PayCargo has received $35 million from private equity firm Insight Partners to further expand its operations in the automated freight payment space.
Coral Gables, Florida-based PayCargo, which started operations in 2009, experienced more than 80% transaction growth during the past year. The company estimated that it has processed over $2 billion in transportation payments since its start.
“We are excited to work with PayCargo to continue to scale its global payments network and through our...
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