Notes on onboarding the next billion

At PayJoy, we are proud to announce that we have made a significant effort to offset our carbon footprint from 2022 by investing in a wind energy project in South Africa, one of the countries where we operate, through our ongoing partnership with ClimatePartner.  As a socially responsible company, PayJoy…

India’s feature phone shipments grew faster than smartphone shipments for the very first-time in 2018 thanks in part to an innovative finance program According to the latest research from Counterpoint’s Market Monitor service, in 2018, India’s overall mobile phone shipments grew 11% and smartphone shipments grew 10% with feature phones…

A Net Promoter Score (NPS) helps companies measure customer satisfaction. The proponents of NPS argue that NPS is directly related to revenue growth and profitability. Considering that keeping existing customers is 25 times cheaper than getting new ones, maintaining an above industry average NPS is indispensable to sustained growth. PayJoy…

By Jaideep Mirchandani and Dominique Friedl In previous PayJoy blog posts, we highlighted the problem in lending to the underbanked and underserved and how PayJoy technologies are now helping to solve this problem. In this post, we’ll talk about how Lock and Access come together to serve these underbanked and…

Can the mobile industry and ecosystem players learn from an industry that has proved its solid technology foundations, high demand and low-income customers’ ability to pay for credit? Energy poverty is a development challenge that traditional, centralized approaches have been slow to overcome. Globally, 1.1 billion people remain without access…

Today we announced that Greylock Partners led a $20M Series B investment round in PayJoy, with participation from our seed investor Core Innovation Capital and our Series A lead Union Square Ventures.  As part of this investment, Josh McFarland will be joining our board.  This brings our total financing in…