PayJoy Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
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1,294
- Latest Deal Type
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Series C
- Latest Deal Amount
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$360M
- Investors
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51
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.comCorporate Office
- 655 4th Street
- San Francisco, CA 94107
- United States
Corporate Office
- 655 4th Street
- San Francisco, CA 94107
- United States
PayJoy Timeline
PayJoy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC (Series C) | 10-Apr-2024 | $360M | Completed | Generating Revenue | ||
| 14. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 13. Debt - General | 01-Sep-2021 | Completed | Generating Revenue | |||
| 12. Debt - PPP | 16-Apr-2020 | Completed | Generating Revenue | |||
| 11. Early Stage VC (Series B) | 23-May-2019 | Completed | Generating Revenue | |||
| 10. Debt - General | 01-Nov-2018 | Completed | Generating Revenue | |||
| 9. Early Stage VC (Series B) | 25-May-2018 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series B) | 31-Aug-2017 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 11-Jul-2016 | $18.5M | $19.5M | Completed | Generating Revenue | |
| 6. Debt - General | 18-Dec-2015 | $1M | $1M | 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 | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A3 | ||||||||
| 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% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
PayJoy Comparisons
Industry
Financing
Details
PayJoy Competitors (22)
One of PayJoy’s 22 competitors is LendingPoint, a Private Equity-Backed company based in Kennesaw, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LendingPoint | Private Equity-Backed | Kennesaw, GA | ||||
| Affirm | Formerly VC-backed | San Francisco, CA | ||||
| Earnest Operations | Formerly VC-backed | San Francisco, CA | ||||
| National Funding | Private Debt Financed | San Diego, CA | ||||
| Uncapped | Venture Capital-Backed | London, United Kingdom |
PayJoy Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
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 | ||
| US-20220261477-A1 | Method and system for remote management of access to appliances | Active | 17-Dec-2020 | ||
| US-11354403-B1 | Method and system for remote management of access to appliances | Active | 17-Dec-2020 | ||
| US-11947661-B2 | Method and system for remote management of access to appliances | Active | 17-Dec-2020 | ||
| US-9973579-B2 | Method and system for remote management of access to appliances | Active | 17-Sep-2015 | H04L67/125 |
PayJoy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
PayJoy Investors (51)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Ascend Vietnam Ventures | VC-Backed Company | Minority | ||
| Citi Ventures | Corporate Venture Capital | Minority | ||
| Claridge Venture Partners | Family Office | Minority | ||
| Long Journey Ventures | Venture Capital | Minority | ||
| SuRo Capital | Lender/Debt Provider | Minority |
PayJoy FAQs
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When was PayJoy founded?
PayJoy was founded in 2015.
-
Where is PayJoy headquartered?
PayJoy is headquartered in San Francisco, CA.
-
What is the size of PayJoy?
PayJoy has 1,294 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 .
-
What is PayJoy’s current revenue?
The current revenue for PayJoy is .
-
How much funding has PayJoy raised over time?
PayJoy has raised $433M.
-
Who are PayJoy’s investors?
Ascend Vietnam Ventures, Citi Ventures, Claridge Venture Partners, Long Journey Ventures, and SuRo Capital are 5 of 51 investors who have invested in PayJoy.
-
Who are PayJoy’s competitors?
LendingPoint, Affirm, Earnest Operations, National Funding, and Uncapped are some of the 22 competitors of PayJoy.
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