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Fintech Layer Cake
Fleet Card Masterclass with Coast Founder Daniel Simon
May 2, 2024
Daniel Simon, Founder of Coast, shares insights on the complexities of fleet payments and Coast's innovative solutions. Topics include challenges in fleet payments, strategic partnerships in fleet management, compliance in Fintech, and the transition to electric vehicles in commercial fleets.
53:08
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Quick takeaways
- Coast focuses on open-loop solutions and robust fraud control in fleet payments.
- COAST aims to offer substantial fuel cost savings and efficiencies for fleet businesses.
Deep dives
Overview of Fleet Payments and COAST
Fleet payments are a specialized sector where traditional commercial cards fall short. Daniel Simon from COAST discussed the specialized needs of fleet payments catering to various industries beyond traditional trucking. COAST raised significant capital, emphasizing the importance of superior tech and customer-centric products. By combining precise controls, SMS solutions for secure transactions, and integrations with telematics vendors, COAST aims to offer a holistic solution for fleet payments.
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