Company profile: CargoSprint
1.1 - Company Overview
Company description
- Provider of digital cargo solutions, including SprintPay, a payment platform connecting freight forwarders and cargo facilities to streamline payments with bulk payments, requestor-approver processes, and various payment methods including credit terms; and SprintPass for managing pickup/drop-off scheduling, visibility and communication, with Kiosk, Driver App and ID Validation.
Products and services
- SprintPass: Digital system that architects pickup and drop-off management by connecting freight forwarders, cargo facilities, and trucking companies, delivering enhanced scheduling, visibility, and streamlined communication
- SprintPay: Platform-based payment product that streamlines transactions between freight forwarders and cargo facilities with bulk payments, requestor-approver workflows, and multiple payment methods including credit terms
- SprintPass Driver App: App-based product that empowers truck drivers to manage pickup and drop-off workflows with check-in, status updates, and notifications
Key contacts
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Financial details
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1.2 - Competitors and similar companies to CargoSprint
Planet Payment
HQ: Ireland
Website
- Description: Provider of payment processing and multicurrency solutions for financial services institutions, addressing challenges in the global electronic payments industry. Services include Pay in Your Currency, Best Rate Currency Guarantee on Visa/MasterCard transactions, and a VAT Refund Service.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Princeton Payment
HQ: United States
Website
- Description: Provider of tools for the ERP community to efficiently process credit card payments, offering SAP and Oracle certified payment card interfaces, PCI-mandated and audited encryption solutions, and back office reconciliation and chargeback.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Bluecode
HQ: Switzerland
Website
- Description: Provider of a pan-European mobile payment solution enabling fast, secure, anonymous smartphone payments via barcode/QR tokens without transmitting or storing personal data. Offers integration into banking apps and retail registers, in-app payments, co-branded bank apps, merchant acceptance via POS, QR stickers and the Bluescan app, plus digital loyalty programs and OneScan combining payment and loyalty.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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EuroProcessing
HQ: Norway
Website
- Description: Provider of credit and debit card transaction processing, owning, developing, and operating card processing infrastructure focused on Central and Eastern Europe. The company is Norway-based and present in Latvia, Lithuania, Slovakia, Serbia & Montenegro, and Bosnia & Herzegovina.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Digital River
HQ: United States
Website
- Description: Provider of Commerce-as-a-Service solutions delivering multi-tenant SaaS commerce, payments and marketing for B2B and B2C digital product and cloud service companies and branded manufacturers. Offerings include merchant of record services; turnkey ecommerce platforms (MyCommerce and Cloud Ecommerce); single-API global expansion covering logistics, payment processing and regulatory compliance; an ecommerce compliance checklist; and global logistics for physical goods.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Digital River company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for CargoSprint
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to CargoSprint
2.2 - Growth funds investing in similar companies to CargoSprint
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4 - Top valuation comps for CargoSprint
4.2 - Public trading comparable groups for CargoSprint
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