Pagos provides payment-intelligence infrastructure that streams and stores payments, commerce and fraud data and surfaces insights through a single dashboard and APIs. It connects to processors including Adyen, Chase, Braintree, PayPal, Stripe and WorldPay and offers data ingestion APIs and action products for developers and business stakeholders. The platform has processed over a billion transaction events and serves customers such as Adobe, Eventbrite, GoFundMe, Peek and Warner Bros. Discovery. Founders Klas Bäck, Albert Drouart and Dan Blomberg have backgrounds at Braintree/Venmo, PayPal and other startups. Pagos plans to greatly expand its remote software, product, sales and account management teams from its current 41-person workforce over the next year. The company positions itself to help customers reduce payment costs, optimize routing and recurring billing without replacing existing payment vendors. Pagos is building a SaaS data platform and API-driven microservices that integrate with any payment stack to help companies optimize payment processing and execution. Its tools include immediate payment data visualizations, automatic notifications on payment trends or problems, and up-to-date BIN details to manage customers and track costs. The company aims to deliver more than a dozen individual microservices (unbundled, free to try and individually priced at scale) and plans to add network tokenization and account updater services. Pagos was founded by former Braintree/Venmo and PayPal executives (CEO Klas Bäck and CPO Albert Drouart) with CTO Daniel Blomberg, who has launched multiple startups. The company is remote-first, has a 20-person team, and has been working with customers globally ranging from 50-person companies to merchants selling billions online. It raised a seed round to support product development and expand its engineering headcount.

Total raised

$44M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2023