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CoastPay provides smart fleet cards designed for businesses with fleet operations, such as delivery and transportation companies. These cards help businesses manage and monitor their fuel spending by allowing them to set spending limits and restrict expenses to fuel only. This control reduces overspending and prevents fuel theft. CoastPay's cards are interchangeable and can be quickly activated or deactivated, enhancing security and convenience for businesses. The company generates revenue through service fees but also offers rebates and cashback, which can lead to significant savings for its clients. CoastPay differentiates itself by providing personalized, US-based support, making it easier for businesses to implement and manage their fleet card systems. The goal of CoastPay is to improve business efficiency and reduce costs associated with fuel spending.
Company Stage
Series A
Employees
11-50
Industries
Financial Services, Fintech
Total Funding
$192.5M
Headquarters
N/A
Founded
2020
Medical, dental, & vision coverage
Meaningful stock options
Flexible vacation policy
Proudly built in NYC
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