Florida based fintech for the freight industry raised $130m in Series C funding led by Blackstone Growth.
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PayCargo raises $130m in Series C funding
“I think today the opportunity is to provide the data in a digestible and synthesized manner, to take that and productize it for those customers,” said Vini Letteri, senior MD and head of financial services for Blackstone Growth. “Yes in the future, that can also be a handoff of data. But as supply chains get disrupted, there will be more demand for that data, so products to access that will be valuable.”
