PayCaddy

PayCaddy is a fintech company based in Panama City, founded in 2018 by Juan Diego Galvez and Federico Benavides. As a Banking as a Service (BaaS) platform, it focuses on Latin America, enabling businesses to quickly launch and manage financial products through an API-based system. The company is part of Y Combinator’s Winter 2022 batch and has a team of around 20 employees. PayCaddy offers a range of services, including the creation and management of digital wallets, online payment processing, programmable business rules for automating financial workflows, and the issuance of personalized MasterCard debit and prepaid cards. The platform also includes Know Your Customer (KYC) compliance checks to ensure regulatory adherence. PayCaddy's solutions are designed for mid to large-sized Latin American companies looking to integrate financial services into their offerings without the need for complex fintech infrastructure.