PayJoy is a mission-first financial service provider dedicated to helping under-served customers in emerging markets achieve financial stability and success by using patented technology that turns smartphones into digital collateral.

PayJoy was founded by Doug Ricket.

PayJoy has raised a total of $$360 Million across 11 funding rounds. The most recent funding was completed on 2023-09-01.

PayJoy's key investors include Warburg Pincus.

PayJoy is headquartered in San Francisco, United States.

PayJoy was founded in 2015.

PayJoy has 1001-5000 employees.

PayJoy's latest funding round was a Series C round of $$150 Million completed on 2023-09-01.

PayJoy is a mission-first financial service provider dedicated to helping under-served customers in emerging markets achieve financial stability and success by using patented technology that turns smartphones into digital collateral.

$360 Million

2023-09-01

Warburg Pincus

Regulatory hurdles in new markets Maintaining profitability while scaling Competition in financial technology

Expansion into Asia Increasing smartphone penetration in emerging markets Partnerships with local enterprises

PayJoy announced Bharath Ramarathinam as the new Chief Technology Officer to lead technology and product expansion. PayJoy is expanding into Asia with operations launching in the Philippines, targeting underserved customers.