TransConnect
TransConnect Services operates a cash-secured fuel card platform serving U.S. owner-operators, small trucking companies, and fleets, delivering average fuel savings of 51 cents per gallon across 12,000+ acceptance locations and integrated partner rails.
- Company typePrivate
- Founded2015
- HeadquartersMemphis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TransConnect does
TransConnect Services (TCS) is a Memphis, Tennessee-based financial technology company that operates a cash-secured fuel card platform serving owner-operators, small trucking companies, and fleet operators in the U.S. long-haul trucking market. The platform provides cardholders with an average of 51 cents per gallon in fuel savings and is accepted at 12,000+ fuel and service locations nationwide, with 2,300+ designated in-network locations including major truck stop chains TA and Petro. Founded in 2014, the company reports delivering more than $1 billion in lifetime fuel savings across its customer base.
The platform is built around a prepaid, cash-secured card model that minimizes credit and bad-debt exposure. It integrates with multiple external rails to support the owner-operator segment: fuel card networks Comdata and EFS for acceptance breadth, Western Union for cash loading, FYX Fleet for fleet services, and 7FLEET DEF for diesel exhaust fluid purchases, alongside tire discount programs. Supporting product surfaces include a mobile application, a fuel finder locator, and digital wallet funding options, with customer support offered in English and Spanish.
TransConnect operates as a privately held company with 11-50 employees. Named customers include Franklin Family Express LLC, Yony Glass, Tim Brasil, and Mainaz Staggs, illustrating a long-tail, small-fleet customer orientation rather than enterprise anchor accounts. The business model is transaction-based, monetizing per-gallon fuel volume routed through the platform.
TransConnect firmographics
Firmographics- Name
- TransConnect
- Legal name
- TransConnect Services
- Website
- https://transconnectservices.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TransConnect Services operates a cash-secured fuel card platform serving U.S. owner-operators, small trucking companies, and fleets, delivering average fuel savings of 51 cents per gallon across 12,000+ acceptance locations and integrated partner rails.
- Ownership category
- akta.pro rank
TransConnect industry classification
Industry- Product category
- Fleet Fuel Card Services
- NAICS
- Fuel Dealers (45721)
- SIC
- Transportation Services (4700)
- akta.pro primary industry
- Fuel Card & Fleet Payment Programs (TLABAMAA)
- akta.pro secondary industry
- Fuel Management & Fleet Card Programs (THADAKAH)
Keywords
Where TransConnect is headquartered
LocationHeadquarters
- HQ city
- Memphis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TransConnect business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Fuel Card Interchange: Revenue generated from the spread between cash value loaded onto the card and the discounted fuel prices negotiated with network partners. Customers fund cards in advance (cash-secured) and receive fuel at negotiated below-market rates.
- Network Partner Fees: Fees collected from truck stop network partners (TA, Petro, and other in-network locations) for driving fuel volume to their locations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Cash-Secured Fuel Card with $0 fees and fuel discounts |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
TransConnect product offering
Product offeringCore offering
TransConnect Services (TCS) operates the TCS Fuel Card, a cash-secured fuel card for truck drivers and small-to-medium trucking companies. The card provides diesel fuel discounts at 2,300+ in-network truck stop locations (TA, Petro) and is accepted at 12,000+ locations at cash price, with no activation, membership, monthly, or annual fees and $0 transaction fees in-network. Customers fund the card in advance via ACH, card, Zelle, Western Union, or third-party checks (Comchek, EFS Checks, T-chek) and receive an average of 51 cents per gallon in savings.
Product overview
TransConnect Services (TCS) offers a unified fuel card platform designed for the trucking industry, consisting of the core TCS Fuel Card product available in three variants (Owner-Operators, Small Trucking Companies, and Fleets). The platform is complemented by digital management tools including the TCS Mobile App, TCS Fuel Finder, and TCS Client Website. TCS also provides a suite of discount programs including Diesel Fuel Discounts, 7FLEET DEF Discounts, TA and Petro Discounts, and Tire and Truck Service Discounts, with additional roadside assistance through the FYX Fleet partnership. The card accepts ACH, credit card, debit card, digital wallets (Apple Pay, Google Pay), Zelle, Western Union, and third-party checks (Comchek, EFS Checks, T-chek) for funding, and integrates with Comdata and EFS fuel card platforms. The product ecosystem serves over 12,000 acceptance locations with $1B+ in lifetime fuel savings generated for clients.
Differentiator
Problem solved
Functional benefit
Brands
- MyTCSFuel: Client portal for account management, fuel finder, and transaction monitoring
Products and services
- TCS Fuel Card A cash-secured fuel card for truck drivers and trucking companies offering diesel fuel discounts, accepted at 12,000+ locations, with $0 in-network transaction fees and no activation, membership, monthly, or annual fees.
- TCS Fuel Card for Owner-Operators Fuel card tailored for independent owner-operators with customizable card options, fuel discounts, and itemized statements for IFTA reporting.
- TCS Fuel Card for Small Trucking Companies Fuel card solution for small trucking companies offering fuel discounts and account management features designed for fleets of any size.
