Pago ASAP Secures $1.15 Million to Enhance Payment Infrastructure and Expand in Latin America

Pago ASAP Raises $1.15 Million in Latest Funding Round

Pago ASAP, a cross-border payment platform facilitating seamless transactions between Venezuela and other countries, has announced the successful closure of a $1.15 million funding round. The round was led by SaaSholic, with additional participation from RallyCap.

Expansion Plans

The newly acquired funds will enable Pago ASAP to expand its operations into Colombia, marking a significant step in its strategy to broaden its reach across Latin America. This move follows the company's efforts to strengthen its payment infrastructure, allowing businesses to conduct transactions more efficiently.

Strengthening Payment Infrastructure

Pago ASAP's platform provides a robust payment infrastructure that serves banks, fintech companies, digital wallets, remittance companies, and other businesses. By using their API or platform, these entities can send and receive payments between Venezuela and various international markets.

Operational Highlights

In the first half of 2026, Pago ASAP processed over $30 million in transactions to Venezuela and $128 million from the country. The company currently collaborates with more than 1,200 businesses across Chile, Colombia, Peru, Mexico, and the United States.

Leadership and Vision

Mayer Waich, Co-Founder and COO, has been instrumental in driving the company's vision forward. Under his leadership, Pago ASAP continues to innovate and expand its service offerings to meet the growing demand for efficient cross-border payment solutions.

Use of Funds

The funds raised in this round will be primarily used to support the company’s expansion efforts throughout Latin America and to enhance its payment infrastructure. This will further solidify Pago ASAP's position in the competitive fintech market.

Looking Ahead

With this new capital injection, Pago ASAP is well-positioned to enhance its service capabilities and expand its footprint in the Latin American market, providing more robust and efficient payment solutions to its growing customer base.