PayCargo
- Company typePrivate
- Founded2007
- HeadquartersCoral Gables, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
PayCargo firmographics
Firmographics- Name
- PayCargo
- Legal name
- PayCargo, LLC
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
PayCargo industry classification
Industry- Product category
- Logistics Payment Platform
- NAICS
- Freight Transportation Arrangement (4885), Support Activities for Transportation (488)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
- akta.pro secondary industries
- Marketplace & Platform Seller Payouts (FSAMAKAE), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where PayCargo is headquartered
LocationHeadquarters
- HQ city
- Coral Gables
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
PayCargo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Transaction-based freight payments: PayCargo earns fees on each payment transaction processed through its platform. Payer accounts pay to vendors through the network. The platform processes $45B+ in logistics transactions annually. Transaction fees apply to bank transfers (ACH/wire), credit card payments, and prepaid options. Vendors receive payments at no cost, with guaranteed next-day deposits.
- PayCargo Finance: Integrated financing service providing credit lines ($50K-$5M) to qualified business payers. Revenue generated from interest on financed amounts with 15/30/45-day repayment cycles. Credit decisions based on business credit and PayCargo transaction history.
- AP Automation: AI-powered invoice processing automation sold as part of the platform or as add-on service. Automates invoice capture, validation, approval workflows, and reconciliation.
- Platform Access and Credit Lines: Payers pay for platform access and credit facilities ($50K-$5M credit lines available). The platform enables batch payments and automated AP workflows for high-volume users.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Payer account with credit line access |
| Freemium | Pay-as-you-go | Vendor account - free to receive payments |
| Transaction based/ take rate | Pay-as-you-go | Guest/Quick Pay for one-time payments |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
PayCargo product offering
Product offeringCore offering
PayCargo is a cloud-based logistics payment platform that enables secure, real-time payment processing and cargo release across air, ocean, rail, and trucking transportation modes. It connects 150,000+ logistics businesses and 6,500+ vendors through a single network supporting ACH, wire, credit card, prepaid, and integrated PayCargo Finance credit lines ($50K–$5M), with AI-powered AP automation, document processing, and deep TMS/ERP/cargo management integrations. The platform is operated through regulated financial institutions and processes $45B+ in freight transactions.
Product overview
PayCargo operates as a unified logistics payment platform combining technology, trust, and trade expertise across a portfolio of interconnected products. The core platform is PayCargo Payments, which enables secure, real-time payment processing for logistics across air, ocean, truck, and rail transportation modes through regulated financial institutions. This is augmented by the Container Payment Portal (CPP), a joint solution with Gnosis Freight that combines real-time container visibility with payment processing to accelerate cargo release. Supporting modules include PayCargo Finance (flexible credit lines from $50K to $5M), AP Automation (AI-powered invoice processing with 91% faster processing), Document Automation (AI-powered document data capture), and Customer Response Automation (automated customer communications). Platform-wide capabilities include PayCargo Intelligence (AI/ML layer with self-learning models and agentic workflows) and Security & Compliance infrastructure. The architecture connects payers and vendors through APIs and direct integrations with TMS, cargo management systems, and ERP platforms.
Differentiator
Problem solved
Functional benefit
Brands
- PayCargo Finance: Flexible financing within PayCargo to keep shipments moving and optimize cash flow. Credit lines from $50K to $5M with 15, 30, or 45-day repayment terms.
- Container Payment Portal (CPP)
- Customer Response Automation
Products and services
- PayCargo Payments Core payment platform enabling secure, instant payment processing for logistics through regulated financial institutions. Supports ACH, wire, credit, prepaid, and PayCargo Finance options for air, ocean, truck, and rail shipments with real-time tracking and cargo release confirmation. Used by shippers, freight forwarders, carriers, terminals, and ground handlers.
- Container Payment Portal (CPP) Joint solution with Gnosis Freight combining real-time container tracking with seamless payments. Provides instant invoice visibility, one-click payments, immediate container release upon payment confirmation, and automated release workflows connecting carriers, terminals, and forwarders worldwide.
- PayCargo Finance Flexible short-term business financing integrated into the PayCargo platform. Provides credit lines from $50K to $5M with 15-, 30-, or 45-day repayment terms. No personal credit checks; credit decisions based on business eligibility. Vendors receive instant payment while payers get extended payment terms.
