Tank Payments GTM brain
Tank Payments provides freight payment automation and financial accounts to brokers, factoring companies and carriers.
category
Freight payment infrastructuremarket profile
- text: Freight intermediaries manage high-volume carrier payouts and collections across banking hours and existing transportation systems.
- text: Carriers value access to earned funds and financial tools that work around the clock.
personas
- title: Head of operations at a freight factoring companypains:
- Manual carrier transfers and documentation slow funding
- Collections and unapplied payments consume staff time
- title: Freight brokerage controllerpains:
- Reconciling carrier payouts across a TMS and bank
- Carrier payment delays generate inquiries and errors
- title: Trucking company ownerpains:
- Waiting for funds after delivering loads
- Managing driver pay and fuel while on the road
icp
- text: Freight brokers, factors and logistics platforms with recurring, high-volume payments to carriers.
- text: Freight carriers seeking financial accounts, driver payments and fuel tools.
- text: Intermediaries already operating transportation or factoring management systems are natural integration candidates.
message pillars
- text: Speed carrier settlement around the clock.
- text: Automate outbound payment operations.
- text: Reduce collections work using AI.
- text: Offer accounts designed for the industry.
objections
- objection: Replacing payment operations could disrupt the TMS.response: Evaluate the integration with the existing TMS and pilot a limited carrier cohort before expanding.
- objection: Instant payments might cost more than our current process.response: Compare fees and treasury costs against manual work, carrier support and payment speed for a representative batch.
- objection: We need confidence in payment controls.response: Review audit, protection and reconciliation workflows with Tank before migrating volume.
competitors
- name: TriumphPaywhy: Freight payments network serving brokers and carriers.
- name: Truckstopwhy: Offers carrier payment capabilities for freight brokers.
- name: Epay Managerwhy: Freight broker carrier payment system.
keywords
- freight broker payment automation
- carrier quick pay
- freight factoring payment software
- trucking financial account
- freight receivables automation
- driver pay platform
voice
- Practical and operations-focused
- Freight-specific
- Speed and automation oriented
signals
- text: Broker or factor is adding carriers and struggling with manual payouts or collections.
- text: A logistics platform is adding payment functionality or integrating its TMS with financial workflows.
stack
- TMS/FMS integrations
pricing
model: unknown
motion
sales_ledchannels
- Partner integrations
- Industry associations
- Website demos
confidence
mediumFounders
- name: Dane Cooktitle: Founderrole: Founderbio: Dane is a co-founder of Tank Payments. Prior to Tank, Dane managed product teams at Amazon. Before that, he worked at a startup building a semantic knowledge graph and a startup that sold data to hedge funds. Dane started his career at a Wall Street investment bank.
- name: Jad Rahbanytitle: Founderrole: Founderbio: Jad is a co-founder of Tank Payments. Prior to Tank, Jad was a Software Engineer at Amazon working on the Alexa AI team, and a Product Manager at Google and Graphiq (acq. by Amazon). Originally from Lebanon, Jad graduated from Cornell University with a degree in Computer Science and a minor in Business.
- name: Matthew Rybaktitle: Founderrole: Founderbio: Matthew Rybak is the co-founder of Tank Payments. Matthew heads factor business development and product at Tank. He started out in financial services (Citigroup), but quickly moved to a tech startup in Santa Barbara CA (FindTheBest/Graphiq), which was acquired by Amazon Alexa AI in 2017. Since departing Amazon, he has started a RE development firm, a website (Truckinfo.net), and Tank Payments. He earned a Bachelors and Masters in Systems Engineering from the University of Pennsylvania.