truckstop.com, a leading freight technology company, today announced it has acquired Denim, a transportation-focused financial technology company and factoring service that automates invoicing, reduces time-to-cash, and optimizes back-office processes.
Boise, ID – August 19, 2025 – truckstop.com, a leading freight technology company, today announced it has acquired Denim, a transportation-focused financial technology company and factoring service that automates invoicing, reduces time-to-cash, and optimizes back-office processes.
This strategic acquisition helps both carriers and brokers make their freight businesses more secure and easier to manage. By integrating Denim’s innovative financial technologies into truckstop.com's expansive freight matching and carrier identity solutions, the combined entity will enhance operational stability, improve liquidity, and reduce business risk for carriers and brokers alike. Denim’s investments in AI and automation technology have resulted in best-in-class cost-to-serve and time-to-fund, with 75% of payments processed in under one minute.
truckstop.com’s non-recourse factoring solution has long been recognized for its transparency, ease of use, and carrier-first approach, offering clear terms and no hidden fees. With the addition of Denim’s recourse factoring product and automation technology, customers now gain access to faster payment options, modernized service, and flexible pricing to fit the way they work.
"We are incredibly excited to welcome Denim to the truckstop.com family," said Scott Moscrip, CEO of truckstop.com. "Carriers and brokers today are demanding tools to help them work more profitably, more efficiently, and more securely. With Denim, we can better deliver across all three of these priorities. We’re excited for our carriers and brokers who will experience improved cash flow, lower operating costs, and reduced risk.”
Bharath Krishnamoorthy, CEO of Denim, commented, "Joining forces with truckstop.com is a huge win for carriers and brokers. We innovated a best-in-class tool for enabling faster payments and automating complex financial processes, and we’re excited to be able to bring this value to the industry at scale.”
For owner-operators, Denim enhances truckstop.com’s existing factoring offering with faster payments, access to back-office automation tools designed for growing carriers, more flexible pricing, and customer service powered by advanced, modern technology.
Denim’s recourse factoring product and back-office automation platform also expands truckstop.com’s ability to serve fleets and brokerages with cash flow solutions and advanced back-office automation, bringing cost and time savings to even more customers.
Performance Trust Capital Partners, LLC served as financial advisor to Denim, and Morrison & Foerster LLP served as legal advisor.
About truckstop.com
truckstop.com is a trusted partner for carriers, brokers, and shippers, empowering the freight community through a platform of innovative solutions for the entire freight lifecycle to help increase efficiency, automate processes, and accelerate growth. As one of the industry’s largest neutral freight marketplaces, truckstop.com provides the customer service as well as scale of quality loads and trucks to give customers of all sizes, whether on the road or in the office, the transparency and freedom to build lasting relationships and grow their businesses. To learn how truckstop.com is helping move the freight community forward, visit https://truckstop.com.
About Denim
Denim is an innovative fintech company dedicated to providing essential financial solutions and back-office automation to the transportation industry. Specializing in factoring, payment processing, AP/AR management, and working capital solutions, Denim helps carriers maintain healthy cash flow and achieve financial stability, and assists brokers in operating more securely and efficiently.
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