- AP Automation AI-powered accounts payable automation that handles end-to-end invoice processing from intake to payment. Features adaptive self-learning AI for invoice data extraction (91% accuracy), charge validation, real-time visibility, accrual matching using tolerance-based logic, and dispute management. Processes booking confirmations, bills of lading, air waybills, commercial invoices, and customs declarations.
- Customer Response Automation AI-powered email automation that responds to quote requests, booking confirmations, and shipment tracking inquiries in seconds. Connects with TMS and rate engines for accurate, verified replies 24/7. Claims 80% of quote request emails automated, 30-second average reply time, and 24% increase in quote win rate.
- Document Automation AI-powered document processing for logistics documents including bills of lading, air waybills, commercial invoices, booking confirmations, arrival notices, delivery orders, proofs of delivery, customs forms, and financial documents. Extracts and posts data directly into TMS with real-time processing.
- Integrations Platform Direct API connectivity, EDI, and SFTP integrations connecting PayCargo with TMS, cargo management systems (iCargo, CHAMP, Cargomanager, Logiware, Cargospot, LYNX, Unisys, Nallian), and accounting platforms. Includes payment widget for portal embedding and automatic remittance data posting for seamless data flow.
- Security & Compliance Security and compliance infrastructure including SOC 1 Type 2 certification, PCI DSS compliance, GDPR and CCPA compliance, advanced onboarding with KYC/AML, fraud monitoring, and risk management. Multi-layered fraud prevention includes sanctions screening (OFAC, EU, UN), PEP screening, adverse media monitoring, bank account verification, and ongoing transaction monitoring. PayCargo operates exclusively through licensed financial institutions.
- PayCargo Intelligence AI and machine learning layer powering automation products across the PayCargo platform. Includes adaptive self-learning AI that improves from corrections and exceptions, logistics-trained LLMs that understand charge codes and carrier terminology, agentic workflows handling autonomous matching and routing, and data governance with role-based access and audit trails.
Quantifiable outcome
- 23% reduction in storage fees after optimizing ground handling with PayCargo (ECU Worldwide case study)
- +7 more outcomes
Companies that use PayCargo
Customer profileNamed customers38 records
Segments10 records
Ideal customer profiles6 records
PayCargo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
AI capability9 records
Feature8 records
PayCargo partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and key.
- IBS SoftwarecoreLong-term strategic partnership integrating PayCargo's digital payment capabilities with IBS Software's iCargo cargo management platform. Integration live for Delta Cargo and American Airlines Cargo with additional airline launches planned. Enables airlines, ground handlers, and freight forwarders to streamline financial transactions, improve payment accuracy, accelerate cargo release, and reduce manual workflows.
- AutotollkeyHong Kong-based company partnered with PayCargo and HSBC to develop digital logistics payment platform. Autotoll provides payment infrastructure supporting Hong Kong's smart city and cashless economy initiatives.
- Gnosis FreightcoreStrategic partnership to power the Container Payment Portal (CPP) for Hapag-Lloyd. Combines Gnosis Freight's real-time container visibility with PayCargo's secure payments. Portal launched at 10 U.S. ports including Norfolk, Houston, Savannah, Miami, Tampa, Charleston, Tacoma, Baltimore, Mobile, Philadelphia, and Los Angeles.
- Seed GroupkeyStrategic alliance with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, facilitating PayCargo's entry into the Middle East and North Africa market. Partnership enabled the UAE launch with Emirates SkyCargo.
Scale indicators11 records
Recent moves6 records
Expansion highlights7 records
PayCargo competitors and assessment
Company assessmentDirect peers
- TriumphPay: A US freight payment network now part of Roper Technologies that connects brokers, carriers, and factors for invoice settlement in trucking and adjacent freight modes. It is the closest direct competitor to PayCargo in North American freight B2B payments and works with many of the same brokers, carriers, and factoring companies PayCargo serves.
- Tradeshift: A B2B marketplace and supply chain payments platform that connects buyers, suppliers, and logistics providers with embedded payments, financing, and AP automation. Tradeshift competes with PayCargo in digitizing cross-border freight and trade payments, particularly for global enterprises and forwarders.
