PayGo Raises Strategic Funding From UOB, Signum Capital, and Ledger Capital

PayGo, an HTTP-native payments infrastructure built on the x402 open standard, announced it has completed a strategic funding round backed by United Overseas Bank (UOB), Signum Capital, and Ledger Capital. According to ChainCatcher, PayGo is natively built on the ENI blockchain and uses the HTTP 402 “Payment Required” status code to enable per-request, instant stablecoin settlement. The company said the system is designed for APIs, AI agents, and machine-to-machine commerce, offering payments without accounts, subscriptions, or API keys. It supports settlements in USDT and USDC, and PAYG is described as the project’s governance token.