- TCS Fleet Fuel Card Fleet fuel card solution with card customization, purchase limits, and comprehensive account management for truck fleet operations.
Quantifiable outcome
- Average savings of 51 cents per gallon at in-network locations
- +2 more outcomes
Companies that use TransConnect
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
TransConnect technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature4 records
TransConnect partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- TA (TravelCenters of America)coreTA Truck Service Centers are part of the TCS in-network partner network, providing TCS fuel card clients with diesel fuel discounts and $0 transaction fees. TCS offers specific TA and Petro discounts to cardholders.
- Petro Stopping CenterscorePetro is a key in-network partner for TCS Fuel Card, providing fuel discounts and services to truckers at Petro locations across the US.
- Western UnionminorWestern Union is a supported funding method for TCS Fuel Card accounts, enabling customers to add funds via Western Union money transfers.
- FYX FleetminorFYX Fleet provides roadside assistance services to TCS fuel card clients through a partnership discount program.
- 7FLEET DEFminor7FLEET provides DEF (Diesel Exhaust Fluid) savings discounts to TCS fuel card clients through the TCS DEF savings program.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
TransConnect competitors and assessment
Company assessmentEmerging players
- AtoB: Fuel card and fleet payments startup targeting trucking companies. Addresses a similar SMB and owner-operator audience as TCS with a modern, software-led approach to fleet fuel expense management.
- Coast: Fleet fuel card and management platform focused on small and mid-sized businesses. Targets similar customer segments to TCS with a more modern, fintech-style product experience.
Direct peers
- Fuelman: Fleet fuel card program serving small and mid-sized businesses. Operated by FleetCor, Fuelman competes with TCS in the SMB fuel card segment with similar discount and reporting features.
- Comdata: Major fuel card and payment platform for the trucking industry owned by FleetCor. TCS integrates with Comdata for Comchek funding, but Comdata is also a direct competitor offering its own fleet fuel cards and on-road payment solutions.
- Fleetio: Fleet management software platform with integrated fuel card offerings. While more software-focused than TCS, Fleetio serves a similar SMB trucking audience with fleet expense, fuel, and maintenance management.
- WEX Inc. Leading provider of fleet fuel cards and payment solutions for commercial fleets. Directly competes with TCS in the trucking fuel card market, though WEX primarily serves credit-qualified mid-to-large fleets with a broader product suite including EV charging and benefits management.
- EFS (Electronic Funds Source): Trucking-focused fuel card and payment solutions provider serving fleets and owner-operators. TCS integrates with EFS for EFS Checks funding, and EFS is a direct competitor in the cash-secured and credit-secured fuel card space.
Broad incumbents
- Love's Travel Stops: Major truck stop chain with its own fuel card, Love's Pay, and loyalty programs. Comparable to TCS as a fuel savings destination for truckers, though Love's vertically integrates retail fuel and card services.
- Pilot Flying J: Largest truck stop network in North America, offering its own fleet fuel card programs and myPilot rewards. Functions as both a potential competitor (own cards) and indirect partner in the fuel card ecosystem.
- TravelCenters of America (TA / Petro): Major truck stop network and core TCS partner providing in-network discounts. Now owned by BP, TA represents both a critical partnership for TCS and a potential competitive vector through its own fuel programs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
TransConnect social profiles
Digital presenceTransConnect financial estimates
Financial estimateRevenue estimate
Valuation estimate
TransConnect leadership team
Management profileNumber of profiles
TransConnect funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TransConnect M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TransConnect
What does TransConnect do?
TransConnect Services (TCS) operates the TCS Fuel Card, a cash-secured fuel card for truck drivers and small-to-medium trucking companies. The card provides diesel fuel discounts at 2,300+ in-network truck stop locations (TA, Petro) and is accepted at 12,000+ locations at cash price, with no activation, membership, monthly, or annual fees and $0 transaction fees in-network. Customers fund the card in advance via ACH, card, Zelle, Western Union, or third-party checks (Comchek, EFS Checks, T-chek) and receive an average of 51 cents per gallon in savings.
Is TransConnect a public or private company?
TransConnect is a private company. It is classified as unknown and is currently operating.
When was TransConnect founded?
TransConnect was founded in 2015. It employs 11 to 50 people.
Where is TransConnect based?
TransConnect is headquartered in Memphis, United States, in the North America region.
How does TransConnect make money?
Two revenue lines are on record. Fuel Card Interchange is the primary driver. The others are network Partner Fees.
Who are TransConnect's main competitors?
Emerging players on record are AtoB and Coast. Direct peers are Fuelman, Comdata, Fleetio, WEX Inc. and EFS (Electronic Funds Source). Broad incumbents are Love's Travel Stops, Pilot Flying J and TravelCenters of America (TA / Petro).
Does TransConnect have an API?
No public API is recorded for TransConnect.
What industry is TransConnect in?
TransConnect's product category is Fleet Fuel Card Services. Its primary akta.pro industry code is TLABAMAA, Fuel Card & Fleet Payment Programs, with a secondary code of THADAKAH, Fuel Management & Fleet Card Programs. Its NAICS code is 45721 and its SIC code is 4700.