Tech Company Financing Transactions
PayCargo Funding Round
PayCargo closed a $130 million Series C funding round on 6/15/2022. Backers included Blackstone.
Transaction Overview
Company Name
Announced On
6/15/2022
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Series C
Investors
Proceeds Purpose
BXG's investment will support the company's continued expansion both domestically and internationally, development of new products, as well as potential growth opportunities through M&A.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
201 Alhambra Cir. 711
Coral Gables, FL 33134
USA
Coral Gables, FL 33134
USA
Phone
Website
Email Address
Overview
PayCargo is the number one financial platform for moving money and vital remittance information between payers and vendors. PayCargo's online solution allows you to move cargo faster and reduce payment costs more than any other platform available.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/15/2022: Xip Technologies venture capital transaction
Next: 6/15/2022: GreyNoise Intelligence venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record all VC transactions involving tech companies. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs