{"id":3663,"date":"2025-01-15T16:20:16","date_gmt":"2025-01-15T16:20:16","guid":{"rendered":"http:\/\/brownsvillecic.com\/?p=3663"},"modified":"2025-07-26T10:47:50","modified_gmt":"2025-07-26T10:47:50","slug":"supply-pay-becomes-first-rgv-startup-to-pitch-at-alamo-angels-since-the-creation-of-the-chapter","status":"publish","type":"post","link":"https:\/\/brownsvillecic.com\/es\/supply-pay-becomes-first-rgv-startup-to-pitch-at-alamo-angels-since-the-creation-of-the-chapter\/","title":{"rendered":"upply Pay Becomes First RGV Startup to Pitch at Alamo Angels Since the Creation of the Chapter"},"content":{"rendered":"

Tuesday, January 14 \u2013 Brownsville, Texas<\/strong> \u2013 Supply Pay, the fastest-growing fintech company in the Rio Grande Valley, will become the first RGV-based startup to pitch at the upcoming Alamo Angels pitch event on Wednesday, January 15, 2025, representing a significant milestone in the region\u2019s entrepreneurial ecosystem. This pitch comes on the heels of Supply Pay\u2019s rapid success, including providing over $2.5 million in trade financing without a single loss, achieving profitability within four months, and supporting major U.S.-Mexico trade operations for companies who supply to industry names like Walmart, H-E-B, HelloFresh, and Kroger.<\/p>\n

\u201cSupply Pay\u2019s upcoming pitch underscores the incredible opportunities Alamo Angels is bringing to the Rio Grande Valley region,\u201d said Juan Sebastian Garzon, Executive Director of Alamo Angels. \u201cAs the largest and most active angel investment network in Texas, we are uniquely positioned to connect high-potential companies from underserved areas like the RGV with the resources, expertise, and capital they need to thrive. This is a prime example of how we\u2019re driving innovation and fostering economic growth in our community.\u201d<\/p>\n

Supply Pay\u2019s innovative AI-powered platform offers importers and exporters fast and flexible access to capital, real-time cash flow tracking, and predictive financial forecasting, filling a critical gap in cross-border trade financing. The company has garnered significant investor interest, with $600,000 already secured and commitments nearing $1.6 million from U.S. and global venture capital funds.<\/p>\n

\u201cThis moment brings our mission full circle. Supply Pay started as an incubator member at the eBridge Center, grew through our StartUp Texas Pitch Competition, and is now taking the next big step by pitching to Alamo Angels,\u201d said Cori Pe\u00f1a, President and CEO of the Brownsville Community Improvement Corporation (BCIC.) \u201cIt\u2019s a proud example of how our innovation-driven programs are empowering entrepreneurs and transforming the Rio Grande Valley into a launchpad for scalable businesses.\u201d<\/p>\n

The upcoming pitch event represents a significant milestone for both Supply Pay and the growing RGV startup ecosystem. By attracting Alamo Angels and a diverse group of angel investors from across Texas, the event creates a unique platform for local startups to secure essential capital and establish key strategic alliances.<\/p>\n

William Steele, Supply Pay\u2019s CEO and Co-founder added, \u201cIt is an honor to be able to share what we are building with the Alamo Angel Network\u2014with the help of the budding startup ecosystem here in the RGV, particularly e-Bridge, BCIC & UTRGV, and other local entrepreneurial networks\u2014we have been able to prove that you can build a successful venture backed technology company here in our region.\u201d<\/p>\n

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