About PayJoy

PayJoy's mission is to enable over one billion of people worldwide to afford a middle class lifestyle by applying the latest mobile technology to facilitate consumer finance.

PayJoy was founded in 2015 in Silicon Valley at Stanford University's StartX Accelerator and was subsequently selected for the Draper University / Hero City FinTech Conection Forum and Village Capital's 2015 FinTech program.

We launched our first public beta test in May 2015 in Redwood City, California.

Founding Team

Doug Ricket
Doug first developed pay-as-you-go technology in 2009 while working on solar systems for emerging markets. Revisiting pay-as-you-go in 2014 with the wide availability of smartphones led him to found PayJoy.

As an engineer and manager at Google Maps, Doug led a team mapping emerging markets worldwide. Doug has founded and managed startup companies operating in the US, Africa, Asia, and China. Doug served in the Peace Corps in West Africa, received an M.Eng. in EECS from MIT, and an MBA from Stanford. He is the author of 5 patents.
Gib Lopez
Gib is an experienced strategist and has worked in Latin America, Africa, and Asia focusing on international development issues including financial inclusion, consumer products, agriculture, health. He has worked with Deloitte Consulting, TechnoServe, SwitchPoint Consulting, Dalberg Global Development Advisors, and clients including the Bill & Melinda Gates Foundation and PayPal.

Gib studied Finance and Spanish at the University of Washington and received an MBA from the Stanford Graduate School of Business.
Tom Ricket
Tom has run several mobile and game development studios for iOS and Android devices, including Castaway Entertainment and Inert Soap, which have released popular high-grossing games in the app store. Tom was a developer at the major studio Blizzard Entertainment, which produced titles including Warcraft and Diablo.

Tom helps produce the annual live action "Otherworld" event. He studied Computer Science at the University of California, San Diego.