PayJoy works in emerging markets across the globe

Doug Ricket founded PayJoy in 2015 to make technology and financial services affordable to the half of the world living in emerging markets. Doug was inspired by his time as a Peace Corps volunteer in West Africa, his work on several foundational patents launching the pay-as-you-go solar industry, and his work at Google Maps creating the world’s first complete digital map. Doug holds a bachelor’s and master’s degree in computer engineering from MIT and an MBA from Stanford.

Gib Lopez supports operations and sales for PayJoy. Gib began his career in strategy consulting for the private sector before shifting his focus to underserved communities to work in global development and global health with TechnoServe, the Camber Collective, and Dalberg Global Development Advisors. Over this time, Gib worked with developing and developed country governments, the Bill & Melinda Gates Foundation, and for profit enterprises across the US, Central America, Africa, Europe, and Asia . Along the way, Gib obtained his MBA at Stanford’s Graduate School of Business where he focused on social enterprises and developing economies.

On a mission to deliver access to credit to the next billion people. Deepak Murthy is PayJoy’s global President, working with founders, Mark and Gib, to lead all our external business development, sales, operations, and scaling. Deepak ran international expansion for Box and also built the largest business unit that focused on their partnership with IBM. Prior to Box, he was a Principal at BCG, where he spent several years serving large technology clients across the US, India, and Indonesia. Deepak holds an MBA from Northwestern University - Kellogg School of Management and an MS, Computer Engineering from the University of Kansas.

Irene is PayJoy’s Chief People Officer, accountable for the development and delivery of strategic people capabilities globally. She leads all Total Rewards, Talent Acquisition, Development, Learning, DEI, and Business Partner activities in each of PayJoy’s markets. Prior to joining PayJoy, Irene served as Chief People Officer for DailyPay, the originator of On Demand Pay and built their People team globally. She has extensive Business Partner, Merger and Acquisition, and Talent experience for a number of world class companies including MasterCard, General Electric, Citi, and American Express. Irene holds a Master’s Degree in Organizational Psychology from Columbia and a Bachelor’s Degree in Industrial and Labor Relations from Cornell.

Linda Schomaker is PayJoy's Vice President of People. She is responsible for global human resources, talent acquisition, culture building, payroll, and facilities. Linda brings extensive leadership experience in multiple industries including startups (SigFig and Gracenote) and large organizations (PG&E and Masons of CA). While at Gracenote she oversaw all aspects of HR for 2000 employees in 21 global offices during a time of significant growth, acquisition, and integration of multiple metadata companies. Linda has a BA in English from the University of California, Berkeley and a Masters in Organizational Psychology from San Francisco State University.

Tom Jahnes is VP of Business Development, principally focused on expanding the number of OEMs supported by PayJoy as well as developing global strategic accounts. Previously he worked in Financial Services at Brightstar, a Softbank Company, as a private consultant in the remittance and bank software industries, with Western Union managing the Central American region and with GlaxoSmithKline in strategic marketing for consumer packaged goods. He holds an MBA from Thunderbird, the American School of International Management and a BA from the University of Florida.

Betsy Dobbin is PayJoy's Chief Marketing Officer overseeing marketing functions globally. She is responsible for brand, customer and merchant acquisition via paid marketing, regional and global events, product marketing and PR/Comms. Betsy has over 20 years of marketing leadership experience across multiple industries spanning startups (One Kings Lane, Eventbrite) and established organizations (eBay, Stitch Fix) and has a depth of experience in both performance marketing and brand building disciplines. Betsy holds a BA in History from Dartmouth College and an MBA from the Tuck School of Business of Dartmouth.

Brad Pennington is PayJoy’s President of Financial Services. He is responsible for PayJoy’s Risk and Data functions. Prior to joining PayJoy Brad was Prosper’s CRO and built the Risk and Data Science organization as the company scaled from $20MM to $220MM in annual revenue. Prior to moving to San Francisco Brad was a Risk Management consultant at Moody’s Analytics in New York where he led a team that built quantitative models for governmental organizations and large commercial banks across the globe. Brad obtained his B.S. from the Wharton School at the University of Pennsylvania where he also obtained minors in Mathematics, Operations Research, Statistics, and Finance.

Nick Zakrasek is PayJoy’s President of Product Development, overseeing all product & engineering efforts. Over the last decade, he’s led globally scaled teams building novel technologies and consumer tech products addressing many of the world’s greatest societal needs, including economic opportunity, sustainability, election integrity, health, disaster preparation, and education. He holds an MBA from Stanford and bachelor’s degrees in Mathematics and East Asian Studies from Brown University.

Jaideep Mirchandani is the SVP Product, PayJoy Lock at PayJoy. He is responsible for PayJoy’s product management. Jaideep’s background includes Engineering leadership at startups, Product roles at Google and Samsung, and startup consulting in India and California. He’s led teams in the US, South Korea, India and Russia. His work at Google helped Google cross $1B in revenues from the Enterprise business. His leadership on Samsung Knox enabled it to lead the Mobile Security Platform market (ahead of iOS and core Android), and gave core differentiation to the B2B business which exceeded $10B in revenues. Jaideep holds an MBA from Duke University and an MS, Computer Science from UNC-Chapel Hill.

