Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a...
Fleet management platform Coast has teamed up with the convenience store chain RaceTrac to offer Coast customers discounts on fuel purchases. As the companies said in a news release Monday (June 13), the partnership gives customers a 4-cents-per-gallon discount on all fuel purchases at RaceTrac’s...
Today in B2B payments, Coast talks fleet card innovation, and CAARY embeds small business insurance from APOLLO. Plus, Züm Rails discusses mixing payment rails for B2B payments, Investec launches a business account service and Klasha eases cross-border funds acceptance. Fuel Cards Gas Up For The...
Fleet payments are headed toward a futuristic upgrade thanks to the rise of electric vehicles, autonomous self-driving vehicles, and even the beginnings of contactless payment technology that turns the vehicle into the payment mechanism itself. These trends will impose dramatic changes in the payments technologies...
April 16, 2024
Where an industry goes tomorrow is a step-function from where it is today. And this is particularly true within the fleet management ecosystem, where traditional payment methods like fuel cards remain, by far, the most common payment scenario. Increasingly, addressing the challenges of traditional fleet payments, including cumbersome manual processes and security loopholes, are playing […]
March 21, 2024
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a Thursday (March 21) news release. Additionally, $67 million in committed […]
