Freight payments platform PayCargo has snagged US$125 million series B investment by global venture capital and private equity firm Insight Partners. The series B round comes nine months after the investor injected US$35 million, and the company said this round of investment will allow them to expand into new markets, with a focus on security and data protection, to fit every part of the supply chain. “The incredible growth PayCargo has experienced since our initial investment is a … [Read more...] about PayCargo raises US$125 million in series B round
Insight Partners
PayCargo snags US$35 million investment led by Insight Partners
PayCargo recently announced a US$35 million injection led by venture capital and private equity firm Insight Partners, based in New York. The online payments company said it will use the capital to expand its electronic payments network and explore investments in technology. As COVID-19 accelerates the adoption of online payments in the cargo market, the investment from Insight Partners comes at a time where vendors and payers are moving away from legacy, paper-based … [Read more...] about PayCargo snags US$35 million investment led by Insight Partners
