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Founded Year

2000

Stage

IPO | IPO

Total Raised

$311.6M

Date of IPO

12/24/2010

Market Cap

19.12B

Stock Price

258.53

About FLEETCOR

FLEETCOR (NYSE: FLT) provides fuel cards and workforce payment products to businesses. The company's payment programs enable businesses to control employee spending and provide card-accepting merchants with a customer base that helps in sales and customer loyalty. It serves commercial accounts in North America, Latin America, and Europe. The company was founded in 2000 and is based in Norcross, Georgia.

Headquarters Location

5445 Triangle Parkway Suite 400

Norcross, Georgia, 30092,

United States

800-877-9019

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Expert Collections containing FLEETCOR

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FLEETCOR is included in 1 Expert Collection, including Fintech.

F

Fintech

8,086 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

FLEETCOR Patents

FLEETCOR has filed 8 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/21/2016

10/20/2020

Air navigation service providers, Navigation, Satellite navigation systems, Global Positioning System, Cannabinoids

Grant

Application Date

4/21/2016

Grant Date

10/20/2020

Title

Related Topics

Air navigation service providers, Navigation, Satellite navigation systems, Global Positioning System, Cannabinoids

Status

Grant

Latest FLEETCOR News

Mina CEO Ashley Tate to head new Allstar EV payment business – FleetNews

Sep 18, 2023

Sep. 18, 2023 at 1:41 am Allstar has launched its new electric vehicle (EV) payment solution, Chargepass, with the founder and former CEO of Mina, Ashley Tate, taking the helm. Mina, which was bought by Allstar’s parent company, Fleetcor, in February , will now be fully integrated into the new business and ceases to exist as a brand. As the new managing director of Allstar Chargepass, Tate told Fleet News that’s he is excited about the potential of Mina’s EV home charging payment software combined with Allstar’s scale and experience of fuelling fleets for more than 40 years. “Allstar has the reputation, the history, they own the fleet space here in the UK,” continued Tate. “Almost every fleet that is a customer of Allstar, which is in excess of 40,000, is in some way interested in EV.” Spotting a gap in the market, Tate founded Mina just three years ago and it quickly began to gain traction in the fleet market. “We’ve seen well in excess of 200% growth year-on-year since 2020,” he said. But, following Mina’s acquisition and the launch of Chargepass, he now expects even greater growth, thanks to having access to what he describes as “probably the largest pool of fleet customers in the country”. He explained that since the acquisition they have been “working tirelessly” to bring a solution to market that can combine the strengths of both businesses. “Now with the launch of Allstar Chargepass here, I can confidently say we’ve managed to create that industry-leading solution that will allow fleets to streamline their transition to electric, no matter how big or small,” he added. Allstar Chargepass allows electric company cars and vans to be charged at home and on the road, eliminating the need for separate transactions, with fleets billed via a single, monthly invoice. At home, Chargepass calculates and pays for business-use EV charging directly to the energy provider, allowing fleets to replace employee reimbursement processes with a more accurate, controlled and streamlined alternative. Tate warned: “Don’t underestimate how complicated paying for charging can be. I speak to lots of fleets that do desktop exercises and say, ‘we’ll pay a flat pence per mile’ or ‘we’ll use company credit cards’, but don’t necessarily think about the challenges. “It’s a different world to fuel and the idea that it’s relatively easy to physically plug in your car is true, but the concept of how the company then pays for it isn’t. “We’ve thought about these problems and the whole suite of products that we offer is designed to fix these problems and make the transition seamless.” It signed a series of deals with charge point operators (CPOs) to boost the number of devices available to its customers during 2022. More than one-third of the network consisted of ultra-rapid chargers, with the majority fast chargers. Today, it has a network of 4,000 charging locations and more than 12,000 charge points. Tate said: “We’re very much focused on the rapids, the motorway charge points; getting quality first, and then quantity second.” Beyond payments, Allstar Chargepass also aims to equip businesses with tools to manage their EV fleets via an online portal. Valuable insights, including carbon intensity and emissions, cost per kWh, location, and duration of each charge, are available to help inform fleet decision-making and support businesses with their overall sustainability efforts. Tom Rowlands, MD of Global EV Solutions at Fleetcor, including the UK brand Allstar, explained that, with the fleet transition to EVs gathering pace, Allstar Chargepass provides a “holistic solution” that can accommodate EV and mixed fuel fleets with one invoice. “Unifying with Mina and the arrival of Chargepass brings a new era of ease for fleets as they increasingly continue to look to adopt electric vehicles, and we’re excited to see where this journey will take us,” he said. As well as buying Mina in February,  Fleetcor acquired Plugsurfing , a European EV software and network provider, and  invested £5.3 million in Zapmap , last year.

FLEETCOR Frequently Asked Questions (FAQ)

  • When was FLEETCOR founded?

    FLEETCOR was founded in 2000.

  • Where is FLEETCOR's headquarters?

    FLEETCOR's headquarters is located at 5445 Triangle Parkway, Norcross.

  • What is FLEETCOR's latest funding round?

    FLEETCOR's latest funding round is IPO.

  • How much did FLEETCOR raise?

    FLEETCOR raised a total of $311.6M.

  • Who are the investors of FLEETCOR?

    Investors of FLEETCOR include Advantage Capital, Advent International, Summit Partners, HarbourVest Partners, Nautic Partners and 5 more.

  • Who are FLEETCOR's competitors?

    Competitors of FLEETCOR include BluePenguin and 4 more.

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