Logistics fintech platform Axle Payments announced Thursday a rebranding to Denim after disclosing it has finished its $126 million Series B funding round.
Axle Payments, J.B. Hunt and SkyBitz were among the 30-plus companies that demonstrated products at the two-day event.
As part of FreightWaves’ The Future of Supply Chain event, Axle Payments will be demonstrating its payment automation software.
Great freight factoring companies are amazing at avoiding bad-debt shippers and staying on top of collections so loads factored rarely turn into uncollectible revenue.
Tech startup Axle Payments helps freight brokers manage their cash flow.