Miguel DeAvila is the VP of Engineering at PayJoy and is responsible for engineering operations. During the past years, Miguel has built large-scale DTC media and sports products and has led engineering teams for Bleacher Report, Flixster, and RottenTomatoes. Miguel has held engineering positions in a variety of industries (consumer e-commerce to healthcare and finance), and  holds a B.S. in Computer Science from Haverford College.

Denisse is PayJoy’s General Counsel & Chief Compliance Officer, primarily focusing on built and expand the global legal and compliance organization. Denisse brings over 20 years of international corporate legal experience offering trusted legal and strategic advice on commercial and compliance aspects in multiple industries. Previously, she worked leading a corporate compliance reform in Peru and with Western Union as Associate General Counsel for the Americas, where she was responsible for the legal and regulatory strategy for 52 countries. Originally from Peru, Denisse is passionate about how PayJoy’s mission of bringing finance to similar markets can positively impact and change lives, one at the time. Denisse holds a LL.M. from the George Washington University and a J.D. from Universidad de Lima. She is fluent in Spanish and English.

Juan leads the finance function for PayJoy Inc. With over 18 years of financial experience, Juan has focused on scaling technology companies, including mobile media platform MobiTV, the fintech arm of Western Union WU Digital and the customer support SaaS company Zendesk. Originally from Peru and having grown up in Africa, Central America and South America, Juan is passionate about the markets where PayJoy operates and he is a true believer in the positive impact that new financial technologies can bring to these markets. Juan has a BA in Economics and Mathematics from Boston University and an MBA from UC Berkeley’s Haas School of Business, and he is fluent in Spanish, French, and English.

Josh McFarland is an experienced product leader and entrepreneur who specializes in designing, building and scaling technology driven businesses. Josh joined Greylock as a partner in 2017.

Previously, Josh was the founder and CEO of TellApart, which was acquired by Twitter for more than $500M in 2015. At Twitter, Josh was VP of Product for all revenue generating lines of business including advertising, data services and customer support applications. Previously in his career, Josh was a lead Product Manager at Google where he cofounded the Adwords API team.

Josh earned his Bachelor’s degree with distinction in Economics at Stanford, where he was a Mayfield Fellow.

Todd Schell is based in New York, joined Warburg Pincus in 2011 and focuses on Financial Services investments. Prior to joining Warburg Pincus, Mr. Schell covered Financial Institutions in the Investment Banking Division at Barclays Capital. He holds an M.B.A. from Harvard Business School and a B.A. from Amherst College.

John is a partner at Union Square Ventures, joining the firm in 2010. He began his career in 1985 as a corporate lawyer at Davis Polk & Wardwell in New York and Paris. He was a partner in the firm’s mergers and acquisitions group from 1994-2000. From 2000-2004, John was a partner at LiveWire, a private equity group that acquired and managed back-office software companies. Between 2004 and 2010, he was involved in a number of start-up ventures in the US and Europe as an investor, director, and consultant. He currently serves as Board Chair of Environmental Advocates of New York. John majored in American Studies at Northwestern University and has a JD degree from Villanova University School of Law. John has lived in New York City for most of his life.

Alejandra is passionate about developing high performing teams and supporting women in their professional careers. She has been an Independent Board Member for leading entities in the Mexican financial sector for more than a decade being Chairwoman of the Board, Chair of various Risk Committees and Cybersecurity Committee and member of the Audit and Compensation Committees. Companies include the retail and commercial Credit Bureaus, electronic switch E-Global, Bancoppel consumer and SME bank, Nafinsa development bank and SICREA autofinance Company as well as Fair,Isaac & Co (FICO). She has recently joined PayJoy´s Board and its Compliance Committee as an Independent Member as well as the Regional Advisory Board for Banorte. She has participated to date in 11 BOD sitting currently at 5.

In 2000 she founded Analyse to serve analytics needs of Banks and non-banks for international and national clients alike. Previously she held various positions in the international, corporate and commercial divisions of the major banks in the country being the CRO for Bancomer´s (now BBVA) retail bank, and Corporate division VP in Banamex´ (now Citibank) and its NY agency.

Alejandra holds an MBA from Stanford University in California and a BS in Industrial Engineering, from Universidad Iberoamericana in Mexico City. She is a member of EY Center for Board Matters, The 30% Club and Women Corporate Directors (WCD) Mexico chapters and MBA Mujeres de México.

Nick has spent much of his career at the intersection of fast-scaling technology platforms and consumer / SME Financial Services, having launched and scaled some transformative customer propositions globally.

Prior to joining Apis, Nick was Global Head of Vehicle Financing at Uber, where he was responsible for the Group’s vehicle leasing, rentals and fleet management division. Prior to that, he served as General Manager of Amazon Lending and also led Visa's credit card business in North America.

Arjan Schütte is the founder and a managing partner of Core Innovation Capital, a leading venture capital fund investing in financial services companies that empower everyday Americans. His investments include Oportun, Ripple, CoverHound, and TIO Networks.