Business, Freight News, IT

Second investment slice for PayCargo

[ June 15, 2021   //   ]

Freight payment platform PayCargo is to receive a US$125 million investment by venture capital and private equity firm Insight Partners. It comes nine months after Insight Partners invested $35 million in a Series A Round. This year, PayCargo is on track to process $10 billion of freight-related payments, a 250% increase from 2020 and has over 67,000 active users.