Fintech Layer Cake cover image

Fleet Card Masterclass with Coast Founder Daniel Simon

Fintech Layer Cake

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Importance of Providing Fleet Payment Solutions

Companies, especially newer ones, seek fleet payment solutions to distinguish between company and personal use of vehicles. When businesses have about 10-12 vehicles, they often require a fuel card solution. Modern companies in this space offer a different value proposition compared to traditional incumbents. Incumbents have delved into trucking payment solutions, but the needs, financial services, and fee structures are distinct between commercial fleet management and trucking businesses.

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