SAN FRANCISCO, Oct. 02, 2026 PayJoy, a leading global financial technology company, today announced that it has achieved a $1 billion revenue run rate and $180 million in operating profit, marking significant milestones in the company’s growth and reinforcing its leadership in alternative data credit scoring.

PayJoy’s proprietary alternative data credit scoring platform uses machine learning, mobile device data, behavioral signals, and anti-fraud AI to assess creditworthiness for individuals who may not have access to traditional credit histories. Through this technology, PayJoy expands access to fair, transparent financial services across emerging markets.

The company has served more than 20 million customers across three continents and has originated over $3.5 billion in loans. The achievement of a $1 billion revenue run rate and $180 million in operating profit demonstrates the scalability of alternative data credit scoring and technology-enabled lending models designed for underserved populations.

"Reaching a $1 billion revenue run rate and $180 million in operating profit reflects the strength of our mission and technology," said Doug Ricket, CEO and Co-Founder of PayJoy. "Our alternative data credit scoring platform enables us to responsibly serve millions of customers who have historically had limited access to formal financial services, while building a sustainable and growing business."

PayJoy’s platform combines secured smartphone technology, machine learning, and alternative data credit scoring to provide access to financing and other financial products. In addition to smartphone financing, the company continues to expand its offerings through products such as PayJoy Card, creating pathways to broader participation in the formal financial system.