Corpay Named Official FX Provider of Major League Soccer in Multi-Year Agreement.

Roger Hampel

Photo Credit: Major League Soccer

Corpay, a global financial technology firm listed on the NYSE (ticker: CPAY), has entered into a multi-year agreement with Major League Soccer (MLS) to serve as the league’s Official Foreign Exchange (FX) Provider. The partnership will provide MLS with direct access to Corpay Cross-Border’s risk management tools and international payments infrastructure, positioning the league to operate more efficiently in a global financial environment.

The deal comes as MLS deepens its international footprint — both competitively and commercially — in the run-up to major global tournaments including the 2025 FIFA Club World Cup and the 2026 FIFA World Cup, co-hosted by the U.S., Canada, and Mexico.

Addressing Currency Volatility in a Global Football Economy

While often overlooked in high-level sponsorships, foreign exchange and cross-border payments are critical operational pillars for international sports organisations — particularly those with player transfers, global sponsorship payouts, and transnational business relationships.

Brad Loder, Chief Marketing Officer at Corpay Cross-Border, explained the relevance of the agreement in practical terms:

“The Corpay Cross-Border team is honored to be named the Official FX Provider for MLS. I am confident that MLS and the league’s network of corporate business partners will benefit from access to our comprehensive cross-border payments and currency risk management solutions, along with our experience gained within the world of sports.”

Through the partnership, MLS will use Corpay’s platform to mitigate FX exposure and manage international transactions through a single, streamlined system — a move that aligns with the league’s increasing global engagement and financial complexity.

Operational, Not Promotional Corpay Major League Soccer

Unlike more visible sponsorships that aim for brand awareness or stadium signage, this agreement is largely back-office focused, underscoring how sports organisations are now formalising corporate finance functions with best-in-class vendors. MLS’s decision to appoint an official FX provider reflects a maturation in how leagues manage exposure to currency risk in international operations.

Greg Millard, MLS SVP of Brand Alliances, stated:

“MLS is part of the global game, and we look forward to working with Corpay to make our foreign exchange practices more efficient.”

This is not Corpay’s first foray into sports — the company has previously partnered with other high-profile sports entities — but the MLS deal signals growing demand for specialised financial services tailored to the sports and entertainment sector, where player wages, cross-border media rights, and international tours require secure, compliant, and efficient financial systems.