PayJoy Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 1,400

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $360M

  • Investors
  • 50

PayJoy General Information

Description

Provider of consumer financing services intended for people in emerging markets. The company's services permit customers to register at a local merchant with their identity, choose a smartphone, make a deposit, and select a payment plan of their choice, enabling underbanked segment customers to receive affordable smartphone financing.

Contact Information

Website
www.payjoy.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Specialized Finance
Corporate Office
  • 655 4th Street
  • San Francisco, CA 94107
  • United States
+1 (408) 000-0000

PayJoy Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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PayJoy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
16. Later Stage VC (Series C) 10-Apr-2024 $360M 00000 00000 Completed Generating Revenue
15. Secondary Transaction - Private 0000 Completed Generating Revenue
14. Debt - General 01-Sep-2021 00.00 0000 Completed Generating Revenue
13. Debt - PPP 16-Apr-2020 00000 000.00 Completed Generating Revenue
12. Early Stage VC (Series B) 23-May-2019 0000 000.00 0000 Completed Generating Revenue
11. Debt - General 01-Nov-2018 0000 000.00 Completed Generating Revenue
10. Early Stage VC (Series B) 25-May-2018 000 000.00 0000 Completed Generating Revenue
9. Early Stage VC (Series B) 31-Aug-2017 000 000.00 0000 Completed Generating Revenue
8. Early Stage VC (Series A) 11-Jul-2016 $18.5M $19.5M Completed Generating Revenue
7. Debt - General 18-Dec-2015 $1M $1M Completed Generating Revenue
To view PayJoy’s complete valuation and funding history, request access »

PayJoy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 00,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series B3 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B1 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A3 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A2 1,493,945 $0.000001 $0.71 $0.71 1x $0.71 2.35%
Series A1 8,120,823 $0.000001 $1.14 $1.14 1x $1.14 12.79%
To view PayJoy’s complete cap table history, request access »

PayJoy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of consumer financing services intended for people in emerging markets. The company's services permit customers
Consumer Finance
San Francisco, CA
1,400 As of 2024
00000
00000 0000-00-00
00000000000 00000

000 00

t. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore
00000000000 0000000
Marietta, GA
000 As of 0000
00000
00000000000 00000

000000

boris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehen
00000000 0000000
San Francisco, CA
000 As of 0000
00000
00000 0000-00-00
000000&0 00000
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PayJoy Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CAN Capital Private Equity-Backed Marietta, GA 000 00000 00000000000 00000
Earnest Operations Formerly VC-backed San Francisco, CA 000 00000 000000&0 00000
Uncapped Venture Capital-Backed Kent, United Kingdom 00 00000 000000000 00000
Financeit Canada Private Equity-Backed Toronto, Canada 000 00000 000000000000
Merchant Growth Angel-Backed Vancouver, Canada 00 00.00 0000000000 00.00
You’re viewing 5 of 18 competitors. Get the full list »

PayJoy Patents

PayJoy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220197996-A1 Method and system for remote management of access to appliances Active 17-Dec-2020 000000000
US-20220261477-A1 Method and system for remote management of access to appliances Active 17-Dec-2020 000000000 0
US-11354403-B1 Method and system for remote management of access to appliances Active 17-Dec-2020 000000000 00
US-11947661-B2 Method and system for remote management of access to appliances Active 17-Dec-2020 000000000 00
US-20170085649-A1 Method and system for remote management of access to appliances Active 17-Sep-2015 H04L67/125 0
To view PayJoy’s complete patent history, request access »

PayJoy Executive Team (25)

Name Title Board Seat Contact Info
Douglas Ricket Co-Founder, Chief Executive Officer & Board Member
Deepak Murthy President
Bradley Pennington President of Financial Products
Vasilios Yialamas Chief Financial Officer & Board Member
Gib Lopez Co-Founder & Chief Operating Officer
You’re viewing 5 of 25 executive team members. Get the full list »

PayJoy Board Members (11)

Name Representing Role Since
Alejandra Martinez Self Board Member 000 0000
Arjan Schütte Core Innovation Capital Board Member, Board Observer & Advisor 000 0000
Douglas Ricket PayJoy Co-Founder, Chief Executive Officer & Board Member 000 0000
John Buttrick JD Union Square Ventures Board Member 000 0000
Josh McFarland Greylock Board Member 000 0000
You’re viewing 5 of 11 board members. Get the full list »

PayJoy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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PayJoy Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Citi Ventures Corporate Venture Capital Minority 000 0000 000000 0
Claridge Venture Partners Family Office Minority 000 0000 000000 0
Long Journey Ventures Venture Capital Minority 000 0000 000000 0
SuRo Capital BDC Business Development Company Minority 000 0000 000000 0
The Invus Group PE/Buyout Minority 000 0000 000000 0
You’re viewing 5 of 50 investors. Get the full list »

PayJoy FAQs

  • When was PayJoy founded?

    PayJoy was founded in 2015.

  • Who is the founder of PayJoy?

    Douglas Ricket, Gib Lopez, Tom Ricket, and Mark Heynen are the founders of PayJoy.

  • Who is the CEO of PayJoy?

    Douglas Ricket is the CEO of PayJoy.

  • Where is PayJoy headquartered?

    PayJoy is headquartered in San Francisco, CA.

  • What is the size of PayJoy?

    PayJoy has 1,400 total employees.

  • What industry is PayJoy in?

    PayJoy’s primary industry is Consumer Finance.

  • Is PayJoy a private or public company?

    PayJoy is a Private company.

  • What is the current valuation of PayJoy?

    The current valuation of PayJoy is 00000.

  • What is PayJoy’s current revenue?

    The current revenue for PayJoy is 00000.

  • How much funding has PayJoy raised over time?

    PayJoy has raised $433M.

  • Who are PayJoy’s investors?

    Citi Ventures, Claridge Venture Partners, Long Journey Ventures, SuRo Capital BDC, and The Invus Group are 5 of 50 investors who have invested in PayJoy.

  • Who are PayJoy’s competitors?

    CAN Capital, Earnest Operations, Uncapped, Financeit Canada, and Merchant Growth are some of the 18 competitors of PayJoy.

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