PayCargo, a startup that provides a payments and data analytics platform for logistics companies, has raised $130 million in new funding. With the new capital, the company plans to expand into new regions across Asia, the Middle East and Latin America. For the Series C funding Coral Gables Trust Company used funds managed by Blackstone Growth (BXG), a branch of investment giant Blackstone. PayCargo’s software assists companies in facilitating and managing payments across all means of transportation. Its platform supports real-time payment
PayCargo, a Logistics Payments Startup, Nets $130 Million From Blackstone Growth
