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 Founders

Doug Ricket

CEO

Gib Lopez

COO

Mark Heynen

CBO

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.

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.

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.