Fishtail and Logikoss Partner to Extend Automated Freight Finance to LATAM and European Freight Forwarders
We are proud to announce that Logikoss, a leading air freight consolidator in Mexico, has partnered with Fishtail to offer their customers, freight forwarders in Mexico and Europe, a one-stop shop for affordable cross-border freight booking, managing, and now financing.
Logikoss' focus on the import market from Asia to Mexico (and LATAM) is a reflection of our shared commitment to solving the most pressing pain points of logistics providers in emerging markets.
“LATAM has lagged behind both in terms of trade technology and financing capital. Trade finance was the missing piece in our intelligent logistics platform, and we are now excited to offer a more comprehensive suite of solutions to forwarders of all sizes,” stated a Logikoss Spokesperson.
“We're thrilled to collaborate with the Logikoss team and aid in their mission of becoming a strategic partner to their forwarders. With this new alliance, Logikoss' clients will not only gain access to financing for global shipment booking, management, and delivery, but they'll also have the ability to provide their own customers with extended payment terms (30, 45, 60+ days), effectively smoothing the cash flow along a significant portion of the supply chain,” added Marc Held, CEO + Co-Founder @ Fishtail.
This partnership is a win-win for both companies as Logikoss’ customers gain access to Fishtail's innovative trade finance solutions and Fishtail extends its reach to Logikoss's network of freight forwarders in Mexico and Europe.
Together, Fishtail and Logikoss will offer third-party logistics providers (3PLs) automated solutions for their freight booking, managing and financing needs, so they can more easily (and fairly) compete and grow.
Logikoss is a neutral platform for freight forwarders. Their logistics expertise combined with technological algorithms allow them to offer the best prices in the market, while fulfilling the proposed itineraries.
Fishtail is a trade finance automation platform empowering freight forwarders and global traders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world - either by arranging extended payment terms through the financing of freight or by financing the goods themselves. Specializing in financing Purchase Orders for small businesses in emerging markets, Fishtail is closing the $2tn working capital gap in trade finance.
Curious to learn more? Contact us to inquire about our trade finance partnership options.