Forbes Centroamérica · Jul 2026
Quotes Juan Diego Galvez on agentic payments, notes PayCaddy is working on an orchestrator/spin-off for agentic payment mandates, and discusses adoption and fraud risks.
Simplified Banking as a Service for Latam
Company research
Public company, workplace, funding, and market signals
Overview
PayCaddy is a Panama-based, Y Combinator-backed fintech infrastructure company that helps businesses launch and manage digital financial products through APIs and white-label tooling, especially card issuing, digital wallets, payments, and BIN sponsorship.
Primary product
API-based fintech-as-a-service platform for card issuing, digital wallets, payments, and BIN sponsorship
Founded
2018
Headquarters
Panama City, Panama
Team size
11-50 employees
Industry
Financial Services
Sub-industry
Fintech / Banking as a Service / card-issuing infrastructure
Offices
Panama City, Panama
Business model
fintech-as-a-service
banking-as-a-service
API platform
white-label card issuance
BIN sponsorship
card processing
embedded finance
Funding
Stage
Seed
Total raised
$4.1M
Latest round
Seed · Sep 2022
Latest amount
$125K
People & investors
Leadership
Chief Executive Officer
Head of Product
Chief Technology Officer
Chief Compliance, Risk and Legal Officer
Lead Engineer
Lead Designer
Work & culture
Mission-driven and speed-to-market focused, with a knowledge-sharing culture and a strong emphasis on helping customers launch financial products quickly and compliantly.
Compensation
Public job listings on Torre show role-specific base compensation signals around USD 1.5k-2k/month (some roles USD 2k/month), plus benefits such as 4 weeks PTO and private health insurance. This is not evidence of a company-wide pay policy.
Benefits
Private health insurance
4 weeks PTO
Short-term growth opportunities
Knowledge-sharing culture
Product & market
Pricing
Usage-/program-based enterprise pricing; PayCaddy describes a straightforward priced-to-scale model and time-to-market oriented issuance packages.
Differentiators
- —Mastercard BIN sponsorship / principal membership access
- —Panama-regulated issuer status
- —API-first plus white-label/no-code product paths
- —Fast time-to-market for card programs
- —Cross-border LATAM focus
Technology
Python
JavaScript
TypeScript
SQL
Microsoft Azure
Microservices
Git
Power BI
REST API
JSON
Mastercard
Customers
banks
financial institutions
fintechs
enterprises
retailers
crypto exchanges
marketplaces
gig-work platforms
payroll platforms
digital wallets
remittance companies
wealth managers
Competitors
Pomelo
Kushki
Stitch
Marqeta
Galileo
Scale & contact
Estimated revenue
approximately $5M ARR; public estimates vary and one source classifies it as under $5M
Estimated monthly visits
357
Traffic estimate as of Jul 2026
Latest news
Forbes Centroamérica · Jul 2026
Profiles Juan Diego Galvez and says PayCaddy has scaled to process more than $140M in card payments and issue more than 170,000 cards in the region.
Panamá Banking News · Oct 2025
Covers a PayCaddy-UniBank-Mastercard event in Panama focused on innovation and financial inclusion, and quotes Juan Diego Galvez on PayCaddy's role as an enabler.
The Business Year · Aug 2025
Interview with the CEO describing PayCaddy's product, regulatory path in Panama, customer types, and growth plans.
República · Jun 2025
Profiles PayCaddy from Panama and describes it as infrastructure for banks, remittance hubs, and digital companies to launch embedded finance products, cards, and wallets.
Jobs and careers at PayCaddy
0 jobs at PayCaddy
No open positions
Check back later for new openings