Cloudtrucks news and trends

Today in B2B Payments: Finexio Valued at $100M After Series B Funding Round; Small Trucking Companies Lean on FinTechs for Streamlined Payments

July 25, 2022
trucking
FinTechs Tune Up Payments to Keep Small Trucking Companies Humming
B2B Payments // July 25, 2022

It’s been a tough year for smaller players in the trucking industry, those owner-operators and small fleets who might be operating as few as one or two trucks. First there was the spike in the price of diesel, which has only recently started to come...

Today in B2B: Virtual Cards Boast Transparency Benefit; CloudTrucks Debuts Visa Card
B2B Payments // July 06, 2022

Today in B2B payments, nine out of 10 financial institutions offer account validation to corporate clients, while Spryker and Wilo team up to streamline B2B purchasing. Plus, technology and APIs bridge the communications gap for CFOs and engineering teams. 89% of Financial Institutions Offer Corporate...

Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
Technology // July 06, 2022

In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe are making moves in Latin America, and Zelle is in the investigation hot seat once again.   Crypto Lender Voyager Seeks...

Trucking Management Firm CloudTrucks Debuts Visa Card
B2B Payments // July 06, 2022

Trucking business management solution CloudTrucks has launched CT Credit, a Visa business card designed to help small fleets and owner-operators track and pay expenses. CT Credit is geared toward customers who may not qualify for traditional credit cards, letting them get the funding they need...

Quick Reads
CloudTrucks Raises $115M in Series B Funding Round

November 30, 2021
Trucking operations software company CloudTrucks on Tuesday (Nov. 30) announced it wrapped up a Series B fundraising round that brought in $115 million, bringing the company’s valuation to $850 million, according to a Forbes report. Tiger Global and Menlo Ventures led the latest CloudTrucks funding round, while freight forwarding platform Flexport also participated, as did […]