Outgo
“Can a vertical fintech platform become the financial operating system for domestic freight carriers and brokers by combining factoring, banking, and payments in one place inside the industry's largest marketplace?”
Founded in 2021 as a vertical banking and factoring solution for small-fleet freight carriers, Outgo set out to replace legacy freight-finance incumbents with transparent pricing, automated invoicing, and instant funding. Powered by Unit's BaaS infrastructure, it offered bank accounts, debit cards, and invoice factoring in a single platform. In 2024 it raised $15M (plus a $50M receivables credit facility from Upper90) and expanded to a broker-facing payments automation platform before being acquired by DAT Freight & Analytics, the industry's largest freight marketplace, to embed financial services directly into DAT's carrier and broker ecosystem.