Pagos Named to 2024 Fintech Innovation 50
We’re excited to share that Pagos was named to the 2024 Fintech Innovation 50, an annual list launched by GGV Capital U.S. in partnership with Crunchbase, to recognize the most promising fintech companies in the eyes of startup investors.
GGV Capital U.S. partnered with 44 investment firms to nominate and vote in order to select the 50 honorees who were selected through a voting process that required the nomination of portfolio and non-portfolio companies. Nomination criteria included companies with a primary product focus on fintech, the U.S. as a primary market, and Series A stage financing. For more information about participating investors and list methodology, visit fintechinnovation50.com. Having raised more than $12 billion collectively, the Fintech Innovation 50 demonstrates the enthusiasm of venture capital investors in the growth and innovation of this sector. In celebration, honorees rang the Opening Bell at the Nasdaq MarketSite today.
“We believe the long-term tides are in fintech's favour. Market shares are increasingly captured by disruptors and value-added enablers,” said Hans Tung, Managing Partner, GGV Capital U.S. “Congratulations to the Fintech Innovation 50 honorees!"
Klas Bäck, CEO of Pagos added “We understand the pressure businesses are facing in the current market to drive down costs, and payments optimization is a key way to accomplish that. I’m exceptionally grateful for this recognition by GGV Capital and Crunchbase at a time when businesses need us the most. Pagos has helped many reduce their overall cost already, and we’re excited to continue expanding on this work.”
This is an exciting time for Pagos and a great way to kick off the new year! We look forward to what we’ll accomplish with our team, customers, partners, and investors to continue delivering payments optimization solutions we know businesses need.