Outgo Network

What Outgo Network does

Outgo (legally Outgo Inc.) is a freight factoring fintech company serving the U.S. trucking industry. Founded in 2015 and headquartered in Seattle, Washington ("Made in Seattle"), the company provides working-capital and payment services to three customer segments: owner-operators, fleets, and freight brokers. Its core product, Outgo Freight Factoring, advances cash against freight invoices, with funds accessible within 4 hours and roughly 25% of invoices factorable within 15 minutes. The platform combines factoring with integrated banking, an Outgo Business Visa Debit Card (issued by TransPecos Banks, SSB, Members FDIC), automated invoicing, non-recourse protection against broker defaults, and a broker verification/business-insights module for risk assessment.

The company monetizes through transaction-based mechanics: discount/factoring fees on factored freight invoices (its primary stream), interchange on the Outgo debit card (including a 1.0% charge on international transactions), and banking service fees (e.g., $20.00 wire transfers, $2.50 out-of-network ATM, no-fee ACH). Pricing is positioned as transparent with no sign-up, cancellation, or hidden fees, and a "Smart Factoring" feature reduces the factoring fee to 1.0% on purchases made with the Outgo Card. Commercial differentiators include a Rate Match Guarantee, no annual contracts, and contract buyouts to displace incumbent factors (TBS, TAFS, Triumph).

Go-to-market is primarily product-led and self-serve via the website (outgo.dat.com) and mobile app (app.outgo.com), supplemented by phone-based inside sales for rate matching and onboarding, plus an affiliate referral program. In May 2025, Outgo was acquired by DAT Freight & Analytics and now operates as a product under the DAT brand, integrating its payments capability into DAT's freight marketplace. The company is small-scale (1-10 employees) and privately held under its new parent.

Name

Outgo Network

Legal name

Outgo Inc.

Website

https://outgo.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Outgo is a Seattle-based freight factoring fintech serving owner-operators, fleets, and brokers, combining fast invoice factoring with banking, a Visa debit card, automated invoicing, and broker verification. Acquired by DAT Freight & Analytics in May 2025.

Ownership category

akta.pro rank

Product category

Freight Factoring Services

NAICS

Freight Transportation Arrangement (488510)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

akta.pro secondary industry

Contractor Payroll, Invoicing & Payment Services (BPACAGAD)

Keywords

• Freight factoring services
• Trucking financial technology
• Carrier invoice financing
• Transportation banking services
• Freight payment platform

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Freight Factoring Fees: Transaction-based fees charged on factored invoices. Primary revenue stream from discount rates on freight invoices.
2. Outgo Debit Card Interchange: Interchange fees on the Outgo Business Visa Debit Card transactions. International transactions charged at 1.0%.
3. Banking Services: ACH transfers (no fee), wire transfers ($20.00), and other banking service fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Outgo operates a freight factoring platform that purchases invoices from carriers and pays them out the same day, bundled with a FDIC-backed business banking account and an Outgo Business Visa Debit Card. The platform is targeted at owner-operators, fleets, and freight brokers in the U.S. trucking industry and is accessed primarily through a self-serve web and mobile experience with optional inside-sales support.

Product overview

Outgo is a freight factoring fintech company offering a unified financial platform for the trucking industry. The core product is Outgo Freight Factoring, which provides fast payments and low rates to owner-operators, fleets, and brokers. Key modules include Smart Factoring (featuring the Outgo Business Visa Debit Card for 1.0% factoring rates), automated invoicing, banking services, business insights for broker verification, the Rate Match Guarantee, and contract buyout options. The platform targets three primary segments: owner-operators, fleets, and brokers. Outgo was acquired by DAT Freight & Analytics in May 2025, integrating with the industry's largest freight marketplace.

Differentiator

Problem solved

Functional benefit

Products and services

• Outgo Freight Factoring

Quantifiable outcome

• 25% of invoices are factorable within 15 minutes
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• DAT Freight & AnalyticscoreStrategic or Co-development Partner · 1 May 2025Outgo was acquired by DAT Freight & Analytics in May 2025. The acquisition adds fast, transparent payments to the industry's largest freight marketplace. Outgo operates as a product under the DAT brand, leveraging DAT's marketplace reach.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• TBS Factoring: TBS Factoring is a freight factoring company serving carriers and owner-operators. Outgo publishes a dedicated 'TBS vs Outgo' comparison page, indicating direct head-to-head competition for the same trucking factoring customers.
• TAFS: TAFS is a freight factoring and back-office services provider for trucking carriers. Outgo's 'TAFS vs Outgo' comparison page confirms it competes directly with TAFS on factoring rates, funding speed, and carrier services.
• Triumph Business Capital: Triumph Business Capital is an established freight factoring and commercial finance provider for carriers. Outgo explicitly runs a 'Triumph vs Outgo' comparison, signaling direct competition for factoring relationships with small and mid-sized carriers.
• Apex Capital Corp: Apex Capital is one of the largest US freight factoring companies serving carriers and fleets. It overlaps directly with Outgo's core product on non-recourse factoring, fuel advances, and carrier working capital.
• OTR Solutions: OTR Solutions provides factoring, fleet cards, and back-office tools to trucking carriers and owner-operators. It competes directly with Outgo on factoring rates, fuel cards, and carrier onboarding experience.
• Riviera Finance: Riviera Finance is a long-standing freight and commercial factoring company with a US carrier focus. Its non-recourse factoring and working-capital offerings are directly comparable to Outgo's core factoring product.
• eCapital: eCapital provides freight factoring alongside broader working-capital solutions for transportation businesses. It competes with Outgo for factoring volume from mid-sized carriers and freight brokerages.

Broad incumbents

• DAT Freight & Analytics: DAT operates the largest US freight marketplace and is now Outgo's parent company. While not a direct competitor in factoring (it acquired Outgo), DAT provides the marketplace context in which freight factoring demand originates and competes for carrier attention with other marketplaces' factoring offerings.
• Truckstop.com: Truckstop.com is a major freight load-board and transportation marketplace that also offers factoring-adjacent services. It is a broad incumbent that competes with the DAT/Outgo combination for carrier workflow share and factoring relationships.

Others

• Comdata: Comdata is a major fleet card and payment solutions provider serving trucking carriers. It is an adjacent enabler rather than a direct factoring competitor, but its card and payment rails overlap with Outgo's Visa debit card and interchange revenue stream.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/outgoinc
• Facebookfacebook.com/outgonetwork
• LinkedInlinkedin.com/company/outgo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Outgo Network