Paggo Technologies

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Paggo Technologies - overview

Established

2022

Location

Guatemala City, -, Guatemala

Primary Industry

Financial Services

About

Based in Guatemala, Paggo Technologies specializes in Point of Sale (POS) solutions to facilitate efficient credit and debit card transactions for businesses, enabling rapid payment processing and integration with digital platforms. Paggo Technologies operates as a provider of innovative payment solutions. Founded in 2022 and headquartered in Guatemala City, Guatemala, the company has secured USD 3. 2 mn in Seed funding led by 6 Degrees Capital, with participation from Caricaco.


The company has completed one funding deal as of September 8, 2025, focusing on enhancing its product offerings in the digital payment sector. The founder has a history of engaging in technology ventures, although specific prior company details are not available. Paggo's primary offerings revolve around its Point of Sale (POS) solutions, designed to facilitate seamless credit and debit card transactions for businesses. Their services allow merchants to quickly affiliate with a fully digital platform, enabling them to begin processing payments within minutes.


Paggo provides a modern, compact POS device that operates independently of mobile phones, featuring WiFi and 4G connectivity, thus ensuring that transactions can occur anywhere. The company serves a diverse clientele, including small to medium-sized enterprises across various sectors, with a focus on enhancing transaction efficiency and mobility. Additionally, Paggo's services extend to integrating with client websites through its API, allowing for customized payment solutions and comprehensive transaction reporting. The products are primarily marketed in regions where digital payments are gaining traction, catering to businesses that require rapid and reliable payment processing.


Paggo generates revenue primarily through transaction fees associated with its POS services. The revenue model includes a straightforward commission structure of 4. 80%, which is inclusive of VAT and applicable retention fees, making it competitive within the market. Transactions are processed directly between Paggo and its merchant clients, with the merchants incurring charges only for the device itself without additional monthly fees.


This model is designed for ease of use, eliminating hidden costs and providing a clear pricing structure. Paggo's flagship product, the POS device, is marketed at a one-time purchase price, after which users are able to transact without ongoing subscription costs. This transparent transaction framework positions Paggo favorably in the digital payment landscape, appealing to a wide range of businesses looking to streamline their payment acceptance processes. In September 2025, Paggo Technologies raised USD 3.


2 mn in Seed funding to support its growth initiatives. The company plans to leverage this funding to expand its products across Central America while improving product features and growing its team. Specific geographic regions targeted for expansion have not been disclosed, but the focus will be on enhancing accessibility and functionality in the digital payments market.


Current Investors

Caricaco, 6 Degrees Capital

Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.paggoapp.com

Verticals

FinTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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