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Outgo provides financial technology solutions tailored for the freight industry, focusing on improving cash flow for freight businesses. Their main product is smart factoring, which allows freight companies to receive immediate payments on invoices, bypassing the delays typical in traditional invoicing. The platform also offers no-fee ACH transfers, low-cost wire transfers, and minimal ATM fees, making it cost-effective for users. The Outgo app enables business owners to manage their finances on the go, securely storing and organizing invoices and load documents while automatically collecting essential details. Outgo differentiates itself from competitors by offering a flexible payment structure with one-time flat fees and monthly commissions based on factoring earnings, catering specifically to the needs of freight carriers and stakeholders. The company's goal is to enhance the financial operations of freight businesses, providing them with efficient and tailored financial solutions.
Company Stage
Seed
Employees
11-50
Industries
Fintech, Financial Services
Total Funding
$17.9M
Headquarters
N/A
Founded
N/A
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