Grace Sharkey
Tuesday, July 23, 2024
Coast closes Series B, gets funds from Synchrony for fintech platform
Fleet fintech provider Coast lists a number of initiatives under its product road map.
Fleet fintech provider Coast lists a number of initiatives under its product road map.
“In times of natural disasters, you find an increase in purchases of fuel, maintenance, food and hotels for drivers. … Many of our current customers need help routing their fleets during those times.”
Fuel card provider WEX Inc. continues to see gradual sequential improvement but at a pace below analysts’ expectations. The company’s fourth-quarter result was slightly below expectations and its first-quarter revenue guidance disappoints. Shares are off 4% in early trading.