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    TriumphPay Factoring

    Integrated payments and factoring for freight brokers and carriers.

    Founded 2004
    Public
    Dallas, TX
    1001-5000
    www.triumphpay.com
    Size:
    SMB & Mid-Market
    |
    Best For:
    Broker
    3PL
    Carrier

    Platform Overview

    TriumphPay Factoring operates a large freight payments network connecting brokers, factors, and carriers. The platform combines factoring services with AI-powered invoice processing, enabling carriers to access fast funding while providing brokers with streamlined payment workflows.

    Core Strengths
    • Largest trucking payments network processing $6B+ quarterly with 500+ broker relationships
    • NextGen Audit achieves 75%+ no-touch invoice processing with AI-powered fraud prevention
    • Integrated factoring-payments platform paying 183,000+ distinct carriers (75% of active for-hire trucking)
    Best Suited For
    • Freight factors seeking modern payment tech without building in-house systems
    • Trucking carriers needing same-day payment through major broker network
    • Companies requiring automated invoice verification and fraud prevention
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    Why Choose TriumphPay Factoring

    Integrated payments and factoring for freight brokers and carriers.

    Best For
    SMB & Mid-Market
    Broker
    3PL
    Carrier

    TriumphPay Factoring Features (8)

    Verified
    Automated Invoice Verification - Real-time validation against broker TMS data to confirm load legitimacy
    NextGen Audit - 75%+ no-touch invoice processing with AI-powered POD detection and signature validation
    Fraud Prevention - Prevented ~$113.6M in losses since January 2023 through automated verification
    Payments Network - Near real-time integration with 500+ broker relationships
    Factoring as a Service (FaaS) - Back-office factoring services for companies like C.H. Robinson (2024)
    LoadPay Digital Wallet - Application for truckers addressing working capital challenges (mid-2024)
    Automated NOA Management - Notice of Assignment processing and tracking
    Cash Application & Remittance - Automated payment handling and reconciliation

    TriumphPay Factoring Integrations (10)

    Verified
    McLeod PowerBroker
    MercuryGate
    Turvo
    Mastery (MasterMind)
    Revenova
    Ascend TMS
    BrokerPro
    Tai TMS
    Highway
    TMS APIs

    Company Background

    Company Details
    Founded:2004
    Location:Dallas, TX
    Employees:1001-5000
    Company History
    2004 Triumph Bancshares established in Dallas, TX
    2018 Launched TriumphPay freight payments network
    2024 Launched Factoring as a Service (FaaS) and LoadPay digital wallet
    Q4 2024 Processing $6B+ quarterly across 566 brokers, 48 shippers, 69 factors
    Funding History
    Public (NASDAQ: TFIN)
    Part of Triumph Financial, factored $10.3B in 2024
    Investors: Publicly traded

    Source: triumph.io, triumphpay.com, SEC filings. Data verified December 2025.

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