fleet-cards
(3)
Corpay
The company once known for fuel cards now sits inside invoices, hotel bookings, foreign-exchange trades and millions of everyday business purchases. Its next act is a deliberate turn toward corporate payments - with AI, APIs and new settlement rails layered onto an unusually physical financial network.
Coast
Coast is a New York-based fintech building modern payments and expense-management software for businesses that run vehicle fleets and field teams. Its Visa-backed fuel and fleet card pairs hardware-grade spend controls with software that auto-codes receipts, matches transactions to GPS and tank data, and kills the monthly expense report. Founded in 2020 by Bread co-founder Daniel Simon, Coast has raised nearly $100M in equity plus significant debt capital, and serves thousands of fleets across construction, HVAC, landscaping, transportation and other field-heavy trades.
Daniel Simon
Daniel Simon is the founder and CEO of Coast, a New York fintech rebuilding the way commercial fleets pay for fuel, maintenance, and everything else that keeps work trucks moving. A software engineer turned Yale-trained lawyer, he co-founded the consumer lender Bread (sold for over $500M in 2020) before turning his attention to plumbers, HVAC installers, and landscapers - the 'real-world' businesses he felt a decade of fintech had ignored. Coast has raised more than $200M from ICONIQ Growth, Accel, Insight Partners, and Synchrony, and runs on Visa rails with an SMS-based driver authentication system that works on flip phones.