invested in the company to capitalize on the attractive two-way cross-sell opportunity. We have already begun cross-selling Zapay's solution to our existing 7 million drivers and,
Show less
Read more
Impact Snapshot
Event Time:
FLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FLT alerts
High impacting FleetCor Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
FLT
News
- Sowing Your Superpower and Reaping the Harvest [Forbes]Forbes
- Insider Sell: Fleetcor Technologies Inc (FLT) Chief Accounting Officer Alissa Vickery Sold Shares [Yahoo! Finance]Yahoo! Finance
- FLEETCOR Announces Rebranding to Corpay [Yahoo! Finance]Yahoo! Finance
- FLEETCOR Announces Rebranding to CorpayBusiness Wire
- FLEETCOR Invests in Brazilian Vehicle Payments CompanyBusiness Wire
FLT
Earnings
- 2/7/24 - Beat
FLT
Sec Filings
- 3/14/24 - Form 4
- 3/13/24 - Form 4
- 3/12/24 - Form 8-K
- FLT's page on the SEC website