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Triumph Financial jumps on partnership with freight broker C.H. Robinson

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** Shares of fintech firm Triumph Financial TFIN.O jump 5.8% to $74.45

** TFIN says it has struck a strategic relationship with freight broker C.H. Robinson CHRW.O, which is set to join its TriumphPay platform

** TriumphPay is a payments network that connects freight brokers, shippers and carriers in the North American trucking industry

** Raymond James analysts say it is a huge win for TFIN as it will now have four of the top five largest freight brokers in the U.S. on its payments platform

** The announcement should lead to additional industry participants gaining confidence in TriumphPay network, Raymond James analysts say

** As of last close, TFIN shares were down 12.2% YTD

Reporting by Arasu Kannagi Basil in Bengaluru


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