About Us

We believe in making smartphone technology and financial services available to the billions of people in emerging markets who are under-served today.

PayJoy was founded in 2015 with the mission of delivering access to consumer finance and smartphone technology to people in emerging markets worldwide.

We have raised over $30M from top venture capital firms including Union Square Ventures, and are now serving customers in the US, Mexico, Indonesia, India, and Africa.

What We Do & Why It Matters

Our Leadership

Gib Lopez

COO

Doug Ricket

CEO

Mark Heynen

CBO

Linda Chew

Head of Finance

Jaideep Mirchandani

Head of Product Development

Brad Pennington

CRO

Mauricio Cordero

General Manager, Latin America

Manish Arora

General Manager, South Asia

Chris Chandler

General Manager, Southeast Asia

Dominique Friedl

General Manager, Africa

John Buttrick

Board Member, Union Square Ventures

Arjan Schütte

Board Observer

Nick Talwar

Board Observer

Gib Lopez

COO

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.

Doug Ricket

CEO

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.

Mark Heynen

CBO

Mark Heynen serves as PayJoy’s Chief Business Officer. Prior to PayJoy, Mark had an extensive career starting companies in the US and abroad, and striking complex deals in the mobile ecosystem. In 1999, Mark joined the founding team of LibertySurf, France’s first free ISP, and launched operations in the UK and Germany. Shortly thereafter in 2000, Mark co-founded retail analytics company Electrobug Technologies in London, which he eventually sold in 2006. He moved back to the US that year to join Google’s early BD team, where he worked on mapping the developing world and launching Android. He was recruited to Facebook in 2010 to launch the company’s emerging market mobile strategy, including a number of complex carrier deals and the largest acquisition Facebook made at the time (Snaptu). Since leaving in 2012, Mark founded Photo Lab (sold to Dropbox) and led business development and operations for commercial drone startup Skycatch.

Linda Chew

Head of Finance

Linda joined PayJoy in 2017 as Head of Finance, and leads the company's financial planning & analysis, accounting, and debt fundraising efforts. Previously, she was an M&A investment banker at BofA Merrill Lynch in Palo Alto, where she advised clients in the software and semiconductor space on acquisitions, sales, and divestitures. During this time, Linda worked on or assisted with dozens of deals totaling $50B in transaction value. Earlier in her career, she spent time within the Corporate Finance, M&A Transaction Services, and Audit practices at Deloitte Canada, where she assisted clients with cross-border transactions, financial and commercial due diligence, as well as financial audits. Originally from Vancouver, Canada, Linda received her Bachelor of Commerce from Queen's University and her MBA from Columbia Business School. She is a Canadian CPA and a CFA charterholder.

Jaideep Mirchandani

Head of Product Development

Jaideep Mirchandani is the Head of Product Development at PayJoy. He is responsible for PayJoy’s Product Management and Engineering functions. 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.

Brad Pennington

CRO

Brad Pennington is PayJoy’s Chief Risk Officer (CRO). 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.

Mauricio Cordero

General Manager, Latin America

Mauricio is the General Manager of Latin America, where he established the Mexico office and has expanded PayJoy’s presence in 4 other Latin American markets. Prior to PayJoy Mauricio worked in finance, working at HSBC and PIMCO. Mauricio holds a Bachelors in Business Administration from BU and an MBA and a Masters in International/Global Studies from UPenn Wharton.

Manish Arora

General Manager, South Asia

Manish joined PayJoy in 2018 as General Manager, South Asia.

Prior to PayJoy, Manish worked as COO of a VC backed start-up where he helped fintech businesses in India devise and execute their risk and fraud mitigation measures. He has also been an advisor to a number of businesses, large and small, on improving business performance and maximizing return on tangible and intangible assets across the organization.

Manish holds a bachelor's degree in computer science from PEC (India) and an MBA from INSEAD (France). He has lived and worked in Asia, Europe, Middle East, and UK.

Chris Chandler

General Manager, Southeast Asia

Chris joined PayJoy in 2018 as the General Manager for Southeast Asia. Prior to PayJoy, Chris has held a series of senior roles at leading online brands including Yahoo!, Microsoft, and most recently TripAdvisor where he led a global sales and supply marketing team for the company's Rentals Experiences business unit. Chris holds a bachelors of business administration from Georgia State University.

Dominique Friedl

General Manager, Africa

Dominique is the General Manager of Africa, where he established the South Africa office and has expanded PayJoy’s presence in 4 other African markets. Prior to PayJoy Dominique worked in mobile technologies, working at Sierra Wireless, Qualcomm and Mediatek. Dominique holds a Masters in Business Administration in finance from Durham University Business School in the UK.

John Buttrick

Board Member, Union Square Ventures

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 most of his life.

Arjan Schütte

Board Observer

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.

Nick Talwar

Board Observer

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.