Axle Payments, a freight and logistics financial enablement platform, is rebranding itself as Denim following the close of a $126 million Series B round, comprised of $26 million in equity funding and $100 million in debt financing. The equity funds are being earmarked to scale...
With an expected Levi Strauss & Co. New York Stock Exchange (NYSE) listing on the horizon, the denim company’s initial public offering (IPO) is said to be oversubscribed by greater than 10 times, per unnamed sources. The company is expected to offer 37 million shares...
Many innovators end up in the business of commerce or technology because they are trying to solve a problem — usually their own. This is often a good or service they find they need, and that the market doesn’t offer, which sets off a light...
While the retail industry is undergoing a digital revolution, many merchants are feeling financial pressure. One of the latest retailers to file for Chapter 11 bankruptcy protection is high-end denim company True Religion Apparel. The premium denim retailer recently announced plans to file in the...
May 11, 2023
Supply chain tech firm Turvo has launched a partnership with freight payments system processor Denim. The collaboration, announced Thursday (May 11), integrates Denim’s solution with Turvo’s platform to let logistics service providers process factored and non-factored payments without needing to involve things like manually uploading documents or emailing invoices. “We are thrilled to partner with […]
March 21, 2019
With an expected Levi Strauss & Co. New York Stock Exchange (NYSE) listing on the horizon, the denim company’s initial public offering (IPO) is said to be oversubscribed by greater...
