For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...
Supply chain tech firm Turvo has launched a partnership with freight payments system processor Denim. The collaboration, announced Thursday (May 11), integrates Denim’s solution with Turvo’s platform to let logistics service providers process factored and non-factored payments without needing to involve things like manually uploading...
Axle Payments, a freight and logistics financial enablement platform, is rebranding itself as Denim following the close of a $126 million Series B round, comprised of $26 million in equity funding and $100 million in debt financing. The equity funds are being earmarked to scale...
With an expected Levi Strauss & Co. New York Stock Exchange (NYSE) listing on the horizon, the denim company’s initial public offering (IPO) is said to be oversubscribed by greater than 10 times, per unnamed sources. The company is expected to offer 37 million shares...
June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks were just things I got stuck behind in traffic.” After […]
September 16, 2024
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single click, with load details created as jobs within Denim’s portal to eliminate duplicative data entry. In return, Denim updates payment status and dates within Tai’s […]
May 11, 2023
Supply chain tech firm Turvo has launched a partnership with freight payments system processor Denim. The collaboration, announced Thursday (May 11), integrates Denim’s solution with Turvo’s platform to let logistics...
March 21, 2019
With an expected Levi Strauss & Co. New York Stock Exchange (NYSE) listing on the horizon, the denim company’s initial public offering (IPO) is said to be oversubscribed by greater...
