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Outgo provides financial technology solutions tailored for the freight market, which is valued at $400 billion in the US. The company offers a range of financial products, including smart factoring that allows freight businesses to receive immediate payments on invoices, thus avoiding the delays typical in traditional invoicing. Outgo partners with FDIC-insured banks to ensure the safety of client funds. Their platform includes features like no-fee ACH transfers, low-cost wire transfers, and a mobile app that enables users to manage finances and store invoices securely. Unlike traditional banks, Outgo focuses specifically on the needs of freight companies, offering flexible payment structures and tailored solutions to enhance cash flow and streamline operations. The goal of Outgo is to transform the financial landscape for freight businesses, providing them with efficient and accessible financial services.
Company Stage
Debt Financing
Employees
11-50
Industries
Fintech, Financial Services
Total Funding
$17.9M
Headquarters
null, Washington
Founded
2016
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