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Founded Year

2007

Stage

Series C | Alive

Total Raised

$290M

Last Raised

$130M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About PayCargo

PayCargo provides a commercial logistics payment platform. It is a financial platform for moving money and vital remittance information between payers and vendors. It allows users to move cargo quicker and reduce payment costs. PayCargo was founded in 2007 and is based in Coral Gables, Florida.

Headquarters Location

201 Alhambra Circle Suite 711

Coral Gables, Florida, 33134,

United States

+1 (888) 250-7778

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Research containing PayCargo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PayCargo in 2 CB Insights research briefs, most recently on Mar 27, 2023.

Expert Collections containing PayCargo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PayCargo is included in 4 Expert Collections, including SMB Fintech.

S

SMB Fintech

1,648 items

P

Payments

2,821 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

8,122 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

F

Fintech 100

499 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

PayCargo Patents

PayCargo has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/18/2014

11/5/2019

Payment systems, Diagrams, Supply chain management, International trade, Banking technology

Grant

Application Date

8/18/2014

Grant Date

11/5/2019

Title

Related Topics

Payment systems, Diagrams, Supply chain management, International trade, Banking technology

Status

Grant

Latest PayCargo News

Logistics Gives Back: November 2023

Nov 6, 2023

Here’s our monthly roundup of some of the charitable works and donations by companies in the material handling and logistics space. November 6, 2023 PMMI , a trade association for manufacturers of packaging and processing technologies, has raised $30,000 for the Tunnel to Towers Foundation, an organization dedicated to helping the nation’s first responders, military heroes, and injured and homeless veterans. The money was raised during PMMI’s Pack Expo Las Vegas show in September. To mark Truck Driver Appreciation Week 2023, global logistics company  C.H. Robinson  launched a “Miles of Gratitude” tour and thank-you campaign. The tour included stops at eight different truck stops across the country, where Robinson employees gave away gift cards to truck drivers. For every tour mile traveled, the C.H. Robinson Foundation donated $10 to the  St. Christopher’s Truckers Relief Fund , which helps truck drivers in need. Freight-payment platform  PayCargo  has awarded $1.25 million to  Florida International University’s College of Business  (FIU Business) to create the PayCargo Supply Chain and Logistics Program. In addition to helping build out the program’s infrastructure and faculty expertise, PayCargo’s gift will help FIU Business expand its student recruitment efforts and career readiness programs. Digital freight brokerage  Transfix Inc. has launched a new partnership with Health in Transportation (HiT) to enhance driver wellness and safety on the road. The company provides complimentary access to CDL heath scanners to carriers within its network. These scanners use transdermal optical imaging technology to scan a driver’s face and record vitals, including blood pressure, heart rate, BMI (body mass index), and respiratory rate. The Trucking Cares Foundation , the charitable arm of the American Trucking Associations, and the  Tennessee Trucking Foundation  each donated $5,000 to help purchase car seats for parents and guardians in Tennessee who are unable to afford them. Held in conjunction with National Child Passenger Safety Week, the annual event raises awareness about the importance of ensuring that all children are properly secured in an appropriate car seat or seatbelt. After the devastating Maui wildfires, employees of Lynden Logistics and Aloha Marine Lines mobilized to raise funds for the impacted communities through the Hawaii Red Cross. The companies pledged to match the first $10,000 in donations. In just days, the campaign exceeded the original $10,000 goal and has since grown to over $35,000 in total contributions. Related Articles

PayCargo Frequently Asked Questions (FAQ)

  • When was PayCargo founded?

    PayCargo was founded in 2007.

  • Where is PayCargo's headquarters?

    PayCargo's headquarters is located at 201 Alhambra Circle, Coral Gables.

  • What is PayCargo's latest funding round?

    PayCargo's latest funding round is Series C.

  • How much did PayCargo raise?

    PayCargo raised a total of $290M.

  • Who are the investors of PayCargo?

    Investors of PayCargo include Blackstone, Insight Partners and AEI HorizonX.

  • Who are PayCargo's competitors?

    Competitors of PayCargo include Kountable and 7 more.

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