Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.
Fleet fintech provider Coast lists a number of initiatives under its product road map.
This week, FreightVana offers a Visa card to its carrier network, SPS Commerce makes an acquisition and we review Symbotic’s Q1 results in the robotics space.
OTR Solutions announced its acquisition of Epay Manager to enhance its fintech products with a distinctive audit-proof invoicing system.
Predictive maintenance analytics for autonomous trucks could provide a reverse benefit for human-driven trucks.
“[Navix] understands their customers’ problems, the value proposition and how to apply the technology to solve them,” said Rob Estes, chairman and CEO of Estes Express Lines.
San Francisco-based Loop wants to simplify logistics payments through a fundamentally different approach to technology.
Mexico’s over-the-road freight market has a forecast CAGR of 9.91% through 2027.
The acceleration of B2B payments has stressed travel & expense payment tracking, but Fintech solutions can help.
Crowley Solutions CPO Shashank Panchangam explains how siloed data will stall the industry’s fintech future.
Karen Webster, CEO of PYMNTS.com, discussed the importance of cross-border e-commerce businesses using embedded payment platforms with LianLian Global’s David Messenger and David Emerson of Seko Logistics at FreightWaves’ Supply Chain Meets FinTech event on Wednesday
Melissa Forman chats with Anne Reinke and Mark Baxa about how important it is for there to be communication across all platforms in order to create a more efficient payment process for carriers.
Chemicals and logistics experts discuss the impacts of using payments technology during FreightWaves’ Supply Chain Meets FinTech event.
To date, drivers have completed 45,000 loads and have earned over $75 million using CloudTrucks’ solutions, according to co-founder and CEO Tobenna Arodiogbu.
With many of America’s top brands embracing a marketplace model, what’s stopping other brands from doing the same?
They say April showers bring May flowers, but Spring Free EV is skipping right to the flowers with a new financing model for fleet owners and drivers.
One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.
“Combining our visibility technology with a sophisticated fintech product will allow companies to make their payments around real-time updates,” says the founder and CEO of Shifl.
In this edition, Fontinalis partner Chris Stallman describes his life-long passion for finance and his favorite 2022 FreightTech themes.
B2B e-commerce is exploding, but payments processes are not keeping up, turning what should be a seamless experience into a frustrating process for many.
PayPal customers will now be able to use their Venmo accounts to make purchases on Amazon.
Square posted a 45% increase in revenue, but lower-than-expected bitcoin revenue dampened analysts’ enthusiasm for the Q3 results.
FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.
The fintech company is tapping into a nationwide payments system infrastructure to get gig workers paid within seconds.
FreightWaves examines 5 deals and partnerships that highlight how fintech can improve FreightTech offerings.
Square will acquire buy-now, pay-later firm Afterpay in a $29 billion stock transaction.
Available in late 2021, the company’s card will allow drivers to facilitate transactions anywhere Visa is accepted.
Circle, which offers cryptocurrency-based payments for internet transactions, raised $440 million and is eyeing a potential SPAC deal.
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
Former PayPal executive John Lunn has returned to payments with Gr4vy, which has landed an $11.1 million Series A funding round.
Global payments technology provider Stripe has raised $600 million in a new funding round at a $95 billion valuation, making it the most expensive startup in the U.S.
Insight Partners’ investment will allow PayCargo to build new online freight payment services and tools for shippers, 3PLs and transportation providers.
PayCargo has become a force in the online payment of freight transportation bills and now offers coronavirus-impacted shippers and forwarders credit lines to smooth their cash flow.
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
The total amount of investment during the first quarter – $1.6 billion – is more than half of the $2.9 billion in venture capital invested for the full year 2018.
The financial tech and freight tech sectors both have a huge addressable market, and both have been traditionally resistant to change. Will the disruption continue, and what should we expect after similar patterns of explosive growth?
iLabX will be run in collaboration with L Marks, a corporate innovation specialist. The program will accept entries in four categories related to tech and transport.
Ever since Bitcoin gatecrashed into the financial market scenes in late 2009, the technology underlying the virtual currency has had people talking. Blockchain, a ledger of records arranged in data blocks, uses cryptographic validation to link themselves together, resembling an unending chain, and it is disrupting the way FinTech market works.
