IDB Lab's US$10 Million Paigo Financing Supports Uruguay's Startup Ecosystem

On 28 October 2026, IDB Lab approved up to US$10 million in financing for Paigo, a Uruguayan fintech company founded in 2018. The operation includes up to US$5 million initially and a possible additional US$5 million to expand digital financing for small businesses. Paigo uses alternative data, analytics and artificial intelligence to assess credit risk and financing capacity. Startup founders, venture capital firms and technology investors can explore fintech innovation, AI-based lending and scalable financial platforms. HPC can support AI development, predictive analytics and high-performance computing infrastructure; contact HPC for a quotation based on your requirements.