21 August 2025 | Thursday | News
Picture Courtesy | Public Domain
truckstop.com, a leading freight technology company, announced it has acquired Denim, a transportation-focused financial technology company and factoring service that automates invoicing, reduces time-to-cash, and optimizes back-office processes.
truckstop.com's non-recourse factoring solution has long been recognized for its transparency, ease of use, and carrier-first approach, offering clear terms and no hidden fees. With the addition of Denim's recourse factoring product and automation technology, customers now gain access to faster payment options, modernized service, and flexible pricing to fit the way they work.
"We are incredibly excited to welcome Denim to the truckstop.com family," said Scott Moscrip, CEO of truckstop.com. "Carriers and brokers today are demanding tools to help them work more profitably, more efficiently, and more securely. With Denim, we can better deliver across all three of these priorities. We're excited for our carriers and brokers who will experience improved cash flow, lower operating costs, and reduced risk."
Fintech Business Asia, a business of FinTech Business Review
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