Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
Solvento Audita streamlines payment processes for Mexican trucking entities, offering transparency through API integration and addressing tax regulations.
Mexican logistics systems are lagging and they need to be improved to capitalize on a great opportunity, Solvento CEO Jaime Tabachnik said at FreightWaves’ F3: Future of Freight Festival.
Mexico’s over-the-road freight market has a forecast CAGR of 9.91% through 2027.
Solvento CEO Jaime Tabachnik explains how his fintech startup expedites payments for the trucking industry in Latinamerica.
The Mexico-based startup aims to provide working capital to small and midsized trucking companies across Latin America.
