Palago
Curated by SignalContactless payment solutions through innovative wearable devices for convenience.
Overview
Palago operates in the fintech sector, focusing on contactless payment solutions aimed at improving transaction efficiency and security. The company has developed a wearable device that integrates multiple payment, transport, and access cards into a single format. This device is intended to address the challenge of managing multiple cards. Palago's target audience includes consumers who prioritize convenience and retailers interested in updating their payment systems. The company utilizes open standards and a secure element chipset with NFC technology to offer a solution that caters to the growing demand for contactless transactions, while also ensuring data protection and compatibility with various point-of-sale systems.
Key facts
- Founded
- 2016
- Headquarters
- Lund, Sweden
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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Contact
- Primary office
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