Today in B2B payments, logistics company Flexe raises $119 million to become a unicorn while African small- to medium-sized businesses (SMBs) rely on buy now, pay later (BNPL) services to bridge the working capital gap. Plus, Starling Bank debuts Bills Manager for SMBs. Logistic Company...
Seattle-based logistics company Flexe has raised $119 million in a Series D funding round that will help the brand continue to solve omnichannel logistics issues and also pushed it into unicorn territory as a private company with a valuation of more than $1 billion, according...
Retailers are promoting faster shipping options in the wake of news that Amazon plans to speed up Prime shipping from two days to just one: Walmart, in one case, is offering NextDay delivery on a selection of items from its website. (The company also points...
A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports. Flexe has found a niche that will help its efforts to wrest marketplace control away from Amazon and provide customers with an alternative...
January 29, 2024
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the industry, as The Wall Street Journal (WSJ) noted in a report Monday (Jan. 29). Among the companies cutting jobs this year are Flexport, warehousing provider Flexe and digital broker Uber Freight, the report said, […]
May 07, 2019
A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports. Flexe has found a niche that will help...
