Axle Payments rebrands, closes Series B for financial enablement
Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.
Logistics payments service PayCargo collects $130m
PayCargo, a logistics payments and data infrastructure platform, has collected $130m in a funding round from funds managed by Blackstone Growth.
Trax Technologies merges with freight auditing company Veraction
Freight audit and payment provider Trax Technologies has merged with transportation spend management solution Veraction.