FreightAmigo Unveils Unified Platform Merging Payments, Logistics, and Insurance for Cross-Border Sellers
Hong Kong, 1 December 2025 – FreightAmigo, a Hong Kong-based trade-tech start-up, today announced commercial release of the first fully integrated cloud platform that synchronizes cross-border payments, freight execution, and export-credit insurance in a single dashboard. The launch targets more than 350 million small- and medium-sized sellers that the United Nations estimates contribute 52 % of global e-commerce value yet still manage trade services through disconnected spreadsheets, e-mail chains, and local brokers.
Early adopters including Shopify merchants and Indiegogo campaigners reduced average cash-conversion cycles from 27 to 17 days during a six-month beta spanning 1.2 million shipments across 42 origin markets, according to data verified by Hong Kong Polytechnic University’s Faculty of Business.
“Fragmentation is the silent tax on global sellers,” said FreightAmigo co-founder and CEO Keelan Lee. “By embedding banking, logistics, and risk tools inside the same API stack, we give a five-person accessories brand in Seoul the same control as a Fortune-500 supply-chain team—without hiring a single customs broker.”
The platform release coincides with a surge in borderless online sales. Cross-border business-to-consumer revenue hit $ 2 trn in 2024 and is forecast to compound 15 % annually through 2027, outstripping domestic e-commerce growth by a factor of two-to-one, per a November 2025 report by the McKinsey Global Institute.
FreightAmigo stitches together three previously siloed workflows. Its PayAmigo module opens multi-currency wallets in 28 jurisdictions, automates foreign-exchange hedging, and triggers release of funds only after IoT sensors confirm container door seals remain intact. The LogiAmigo engine compares real-time quotes from 280 vetted carriers—sea, air, rail, and parcel—while an AI duty calculator pre-clears shipments with customs in the United States, European Union, and ten ASEAN economies. Finally, CoverAmigo issues on-demand export-credit insurance backed by underwriters at Lloyd’s of London, capping buyer-default exposure at 0.35 % of invoice value, well below the industry average of 1.2 %.
The integrated approach erases a documented pain point: 63 % of cross-border sellers cite delayed or lost cargo as their primary obstacle, yet only 14 % carry trade insurance, according to a 2025 survey of 4,100 merchants by the International Chamber of Commerce.
“Access to trade finance shouldn’t depend on who you know,” Lee added. “Our risk engine ingests 1.6 billion external data points—satellite port congestion indices, buyer credit scores, macro volatility gauges—to price coverage in under 90 seconds. Sellers see the premium before they even book freight.”
Beta user JingSourcing, a Shenzhen-based sourcing agent for 3,400 Amazon sellers, reported a 29 % jump in repeat orders after offering FreightAmigo’s built-in Buy-Now-Pay-Later option to overseas retailers. DSO fell 21 %, while default rates stayed below 0.5 %, the company said.
Environmental metrics are baked into the UI. Each quotation displays grams of CO₂ per kilogram shipped and offers a one-click toggle to switch from air to rail, a feature that cut aggregate beta-user emissions by 11 %, equivalent to taking 1,300 cars off the road for a year, the firm calculated using ISO 14083 methodology.
FreightAmigo, privately held and backed by
42minSeriesAfundingledbyHSBCAssetManagement,generatesrevenuethroughinterchangeonpayments,carrierrebates,andinsurancebrokerage.ThecompanyexpectstoreachEBITDAbreak−eveninQ32026onprojectedgrossmerchandisevalueof 1.8 bn.
About FreightAmigo
FreightAmigo is a Hong Kong-headquartered trade technology company digitizing cross-border commerce for online sellers, forwarders, and financiers. Its cloud platform combines freight booking, multi-currency payments, and export-credit insurance with AI-driven compliance and sustainability analytics. Since 2021 the firm has facilitated trade across 68 countries and is a licensed Money Service Operator in Hong Kong and a registered ocean freight intermediary with the U.S. Federal Maritime Commission.
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