Notes on financing the next billion
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PayJoy Gets an Astounding 80 NPS in Mexico
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…
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PayJoy Raises $18M to Bring Mobile Finance to the Next Billion
PayJoy is delighted to announce $18M of new funding to help us bring mobile finance to the next billion. The raise includes an $8.5M Series A equity investment led by Union Square Ventures, $4M of venture debt from Western Technology Investment, and $5.7 M of private lending capital. Following $4M raised in 2015, this brings…
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PayJoy closes $6M investment round led by Santander and ITOCHU
San Francisco PayJoy has closed $6M of new investment with strategic partners who will help PayJoy phone financing further expand internationally throughout Latin America, Asia, and Africa. The investment was led by Santander InnoVentures, the fintech venture capital fund of Santander Group, and ITOCHU Corporation, one of the largest Japanese…
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PayJoy Lock lifecycle end to end
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…






