Factoring/page/2 news and trends

Denim and Tai Software to Streamline Freight Broker Payments

September 16, 2024
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Payments Innovation // 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...

Turvo Teams With Denim for Simpler Freight Broker Payments
B2B Payments // 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 service providers process factored and non-factored payments without needing to involve things like manually uploading...

Unifiedpost and Munich Re Partner on Invoice Financing in Europe
B2B Payments // January 25, 2023

Unifiedpost and Munich Re have teamed up to provide invoice financing in Europe. The new strategic partnership will bring together Belgium-based Unifiedpost’s eInvoicing technology and customer base with Munich Re’s insurance expertise and financial capacity, the companies said in a Wednesday (Jan. 25) press release....

Factoring.io Debuts Invoice and AR Factoring Service
B2B Payments // November 20, 2022

With small businesses increasingly strapped for cash, Wyoming-based invoice and accounts receivable factoring company Factoring.io launched this weekend with the aim of filling the “invoice financing gap.” “Invoice factoring remains a popular form of alternative financing for small businesses in the United States,” the company...

Interviews & Exclusives
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments

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 […]

FinTechs See SMB Factoring As Ripe For Disruption

September 25, 2020
The pandemic has shone a spotlight on the urgent capital needs of small- to medium-sized businesses (SMBs) as they struggle with cash flow. In an interview with PYMNTS, Brian Reaves,...

No Place For Hate Group Transaction Laundering

September 01, 2017
Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who wish to wear their support on their sleeves....

BlueVine And What’s Next For Factoring

February 07, 2017
The year 2016 was not exactly a banner year for the alternative lending segment as many firms saw their business models crater and investors look for better things to do...

Quick Reads
Denim and Tai Software to Streamline Freight Broker Payments

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 […]

Turvo Teams With Denim for Simpler Freight Broker Payments

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...

Unifiedpost and Munich Re Partner on Invoice Financing in Europe

January 25, 2023
Unifiedpost and Munich Re have teamed up to provide invoice financing in Europe. The new strategic partnership will bring together Belgium-based Unifiedpost’s eInvoicing technology and customer base with Munich Re’s...

Factoring.io Debuts Invoice and AR Factoring Service

November 20, 2022
With small businesses increasingly strapped for cash, Wyoming-based invoice and accounts receivable factoring company Factoring.io launched this weekend with the aim of filling the “invoice financing gap.” “Invoice factoring remains...