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PayJoy

Fintech · San Francisco, United States · Founded 2015

Provides smartphone-enabled consumer financing solutions MoreLess

PayJoy is a financial technology company that focuses on providing access to credit for underserved consumers in emerging markets. The company partners with financial institutions and retailers to offer a unique service that leverages mobile locking technology and data science. This technology allows consumers to purchase smartphones and other devices on credit, with the device itself serving as collateral. PayJoy operates in various countries including Mexico, South Africa, India, China, and Indonesia, making it a truly global player in the consumer finance market. The business model revolves around partnerships with local financial institutions and retailers, who benefit from PayJoy's technology to extend credit to customers who would otherwise be unable to obtain it. PayJoy generates revenue through service fees and interest on the credit extended. The company's target clients are primarily individuals in emerging markets who lack access to traditional banking services but need credit to purchase essential devices. By addressing this gap, PayJoy not only helps consumers but also drives economic growth in these regions.

Keywords: mobile locking technology, consumer finance, emerging markets, credit access, financial technology, data science, global partnerships, underserved consumers, device collateral, economic growth.

Valuation $500M–1B
Revenue $500M–1B
Headcount 1–2k
Total funding $100–500M
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Company overview

PayJoy company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
San Francisco, United States
Employees
1,977
Open positions
62
Dealroom signal
93.7
client focusb2csub industryMortgages & LendingindustryFintechsectorSustainable Development GoalssectorConsumer Lendingsectorfinancial inclusion

Valuation & funding

PayJoy funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Dec 2025 $140M Neuberger Berman
DEBTDebt Sep 2023 $210M Citi
SERIES COther financing Sep 2023 $150M $600M Union Square Ventures · Invus · Warburg Pincus · Greylock Partners
DEBTDebt Jan 2020 $26M Lendable
SERIES BOther financing May 2019 $20M $80M Core Innovation Capital · Greylock Partners · Union Square Ventures · EchoVC
DEBTDebt Nov 2018 Arc Labs
CONVERTIBLEOther financing May 2018 Mindset Ventures
DEBTDebt Jan 2018 Paxion Capital · Orange Ventures
CONVERTIBLEOther financing Sep 2017 500 Global · NXTP Labs · Tekton Ventures · ITOCHU
DEBTDebt Jul 2016 Western Technology Investment
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $650M 0% 1,977
2025 $650M +44.4% 1,591
2024 $450M 1,158
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

PayJoy website traffic

Latest recorded traffic for PayJoy is 2.8M monthly website visits, up 16.7% over the last three months. PayJoy's team grew 24.3% over the past year.

Latest monthly visits2.8M 3-month web change+16.7% 1-year team growth+24.3%
Monthly website visits125 observations · Feb 2016–Jul 2026
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Comparisons

PayJoy compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

PayJoy's talent

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Team profiled 55 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

44 investors on PayJoy's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 22 investors entered at this stage
Red Swan Ventures
Compound
Core Innovation Capital
Alexis de Belloy
Stephen Ciesinski
Javelin Capital
Adam Sah
Grant Taylor
John Dukellis
Mesh Lakhani
Terry Duryea
Three Fish Capital
Vance Bjorn
Collin Wallace
Pascal Levy-Garboua
Western Technology Investment
Safa Rashtchy
Eric Chen
Dan Bragiel
Singularity Investments
Alexandre Carel
Jon Freeman
Series A 14 investors entered at this stage
Union Square Ventures
Orange Ventures
Dave Eisenberg
DNX Ventures
Fenway Summer Ventures
Eric Ver Ploeg
500 Global
NXTP Labs
Tekton Ventures
ITOCHU
Mouro Capital
Mindset Ventures
Greylock Partners
EchoVC
Series B+ 8 investors entered at this stage
Paxion Capital
Arc Labs
Lendable
Citi
Warburg Pincus
Invus
Citi Ventures
Neuberger Berman

Global footprint

Where PayJoy has talent and traffic

Workforce by country
20 countries with
team presence
🇲🇽 Mexico28.6%
🇧🇷 Brazil16.1%
🇨🇴 Colombia15.3%
🇿🇦 South Africa11.6%
🇺🇸 United States10%
Top 5 of 20 shown

In the news

Latest news about PayJoy

Recent press, funding announcements, and product moves mentioning PayJoy — open to read from the original sources.

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Market sentiment

What the market is saying about PayJoy

An AI-synthesized read of the highest-engagement posts about PayJoy on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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