Paggo Closes $3.2M Seed Round Led by 6 Degrees Capital Expanding SME Digital Payment Solutions

Paggo, the all-in-one platform designed to support small and medium-sized enterprises (SMEs), has successfully closed a $3.2 million seed funding round. The round was led by 6 Degrees Capital, a London-based global FinTech investor, with contributions from Caricaco and several strategic angel investors.

The investment marks a key milestone for Paggo, which aims to strengthen the economic impact of SMEs in Guatemala and across the region.

Comprehensive Solutions for SMEs

Paggo provides a full ecosystem for businesses, including POS devices, QR codes, payment links, and online tools, enabling merchants to sell more, accept card payments, and manage operations efficiently. Currently, the company has distributed over 20,000 POS devices throughout Guatemala, helping thousands of entrepreneurs integrate digital tools into their operations.

Luis Gómez, CEO of Paggo, commented:

"This investment is a key milestone for Paggo, Central America, and for the thousands of SMEs we serve. It will allow us to scale our mission of empowering small and medium-sized businesses in the region, driving growth and making a real impact on the economy."

Driving Regional Expansion and Innovation

With the new capital, Paggo plans to accelerate regional expansion, enhance product development, and strengthen its team to continue delivering accessible and comprehensive solutions for SMEs.

6 Degrees Capital added:

"We are excited to lead the Seed round in Paggo, to help fund their expansion in Central America and beyond. The company has made incredible progress with minimal funding, becoming the leading payment facilitator in Guatemala and serving tens of thousands of merchants with a comprehensive point of sale solution."

Paggo remains committed to offering innovative, easy-to-use solutions that empower SMEs and foster economic growth throughout the region.