RoadSync pushes payments platform into maintenance shops with Fullbay deal

RoadSync, a trucking payments platform for a wide variety of payment methods, is expanding its footprint in payments for truck maintenance.

Its new partner is Fullbay, whose primary product is a management platform targeted at repair shops.

The basic idea behind RoadSync, according to CEO Robin Gregg, is that “it makes it easy for merchants to accept all those payment types,” as she ticked off a variety of ways that payment might be made by a trucking company to vendors. RoadSync backs up those...

https://www.freightwaves.com/news/roadsync-pushes-payments-platform-into-maintenance-shops-with-fullbay-deal

RoadSync rolls out 2 new payment offerings for on-the-road expenses

RoadSync is extending its payment offerings through two new products, one of which has been rolled out in conjunction with two key trucking gatherings this week.

The latest new product for the company that has long been associated with electronic payment for lumpers is RoadSync Advance. RoadSync had booths at both the Truckload Carriers Association conference in Las Vegas at the start of the week and at the Mid-America Trucking Show in Louisville, Kentucky. 

Whereas the traditional RoadSync...

https://www.freightwaves.com/news/roadsync-rolls-out-2-new-payment-offerings-for-on-the-road-expenses

Fintech does FreightTech: 5 companies you should know

A perfect storm has been brewing for FreightTech. 

High demand has led to low inventories, creating a response from visibility technology companies looking to improve supply chain resilience. 

Increased orders from customers have forced shippers to look at ways to optimize capacity, turning to digital players that use automation to consolidate shipments and find carriers where no one else can. 

Shippers looking to play technology catch-up have strategically partnered with planning and order...

https://www.freightwaves.com/news/fintech-does-freighttech-5-companies-you-should-know

RoadSync raises $30M to help get trucks rolling faster

Logistics payment software RoadSync announced Thursday it has raised $30 million in Series B funding led by Tiger Global with participation from Base10 Partners, Hyde Park Venture Partners and its new investor, Gaingels. The company has raised $38.3 million since 2015.

“RoadSync provides solutions that are modernizing an essential industry that gets goods into the hands of consumers every day,” said John Curtius, a partner at Tiger Global. “We are pleased to partner with an innovator in such a...

https://www.freightwaves.com/news/roadsync-raises-30m-to-help-get-trucks-rolling-faster

Digital payment startup raises $43M

​Relay Payments, an electronic payment platform for logistics companies, has raised $43 million over the last six months as it seeks to digitize an industry that has long relied on checks and cash.

Addition, a $1.3 billion fund that invests in early- and growth-stage companies, led the Series A and Series B funding rounds, with participation from investment firms Ribbit Capital and Spark Capital.

Relay works with players across the supply chain — shippers, brokers, carriers, drivers and...

https://s29755.pcdn.co/news/digital-payment-startup-raises-43m