Huo Xing Finance reports that PayGo, a native HTTP payment infrastructure built on the x402 open standard, has officially announced the completion of its strategic funding round, with investors including United Overseas Bank (UOB), Signum Capital, and Ledger Capital. PayGo is natively built on the ENI blockchain and primarily provides account-free, subscription-free, and API-key-free, request-level instant stablecoin (USDT/USDC) payment settlement services for APIs, AI agents, and the machine economy, leveraging the HTTP 402 "Payment Required" status code. PAYG is the project's governance token.
PayGo Secures Strategic Investment from Signum Capital, Ledger Capital, and UOB to Accelerate Micro-Payment Infrastructure
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Summary
PayGo, an HTTP-native payment infrastructure built on the x402 open standard, has secured project funding from UOB, Signum Capital, and Ledger Capital. Built on the ENI blockchain, the platform enables instant stablecoin (USDT/USDC) settlement for API and AI agent transactions using HTTP 402—no accounts, subscriptions, or API keys required. PAYG is the governance token. This on-chain announcement underscores the project’s efforts to expand micro-payment infrastructure.
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