PayJoy | Latest News & Updates - Dec 10, 2024 Release

PayJoy has served over 13 million customers, with 79% reporting improved financial well-being and 50% being new to credit...


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PayJoy

🌎 payjoy.com

PayJoy is a mission-first financial service provider based in San Francisco, California, dedicated to helping under-served customers in emerging markets achieve financial stability. The company offers unique financing solutions that allow individuals to purchase smartphones on credit without needing a credit card or bank account. Utilizing patented technology that turns smartphones into digital collateral, PayJoy employs advanced machine learning and anti-fraud AI to provide low-cost loans and qualify a wide range of customers. As of 2024, PayJoy has provided billions in credit to 12 million customers, focusing on sustainable and profitable growth.


PayJoy - Latest News and Updates

  • PayJoy has served over 13 million customers, with 79% reporting improved financial well-being and 50% being new to credit.
  • PayJoy is currently hiring for the position of Senior Director Revenue Accounting in the United States.
  • PayJoy is preparing to release a report titled 'Unlocking Economic Mobility: Smartphone Finance and the Rise of Mexico’s Working Mother Micro-Entrepreneurs,' which examines how smartphone financing helps working mothers in Mexico balance work and caregiving.
  • PayJoy has been named to Inc.'s 2024 Best in Business list in the Financial Services category.
  • PayJoy reported that despite a 12.6% increase in consumer credit last year, less than half of adults in Mexico have access to financing.
  • PayJoy supported Erik Camilo Muñoz in achieving a C1 English certification, highlighting the company's investment in employee development.

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