Teleroute, an international transport exchange, is introducing FastPayment service as part of its partnership with PragmaGO. FastPayment is a solution for carriers who want to get funds from invoices up to two hours after they are issued. PragmaGO handles the financing process, which takes place completely online, on the Teleroute platform. In the transportation industry, long payment terms on invoices are the norm. FastPayment removes the problem of frozen funds and helps carriers run a stable business.
Entering into partnership with Teleroute
29-11-2022
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We recorded our best results ever, reaching a record PLN 2.4 billion in financed receivables (+30% y/y). We strengthened our position as the leader in B2B embedded finance in the CEE region, while increasing the scale of our factoring business in Poland.
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This unique distinction is a confirmation that our embedded finance services stand out from the competition throughout the CEE region.
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We have signed an agreement to acquire a majority stake in Telecredit IFN S.A. (Omnicredit), a Romanian fintech that creates digital financial products for the SME sector.