PayJoy Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
360

- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$140M
- Investors
-
46
PayJoy General Information
Description
Provider of consumer financing services intended to help buy a smartphone on credit and pay it back in several installments. 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 get affordable smartphone financing.
Contact Information
Website
www.payjoy.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Primary Office
- 655 4th Street
- San Francisco, CA 94107
- United States
+1 (888) 000-0000
PayJoy Timeline
PayJoy Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
15. Later Stage VC (Series C) | 01-Aug-2022 | $140M | 00000 | 00000 | Completed | Generating Revenue |
14. Debt - PPP | 16-Apr-2020 | 00000 | 000.00 | Completed | Generating Revenue | |
13. Early Stage VC (Series B) | 23-May-2019 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
12. Debt - General | 01-Nov-2018 | 0000 | 000.00 | Completed | Generating Revenue | |
11. Early Stage VC (Series A1) | 25-May-2018 | 000 | 000.00 | Completed | Generating Revenue | |
10. Early Stage VC | 31-Aug-2017 | 000 | 000.00 | Completed | Generating Revenue | |
9. Early Stage VC (Series A1) | 11-Jul-2016 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
8. Debt - General | 000 | 00.00 | Completed | Generating Revenue | ||
7. Early Stage VC | 18-Dec-2015 | $4.3M | $2.3M | Completed | Generating Revenue | |
6. Accelerator/Incubator | 26-Aug-2015 | $2.3M | Completed | Generating Revenue |
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 | 2.59% | |
Series A1 | 8,120,823 | $0.000001 | $1.14 | $1.14 | 1x | $1.14 | 14.1% |
PayJoy Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of consumer financing services intended to help buy a smartphone on credit and pay it back in several installme
Consumer Finance
San Francisco, CA
360
As of 2022
00000
0000
0000-00-00
00000000000
00000
PayJoy Competitors (15)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Lendful | Formerly VC-backed | Vancouver, Canada | 0 | 0000 | 000000&0 | 0000 |
000000000 | Formerly PE-Backed | Toronto, Canada | 000 | 00.000 | 000000&0 | 00.000 |
00000 (00000000000 | Venture Capital-Backed | London, United Kingdom | 000 | 00000 | 0000 | 00000 |
0000000 | Formerly VC-backed | Toronto, Canada | 000 | 00000 | 000000&0 | 00000 |
0000000 | Formerly VC-backed | Charlottesville, VA | 00 | 00.000 | 00000000000 | 00.000 |
PayJoy Patents
PayJoy Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11354403-B1 | Method and system for remote management of access to appliances | Active | 17-Dec-2020 | 000000000 | 00 |
US-20220261477-A1 | Method and system for remote management of access to appliances | Pending | 17-Dec-2020 | 000000000 | 0 |
US-20220197996-A1 | Method and system for remote management of access to appliances | Active | 17-Dec-2020 | 000000000 | |
US-20170085649-A1 | Method and system for remote management of access to appliances | Active | 17-Sep-2015 | 0000000000 | |
US-9973579-B2 | Method and system for remote management of access to appliances | Active | 17-Sep-2015 | H04L67/125 |
PayJoy Executive Team (20)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Douglas Ricket | Co-Founder, Chief Executive Officer & Board Member | ||
Deepak Murthy | President | ||
Bradley Pennington | President of Financial Products | ||
Bill Yialamas | Chief Financial Officer | ||
Gib Lopez | Co-Founder & Chief Operating Officer |
PayJoy Board Members (8)
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 Partners | Board Member | 000 0000 |
PayJoy Signals
PayJoy Investors (46)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Citi Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
SuRo Capital BDC | Venture Capital | Minority | 000 0000 | 000000 0 | |
500 Global | Venture Capital | Minority | 000 0000 | 000000 0 | |
EchoVC Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Greylock Partners | Venture Capital | Minority | 000 0000 | 000000 0 |