PayCargo logo — The Most Trusted Logistics Payment Platform

PayCargo

The Most Trusted Logistics Payment Platform

Founded 2007 United States Coral Gables, United States 139 employees Series C Total: $290.00M Fintech, Payments

General Information

Company Name PayCargo
Founded Year 2007
Location United States Coral Gables, United States
Founders / Decision Makers
Team member Team member Team member Team member Team member
Employees 139
Industries Fintech, Payments
Funding Stage Series C
Social

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About PayCargo

PayCargo is a Fintech startup that offers a commercial payments solution for the Ocean, Air, Trucking, and Rail industries. Founded in 2007 and headquartered in the United States, it aims to create efficiencies in the payments process through electronic tools, multiple financing options, dispute resolution, systems integration, email alerting, and report capabilities. The company's financing options provide advanced funding of receivables for Carriers and additional credit terms on payables for Shippers.

With the slogan "The Most Trusted Logistics Payment Platform," PayCargo helps companies in the international supply chain reduce operating costs, grow profits, increase cash flow, and improve overall liquidity. The latest investment in PayCargo was a significant $130.00M Series C investment led by Blackstone Group on 15 June 2022.

Taxonomy: Logistics Payment Platform, Commercial Payments Solution, Finance Technology, Freight Industry, B2B Online Payment, Automated Payments, Cash Flow Management, Supply Chain Finance, Online Receivables, Online Payables, Factoring, Shipper Financing, Carrier Financing, Dispute Resolution

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $130.00M 1
Blackstone Group
15 Jun 2022
Series B $125.00M 1
Insight Partners
15 Jun 2021
Series A $35.00M 1
Insight Partners
29 Sep 2020

PayCargo Alternatives & Competitors

PayCargo vs
Hero
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Your payments and cash flow — all working seamlessly together as one. It’s all right here on Hero.

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PayCargo vs
PayMate
PayMate India

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PayCargo vs

Solução completa em antecipação ao fornecedor #AntecipandoOFuturo

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FAQ About PayCargo

The Most Trusted Logistics Payment Platform
PayCargo was founded in 2007.
PayCargo is headquartered in Coral Gables, United States.
PayCargo operates in Fintech and Payments. Its work centres on Logistics Payment Platform, Commercial Payments Solution, Finance Technology and Freight Industry.
PayCargo has approximately 139 employees.
PayCargo has completed 3 funding rounds, raising a total of $290.00M. The latest funding stage is Series C.
Top alternatives and competitors to PayCargo include Hero, PayMate, Antecipa - Negociação Recebíveis / Duplicatas Escriturais, Billd, Behalf. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayCargo and Hero are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PayCargo, https://bouncewatch.com/company/paycargo, updated 30 November 2024. When citing, please name BounceWatch and link this page.

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