PayJoy is a San Francisco–based credit provider that leverages proprietary secured-credit technology to extend financing to underserved consumers in emerging markets. Its platform combines machine learning, data science, and anti-fraud AI to underwrite and manage point-of-sale loans and revolving credit lines, enabling first-time borrowers to build formal credit histories. To date, the company has originated more than $3.5 billion in loans to over 17 million people and now employs over 1,000 staff worldwide. PayJoy’s core offerings include smartphone-secured installment financing and a growing credit card product tailored for low-and-middle-income customers. The firm plans to deepen its presence across Latin America, Africa, and Asia while expanding into new product categories. Capital from its latest raise will fund geographic rollouts, product development, and further investment in its point-of-sale and credit card platforms.

Total raised

$541M

Funding rounds

9

Latest round

Debt Financing

Latest activity

Dec 2025