Axle Payments rebrands as Denim, raises $126M in Series B

Logistics fintech platform Axle Payments announced Thursday it has rebranded as Denim after declaring the company has closed its $126 million Series B funding round to continue building out payment solutions across the supply chain.

The funding round — led by Pelion Venture Partners with participation from Crosslink Capital, Anthemis, Trucks VC, FJ Labs, Tribeca Early Stage Partners and Refashioned Ventures — consists of $26 million in equity financing and $100 million in debt financing. Since...

https://www.freightwaves.com/news/axle-payments-rebrands-as-denim-raises-126m-in-series-b

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