PayJoy has filed a notice of an exempt offering of securities to raise $80,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, PayJoy is raising $80,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Doug Ricket played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About PayJoy
PayJoys mission is to deliver access to credit to the next billion people in emerging markets worldwide. Our unique mobile security technology gives customers the ability to afford their first smartphone on credit, using the phone itself as collateral, and then provides further access to credit to help weather lifes unexpected financial surprises and climb the ladder of economic well-being. Founded in 2015, today PayJoy has reached millions of customers in a dozen countries around the globe, including Mexico, Brazil, Colombia, India, Kenya, and South Africa, and is on a strong growth path with support from major industry partners to bring credit to the next billion emerging consumers.
To learn more about PayJoy, visit http://www.payjoy.com/
Contact:
Doug Ricket, Chief Executive Officer
408-455-6781
https://www.linkedin.com/in/dougricket/
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