What Does PayCargo Do?

Total employees141
HeadquartersCoral Gables
Founded2007

PayCargo is a pioneering fintech company at the forefront of transforming the global cargo and logistics industry through its advanced digital payment platform. From an end-user perspective, PayCargo offers a streamlined, secure, and expedited way to process payments for freight charges, eliminating the delays and complexities associated with traditional methods like checks, cash, and wire transfers. For shippers, carriers, and logistics providers, this means faster cargo release, improved cash flow, reduced operational costs, and enhanced visibility into payment statuses. PayCargo's platform integrates seamlessly with existing industry systems, fostering a more connected and efficient global trade ecosystem. Their mission is to digitize the entire payments lifecycle for the supply chain, making it as simple and fast as any consumer online transaction.

Where Is PayCargo's Headquarters?

HQ Function

The headquarters serves as the central command for global operations, housing executive leadership, core technology development, product management, sales, marketing, finance, and customer support teams.

Notable Features:

Located on the vibrant Miracle Mile, known for its Mediterranean Revival architecture and upscale business environment. The office itself is a modern workspace designed to foster collaboration and innovation.

Work Culture:

PayCargo cultivates a dynamic, fast-paced, and innovative work culture typical of a leading fintech company. There's a strong emphasis on customer-centricity, collaboration across departments, and agile problem-solving to continuously enhance their payment solutions for the logistics industry.

HQ Significance:

The Coral Gables headquarters is significant due to its proximity to major U.S. and Latin American trade corridors and a thriving tech scene. It allows PayCargo to stay close to its key markets and tap into a rich talent pool.

Values Reflected in HQ: The headquarters' choice of a modern, well-connected location reflects PayCargo's values of efficiency, innovation, and global connectivity. The collaborative workspace design underscores their commitment to teamwork and customer-focused solutions.

Location:

PayCargo supports payment transactions globally, with a strong presence in North America, Europe, and a growing footprint in Asia, the Middle East, and Latin America. Their platform is utilized by thousands of shippers, carriers, and logistics providers worldwide, enabling seamless domestic and cross-border payments. Functions supported globally include online payment processing, vendor integrations, customer support, and business development tailored to regional market needs.

Street Address:

55 Miracle Mile, Suite 400

City:

Coral Gables

State/Province:

Florida

Country:

USA

Where Else Does PayCargo Operate Around the World?

Madrid, Spain

Address: Calle de Manzanares, 4, 28005 Madrid, Spain

To drive adoption of PayCargo's payment solutions in the EMEA market, cater to local customer needs, and build strategic alliances with regional carriers, freight forwarders, and port authorities.

Buying Intent Signals for PayCargo

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading PayCargo? Meet the Executive Team

As of April 2025, PayCargo' leadership includes:

Eduardo Del Riego - Chief Executive Officer
Todd W. Romaine - Chief Commercial Officer
Jason Weber - Chief Technology Officer
Michael HMX White - Chief Financial Officer
Marta E. Ramirez - Chief People Officer
Doug Schmidt - Chief Product & Innovation Officer

Who's Investing in PayCargo?

PayCargo has been backed by several prominent investors over the years, including:

Insight Partners
Blackstone Growth (BXG)
Nordic Eye Venture Capital

What Leadership Changes Has PayCargo Seen Recently?

Hire3
Exits0

PayCargo has significantly strengthened its executive leadership team over the past 12 months with key strategic appointments. Notably, the company welcomed a new Chief Financial Officer, a Chief Product & Innovation Officer, and a Chief People Officer. These hires underscore PayCargo's commitment to robust financial stewardship, continuous product innovation, and fostering a strong company culture to support its rapid growth and global expansion in the logistics payment sector. No major executive departures have been publicly announced during this period.

New Appointments:

Michael HMX White, Michael HMX White appointed as new CFO.
Doug Schmidt, Doug Schmidt appointed as new CPIO.
Marta E. Ramirez, Marta E. Ramirez appointed as new CPO.

What Technology (Tech Stack) Is Used byPayCargo?

Discover the tools PayCargo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

PayCargo Email Formats and Examples

PayCargo commonly uses the email format combining the first initial of the employee's first name with their full last name. While other formats might exist in isolated cases, this is the most prevalent structure for company communications.

[first_initial][last]@paycargo.com

Format

jdoe@paycargo.com

Example

85%

Success rate

What's the Latest News About PayCargo?

Business WireJanuary 10, 2024

PayCargo Appoints Michael HMX White as Chief Financial Officer and Doug Schmidt as Chief Product and Innovation Officer

PayCargo announced the strategic appointments of Michael HMX White as its new CFO and Doug Schmidt as its CPIO, strengthening its leadership team to drive financial excellence and product innovation....more

AJOT (American Journal of Transportation)October 26, 2023

PayCargo and Rippey AI Partner to Launch 'PayGPT' to Revolutionize Freight Payments with Generative AI

PayCargo announced a partnership with Rippey AI to introduce PayGPT, a generative AI tool aimed at enhancing automation and efficiency in freight payment processing for its users....more

Port Technology InternationalSeptember 7, 2023

Ocean Network Express (ONE) Canada Selects PayCargo for Expedited Cargo Release

Ocean Network Express (ONE) Canada has adopted PayCargo's digital payments platform to streamline its payment processes and offer faster cargo release for its customers across Canada....more

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