Pagos Solutions
Intelligent payment infrastructure for commerce
- 21-100 employees
- Fintech
- B2B
- Payments
- Financial Services
- SaaS
- Wilmington, DE
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Company mission
To deliver intelligent payments infrastructure that provides businesses with the tools they need to improve processing operations, accelerate revenue growth, and delight new and returning customers.
Our take
With global payment revenue expected to reach $14.79T by 2027, the improtance of effective payment infrastructure has neber been greater. However, as the technology becomes more essential, the costs and icomplexities associated with it continue to rise. A recent survey found that merchant's satisfaction with their payment processors has significantly declines, particularly when faced with major technical challenge.
Pagos addresses this gap by offering platform that simplifies the complexities of payment systems, making it easier for businesses to navigate and optimize their payment environments. In early 2023, Pagos successfully closed an oversubscribed Series A funding round. The company is using this funding to expand its engineering trem and continue refining its product suite, which currently includes Parrot, Peacock, canary, Toucan, and Loon.,
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Comprehensive Health Benefits
- Flexible Work Environment
- Personal Development Budget
- Generous PTO
Funding (2 rounds)
Jan 2023
$34m
LATE VC
Oct 2021
$10m
SEED
Total funding: $44m
Leadership
Klas Bäck
(Co-Founder & CEO)Before co-founding Pagos, was Vice President of Strategy, Business Development & Markets at PayPal. Previously spent 9 years at Braintree as Head of Business Development, Strategy, Markets & Payments Optimization, as well as 3 years at global e-commerce, payments and marketing services Digital River.
Albert Drouart
(Co-Founder & CPO)Former VP of Merrill Lynch Japan, and former Business Development Lead at Digital River World Payments. Before co-founding Pagos, they spent over 8 years at global payment services provider Braintree, including a spell as Senior Director of Market Strategy & Payment Partners.