Piston Technologies has secured $15 million in funding to expand its cardless payments technology platform designed for truck drivers. The company focuses on providing innovative payment solutions specifically tailored for the trucking industry. This funding will support the expansion of Piston Technologies' services and market reach. The investment enables the company to enhance its technology infrastructure and customer acquisition efforts.
Company Information
Company
Piston Group
Location
Southfield, Michigan, United States
About
Piston Group is a private investment platform founded by industry magnate and NBA champion Vinnie Johnson, to build value by creating, operating and growing world-class manufacturing and design companies. With investments beginning in 1996 and a strong entrepreneurial culture, today’s platform has grown to include Piston Automotive, Irvin Products, and Detroit Thermal Systems.
Piston Group's world-class manufacturing facilities deliver operational excellence through employee empowerment. Our team of more than 11,500 skilled engineering and manufacturing specialists proudly builds customer value every day.
We create solutions and breakthroughs. But at the end of the day, what we really create is value. And that has become the purpose that our entire Piston Group family lives and breathes every day — to not just build, but to build value.
Don't miss Piston Group's next move
Get an email the moment Piston Group raises, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
Suggested for you
2 contacts
Verified contactsEricka S., Chief Human Resources Officer hidden hidden
Predictive Intelligence
Strategic
ML-powered predictions for Piston Group's next move
SouthfieldManufacturingFinancial ServicesPaymentsFintechAutomotive