PayJoy Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 1,294

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $360M

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

PayJoy Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
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
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%
To view PayJoy’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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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
1,294 As of 2025

Kennesaw, GA
 

San Francisco, CA
 
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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
You’re viewing 5 of 22 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
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
To view PayJoy’s complete patent history, request access »

PayJoy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 51 investors. Get the full list »

PayJoy FAQs

  • 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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