# PayCargo

PayCargo is an Asset Manager based in Coral Gables, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Coral Gables, United States
- **Region:** North America
- **Address:** Coral Gables, FL, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** www.paycargo.com
- **LinkedIn:** https://www.linkedin.com/company/paycargo

## Regulatory record

- **Reports private funds:** No

## About

PayCargo is a logistics payment platform serving the Ocean, Air, Trucking, and Rail industries. It offers a system for instant cargo release and facilitates payments to a network of multimodal vendors. Founded in 2007, PayCargo is based in Coral Gables, Florida.

## Sectors

- FinTech
- Logistics & Supply Chain

## Offices

- Madrid, Spain
- Sydney, Australia
- Hong Kong
- Dubai, United Arab Emirates

## People

- Eduardo Del Riego — President & Chief Executive Officer
- Juan C. Dieppa — Chief Operating Officer
- Adriaan Reinders — Chief Executive Officer, PayCargo International
- Ryan Hinkle — Insight Board Director

## Questions

### Who runs investment decisions at PayCargo?

PayCargo is an operating company, not an investment firm. Strategic and capital-allocation decisions are led by President and CEO Eduardo Del Riego and the executive team, with oversight from a board that includes Ryan Hinkle of Insight Partners and former Joint Chiefs Chairman Admiral Michael Mullen.

### How does PayCargo make money?

PayCargo generates revenue through transaction fees on payments processed across its network and from platform subscription fees. It is not an asset manager and does not earn carried interest or management fees. The company positions itself as the digital utility that enables cargo release, charging for the speed, compliance and audit trail it provides.

### How is PayCargo related to the Blackstone Group?

Blackstone led PayCargo’s Series C funding round, making it an institutional investor in the company alongside Insight Partners. The relationship does not make PayCargo a portfolio company managed by Blackstone’s investment teams; Blackstone holds a minority equity stake and does not control day-to-day operations.

### What is PayCargo’s known posture on partnerships alongside external logistics providers?

PayCargo partners with established logistics operators rather than competing with them. Its platform integrates with carriers, terminals, and freight forwarders — including American Airlines Cargo and ECU Worldwide — to accelerate payment-to-release workflows. The firm treats these operators as distribution and utility partners, not adversaries.

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Last updated: 2026-06-03T20:00:00.000Z

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