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MSTS, a business-to-business credit solutions provider, rebranded itself after 43 years, taking on the name TreviPay.
TreviPay CEO Brandon Spear said the rebrand was designed to better reflect what the Overland Park-based company does today.
Founded in 1978, MSTS originally was focused on helping businesses eliminate fraud in fuel purchases by using credit cards. The company evolved through the years, focusing its product development efforts on offering a turnkey system to help midsize and large companies with B2B payment solutions.
In 2013, World Fuel Services Inc. acquired MSTS for $137 million. In 2020, New York private equity firm Corsair Capital LLC bought MSTS from World Fuel for $350 million.
“As the only business-to-business solution designed for suppliers and merchants, we have a long history of supporting national and global leaders across industries, notably manufacturing and retail,” Spear said. “As TreviPay, we optimally position our innovative technology and services to support our clients in the rapid transformation of digital commerce.”