Torqi
Digital financial services for Brazilian transport companies.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | BRL60.0m | Debt | |
| Total Funding | 000k | ||
Torqi is a financial services provider for Brazilian transport companies, founded in 2022 and headquartered in Sao Paulo. The company operates in the FinTech and AgTech sectors, offering a digital platform for carriers to anticipate receivables and access credit. This service is designed to simplify and democratize access to financing for the road transport sector, which the company views as essential to Brazil's growth.
The platform allows transport companies to request the advance payment of receivables with fair rates and no fixed fees. After a quick registration and document submission, clients can select the electronic bill of lading (CT-e) they wish to advance and receive the funds in their account within minutes. This process is designed to be seamless and without bureaucracy, providing rapid liquidity to businesses in the transport industry.
In July 2023, Torqi secured $12.5 million in a conventional debt funding round from investors Galapagos Capital and 39A Ventures, which will support the company's growth and its mission to financially empower transport companies.
Keywords: receivables anticipation, transport financing, Brazilian logistics, FinTech, AgTech, digital credit platform, carrier financial services, freight financing, supply chain finance, working capital solutions, SME financing, trade finance, invoice discounting, credit access, road transport economy