PayCargo: Funding, Investors & Team (Sep 2026)
PayCargo is a B2B online installment stage for the cargo and freight enterprises. Via computerizing the installments interaction, PayCargo permits critical efficiencies by lessening handling expenses, postponements, and migraines by and large engaged with cargo installments. The clients pay their sellers through PayCargo and get their freight delivered soon. PayCargo's web-based arrangement permits clients to move freight speedier and diminish installment costs more than some other stage accessible. The organization's licensed innovation easily enrolls the client's organization so they can quickly begin making installments to their cargo sellers. PayCargo has north of 4,000 merchants in its organization including significant sea transporters like Hapag Lloyd and Hamburg Sud; air freight suppliers like Air France, LAN Cargo, Swissport, Air General, and Total Air; and many terminals and CFS stations. North of 1,000 of these merchants discharge the freight not long after getting the "Installment Approval" alert from PayCargo. Any remaining sellers discharge freight no later than the following morning. PayCargo was established in 2007 and is settled in Coral Gables, Florida, United States.
PayCargo has raised $255M across 2 funding rounds on record, the most recent a Series C of $130M announced in Jun 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
PayCargo Company Profile and Key Stats
Latest funding round on record: Jun 2022.
PayCargo Funding Rounds
PayCargo raised $125M in an undisclosed round announced in Jun 2021.
1 years later, a Series C of $130M was announced in Jun 2022.
PayCargo Founders and Leadership Team
No contact details are on record for this team yet.
PayCargo Funding Compared to Other Financial Services Startups
PayCargo's latest round of $130M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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PayCargo Funding FAQs
What does PayCargo do?
PayCargo is a B2B online installment stage for the cargo and freight enterprises. Via computerizing the installments interaction, PayCargo permits critical efficiencies by lessening handling expenses, postponements, and migraines by and large engaged with cargo installments. The clients pay their sellers through PayCargo and get their freight delivered soon. PayCargo's web-based arrangement permits clients to move freight speedier and diminish installment costs more than some other stage accessible. The organization's licensed innovation easily enrolls the client's organization so they can quickly begin making installments to their cargo sellers. PayCargo has north of 4,000 merchants in its organization including significant sea transporters like Hapag Lloyd and Hamburg Sud; air freight suppliers like Air France, LAN Cargo, Swissport, Air General, and Total Air; and many terminals and CFS stations. North of 1,000 of these merchants discharge the freight not long after getting the "Installment Approval" alert from PayCargo. Any remaining sellers discharge freight no later than the following morning. PayCargo was established in 2007 and is settled in Coral Gables, Florida, United States.
How much funding has PayCargo raised?
PayCargo has raised $255M across 2 rounds on record. The most recent is a Series C of $130M announced in Jun 2022.
When did PayCargo last raise funding?
PayCargo's most recent funding round on record is a Series C of $130M, announced in Jun 2022.
Who is the CEO of PayCargo?
Adrie Reinders is listed as CEO at PayCargo.
Where is PayCargo headquartered?
PayCargo is based in Coral Gables, Florida, United States.
How many employees does PayCargo have?
PayCargo is in the 101-250 employee band.
How does PayCargo's funding compare to other Financial Services startups?
PayCargo's latest round of $130M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's PayCargo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PayCargo is left off this page rather than filled in.
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