PayCargo

PayCargo is your all-in-one logistics payment platform for faster cargo release, to effectively help save time and gain piece of mind.

PayCargo is the most trusted logistics payment platform for faster release of cargo.

PayCargo was founded in 2005 by Juan Carlos Dieppa and Sergio Lemme. The company is headquartered in Coral Gables, Florida.

 

PayCargo's cloud-based payments network enables payers to quickly and securely pay air and ocean carriers, maritime ports, ground handlers, freight forwarders, and customs brokers, among others.

 

PayCargo integrates with over 50 leading Transportation Management Systems (TMS), Enterprise Resource Planning (ERP), and Terminal Operating Systems (TOS) entities across various transport modes: Ocean, Air, Rail, and Trucking.

 

PayCargo is processing over $8B in payments annually from some 40,000 shippers and carriers and a network of 5,000 vendors. Customers include Kuehne + Nagel, DHL, DB Schenker, BDP, Seko Logistics, UPS, YUSEN Logistics, Hapag-Lloyd, MSC, Ocean Network Express, Alliance Ground, Swissport and Air France.

 

PayCargo is backed by Insight Partners, Blackstone Growth, and others. The company raised $130M in a Series C round on Jun 15, 2022. This brings PayCargo's total funding to $290M to date.

 

 

  • Year founded: 2005
  • Funding Info: $290M over 3 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Coral Gables
  • State: Florida
  • Country: United States
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