Torqi

Brazilfintech

Torqi is a Brazilian fintech focused on agribusiness logistics, solving cash flow problems for freight carriers by offering receivables advance (antecipação de recibos). The company provides working capital to transportadoras, enabling them to access funds tied up in invoices and accelerate their operations. Torqi operates in Brazil and has raised significant capital, including a $12 million investment round and a R$60 million FIDC (fund of credit rights), both led by Galapagos Capital. The fintech is targeting the growing cargo transportation market, helping carriers recover from pandemic-related disruptions.

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