- TreviPay: A B2B payments and net-terms platform serving logistics, manufacturing, and distribution verticals with embedded trade credit and invoicing. TreviPay overlaps with PayCargo Finance and PayCargo Payments in offering short-term credit and automated B2B settlement to logistics buyers and sellers.
- Flowcast: An AI-driven invoice financing and supply chain finance platform serving logistics, manufacturing, and trading companies. Flowcast competes with PayCargo Finance by offering working capital against logistics invoices, and its AI risk models overlap with PayCargo Intelligence in pricing freight credit.
- Beacon Payments: A logistics-focused B2B payment platform that processes freight invoices and supports broker-carrier-factor settlement. Beacon competes with PayCargo in middle-mile and intermodal freight payment workflows, particularly for brokers and 3PLs.
- nShift: A European-headquartered shipping and logistics management platform offering delivery management, parcel label generation, and integrated payment/settlement for carriers and shippers. nShift overlaps with PayCargo's international expansion goals by combining TMS functionality with payment automation.
- Cargosphere: An ocean freight rate management and e-invoicing platform connecting ocean carriers, NVOCCs, and forwarders. Cargosphere competes with PayCargo in digitizing ocean freight contracts, invoices, and settlement, including relevant overlap with the Container Payment Portal functionality.
Broad incumbents
- Infor Nexus: The supply chain visibility, finance, and trade platform (formerly GT Nexus) within Infor's broader ERP and SCM suite. It serves many of the same large global shippers, forwarders, and BCOs as PayCargo, offering trade financing and settlement as part of a much wider software portfolio.
- CargoWise: A global logistics execution platform from WiseTech Global used by many of the largest forwarders PayCargo serves, with built-in carrier settlement, invoicing, and AP functionality. CargoWise is both a potential integration partner and a competitor that could internalize payment flows.
Others
- Tipalti: A payables automation platform serving mid-market and enterprise businesses across verticals including logistics and freight. While not freight-specialized, Tipalti competes with PayCargo's AP Automation and Invoice Intelligence modules for finance team budgets in shared logistics customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
PayCargo social profiles
Digital presencePayCargo compliance and trust
Trust signalCompliance4 records
PayCargo financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayCargo leadership team
Management profileNumber of profiles
Profiles30 records
PayCargo subsidiaries and ownership
Company hierarchySubsidiaries3 records
PayCargo funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayCargo M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PayCargo
What does PayCargo do?
PayCargo is a cloud-based logistics payment platform that enables secure, real-time payment processing and cargo release across air, ocean, rail, and trucking transportation modes. It connects 150,000+ logistics businesses and 6,500+ vendors through a single network supporting ACH, wire, credit card, prepaid, and integrated PayCargo Finance credit lines ($50K–$5M), with AI-powered AP automation, document processing, and deep TMS/ERP/cargo management integrations. The platform is operated through regulated financial institutions and processes $45B+ in freight transactions.
Is PayCargo a public or private company?
PayCargo is a private company. It is classified as venture growth investor backed and is currently operating.
When was PayCargo founded?
PayCargo was founded in 2007. It employs 251 to 500 people.
Where is PayCargo based?
PayCargo is headquartered in Coral Gables, United States, in the North America region.
How does PayCargo make money?
Four revenue lines are on record. Transaction-based freight payments are the primary driver. The others are payCargo Finance, AP Automation and platform Access and Credit Lines.
Who are PayCargo's main competitors?
Direct peers on record are TriumphPay, Tradeshift, TreviPay, Flowcast, Beacon Payments, nShift and Cargosphere. Broad incumbents are Infor Nexus and CargoWise. Tipalti is listed as an others.
Does PayCargo have an API?
Yes. Direct API connectivity for retrieving validated invoice amounts, submitting payments, and reconciling transactions. Using GET and POST API calls, payers and vendors can pull validated invoice amounts from their own systems, submit payments through PayCargo, and post reconciliation data back into AP or AR platforms. Supports API authentication via digital tokens for authorized access. Developer documentation is at support.paycargo.com.
What industry is PayCargo in?
PayCargo's product category is Logistics Payment Platform. Its primary akta.pro industry code is FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure, with a secondary code of FSAMAKAE, Marketplace & Platform Seller Payouts. Its NAICS code is 4885 and its SIC code is 4731.