PayJoy

Linda is a mother and micro-entrepreneur from Colombia who started a clothing workshop to support her children and parents. She relies heavily on her cell phone to communicate with her clients. With PayJoy, Linda had the opportunity to purchase a cell phone on credit, gaining her first-time access to the modern financial system. As a PayJoy customer, Linda also leveraged the credit history she built with us to purchase supplies and a sewing machine on credit, giving her the financial tools needed to grow her business. “I’m grateful for PayJoy, honestly, for allowing me to get my cell phone, to have credit, and to help this dream come true.” Thank you for sharing your story with us, Linda! Creemos en ti. We believe in you. #womenempowerment #financialinclusion #payjoycustomer https://lnkd.in/gzFeCGRV

In Mexico, working mothers face a challenging economic environment with a 32% gender gap in labor participation, well above the OECD average of 13.5%. They also shoulder 40 hours per week of unpaid caregiving and household duties—more than twice the time spent by men. Many of these women turn to informal work for the flexibility to manage their domestic responsibilities while contributing to household income. How does smartphone financing empower them to balance these roles and access new economic opportunities? Drawing on insights from over a thousand working mothers using PayJoy-financed phones, the upcoming report Unlocking Economic Mobility: Smartphone Finance and the Rise of Mexico’s Working Mother Micro-Entrepreneurs explores how smartphones influence their work, family life, and financial stability. The report dives into questions including.? ?? How does informal work reshape economic opportunities for Mexico’s working mothers? ?? How is smartphone finance a critical tool for micro-entrepreneurs balancing work and caregiving? ?? What impact does financial inclusion have on empowering women at the lowest economic strata? Follow us to get notified when the report is published.

Congratulations Rene Payan on the successful launch of the Philippines, our 8th PayJoy country! #responsiblelending #womenempowerment #techforgood

Women in the markets PayJoy operates in are worse off when it comes to finances: 63% women vs. 51% men experienced severe hardship post covid according to the The World Bank. A smartphone can be the key to a better life! Learn more how PayJoy is bridging the financial inclusion gap by checking out the interview Priscila Barrantes, our Country Manager for Mexico has done with Mariana Allende at Mexico Business News.? #ethicallending #womenempowerment #womenintech

Congratulations Priscila Barrantes for being recognized in the Women in Tech LATAM Awards in the Most Disruptive category! Pri, PayJoy is grateful for your leadership and dedication to our cause of bringing credit to underserved people in emerging markets.? You have built PayJoy Mexico into a force for positive change, helping us reach 12 million customers and welcome them into the modern financial system. Congratulations to all the other finalists and those working for financial inclusion globally. #PayJoy #ResponsibleLending #WomenInTech

I'm recruiting a General Counsel for PayJoy! I'm excited to work with a talented legal leader to help PayJoy execute our vision of bringing credit to emerging markets worldwide. Based in SF or Mexico City. Job description here: https://lnkd.in/gvWVDDCG

Congratulations to Priscila Barrantes, who leads PayJoy Mexico, on your feature in Grupo REFORMA, one of the leading national newspapers in Mexico! Joined by Felipe Vallejo Dabdoub, president of FinTech México, Pri and other industry leaders explored the latest innovations in the Fintech world and how PayJoy is expanding financial access for underserved people. Thanks REFORMA for the interview and to all the PayJoy employees and partners that work with us to make our mission a reality.

Thank you Kajol Char for a great conversation with our founder Doug Ricket!? We are always eager to share our story as the leading financial platform for the underserved in emerging markets. #PayJoy #PJAF #ResponsibleLending #FinancialInclusion #TechForGood #WhartonFintech

We have yet another exciting awards announcement to share! PayJoy was selected as a finalist for the M360 LATAM Award - recognizing the critical role that organizations play in promoting “connectivity for good”. As a Public Benefit Corporation dedicated to responsible lending, we are committed to the best-in-class treatment of our customers and continue to innovate and grow to best serve their needs. A big thank you to each and every PayJoyers for your hard work! Congratulations to the other nominees for helping drive positive change in the world! #PayJoy #M360 #ResponsibleLending #LATAM

We are pleased to announce that the PayJoy Asset Fund (PJAF) has surpassed $130 million in assets under management, and welcomed our first institutional investors with a $25M investment! PJAF allows qualified investors to invest in PayJoy originated loans. Through this unique channel, investors can earn attractive, uncorrelated returns while helping underserved customers in emerging markets.? Since its inception, PJAF has received strong demand from the investor community, enabling the fund to achieve 300%+ YoY growth in AUM driven by capital inflow. Thank you to all our investors and the PJAF team, Sumeet Wadhera, Bill Yialamas, Camila Perez Aloi, and Brad Pennington, for your continued support and dedication to financing the next billion! #PayJoy #PJAF #ResponsibleLending #FinancialInclusion #TechForGood Read more at https://bit.ly/3VuxNmH