peekpublishersOTR Solutions, a full-service freight factoring and transportation technology company, has acquired Epay Manager, a carrier payments platform for freight brokers. The platform allows freight brokers to streamline their back-office operations and improve financial transactions with carriers and shippers. With the acquisition, OTR Solutions aims to enhance its fintech portfolio and provide its customers with industry-leading back-office solutions. Epay Manager’s integration with transportation management systems (TMS) allows brokers to automate back-office processes and reduce costs associated with carrier invoices. Additionally, the acquisition enables brokers to build stronger relationships with carriers and improve overall operational efficiency.
OTR Solutions: Expanding Fintech Reach with Epay Manager Acquisition
Latest from News
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.