Tech Company Financing Transactions
PayCargo Funding Round
PayCargo closed a $35 million venture capital round on 9/30/2020. Investors included Insight Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
9/30/2020
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Insight Venture Partners (Lead Investor) (Ryan Hinkle)
Proceeds Purpose
PayCargo will use the capital to expand global adoption of its electronic payments network and accelerate investments in its market-leading technology.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eduardo Del Riego
Chief Financial Officer
Henry Del Riego
Chief Operating Officer
Juan Dieppa
Chief Technical Officer
Douglas Schmidt
VP - Bus. Development
Lionel van der Walt
VP - Bus. Development
Thomas Vieweg
VP - General Counsel
Jason Weber
VP - Human Resources
Marta Ramirez
VP - Operations
Leonardo Hanon
VP - Sales
Ken Nieze
VP - Sales
Timothy Walton
Browse more venture capital transactions:
Prev: 9/30/2020: InventisBio venture capital transaction
Next: 9/30/2020: Alkami Technology 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