Press
PayJoy Brings Financial Empowerment to Asia, First Expansion into Philippines
Unprecedented Demand Spurs Rapid Growth, Launches with Large Retail Partners Comworks and MX MemoXpress, Jr MX MemoXpress SAN FRANCISCO and MANILA, Philippines, Aug. 30, 2024 /PRNewswire/ -- PayJoy, the top financial service provider to the underserved in emerging markets, announces its expansion into Asia, with its launch in the Philippines.…
PayJoy Asset Fund Surpasses $130 Million in Assets Under Management with First Institutional Investor
Blending Profit with Purpose, The Fund Achieves 300%+ YoY Growth in AUM driven by strong investor demand and capital inflow SAN FRANCISCO, June 18, 2024 /PRNewswire-PRWeb/ -- PayJoy, Inc. (PayJoy), the leading lender to the underserved in emerging markets, today announces a significant milestone: the PayJoy Asset Fund (PJAF) has surpassed $130 million in assets under…
PayJoy Achieves Monumental 400% Year-Over-Year Growth in Brazil
Company Sees Clear Path to Quadruple Brazilian Growth by 2025 with 155 Million Potential Customers SAN FRANCISCO, May 17, 2024 /PRNewswire-PRWeb/ -- PayJoy, the leading lender to the underserved in emerging markets, today announces 400 percent year-over-year growth in 2023 in Brazil. In a country where 155 million people have…
PayJoy Card Named Finalist in Finance Category of Fast Company’s 2024 World Changing Ideas Awards
From a solution to repurpose cold plasma to treat seeds to 3D printed living seawalls, the eighth annual awards honor new and inspiring solutions to the most daunting challenges of today. SAN FRANCISCO, May 14, 2024 /PRNewswire-PRWeb/ -- The winners of Fast Company's 2024 World Changing Ideas Awards were announced…
PayJoy Launches the PayJoy Card, Helping Customers Build Credit and Achieve Economic Freedom
With fixed total amounts and transparent terms, PayJoy Card helps the underbanked avoid debt traps and redefines how fair lending is done SAN FRANCISCO, May 13, 2024 /PRNewswire-PRWeb/ -- PayJoy, the leading lender to the underserved in emerging markets, today announces the launch of the PayJoy Card, offering a new…
How PayJoy built $300M in revenue by letting the underserved use their smartphones as collateral for loans
Lerato Motloung is a mother of two who works in a supermarket in Johannesburg, South Africa. After her phone was stolen, Motloung had to go without a mobile phone for nine months because she could not afford a new one. Then, in February 2024, she saw a sign about PayJoy,…