PayCargo moves approximately $4 billion in cargo payments a year, but del Riego said the company covers less than 3 percent of the global supply chain finance market, which grew to between $50 billion and $75 billion in 2019, according to estimates from the International Chamber of Commerce. “This is a huge market, and it is also global, so the opportunity is enormous,” he added. “We are at the tip of the iceberg.”

https://news.crunchbase.com/news/insight-backed-paycargo-inks-first-vc-funding-for-supply-chain-payments/?utm_content=intro&utm_term=content&mkt_tok=eyJpIjoiTXpGa1pqSXpaV0V3WmpOaiIsInQiOiI4T3lIeEREaHFCczFMRmVheXp0UmVyd2Zna3JzVWFWSDlKMHRRRW5Oc2lySkRNU29ocmF5bG1maUMxRHp2anVtTlBwNnJlQmM3eDlidHk0cWR3MlZzS3N4YWxzN2ZVcysxOFVaenJaSHBaZEJFTGlSZUpKanZHM3pqUmdySjMzTSJ9