PayJoy
OperatingSmartphone-enabled finance for underserved consumers
- FinTech
- South Africa
- Debt
- Founded 2015
- payjoy.com ↗
- Total raised
- $500M
- disclosed
- Last round
- $140M
- Debt
- Rounds
- 3
- since 2015
About PayJoy
PayJoy is a financial technology company using smartphone-based security technology to expand access to devices and credit. Founded in 2015, the company serves consumers across emerging markets, including a South African smartphone finance operation. Its global headquarters are in San Francisco, while its African catalog location represents its South African operations.
PayJoy funding3 rounds
All 3 rounds →PayJoy has raised $500M across 3 disclosed rounds. The latest is a $140M Debt announced 02 Dec 2025.
- $150MSeries CSeries C, $150M, $150M raised to date
- $140MDebtDebt, $140M, $290M raised to date
SLA Funding Index · grey is capital raised before each round
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 02 Dec 2025 | PayJoy Debt02 Dec 2025 | Not disclosed | $140M |
| 05 Sep 2023 | PayJoy Series C05 Sep 2023 | Not disclosed | $150M |
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PayJoy competitorssame sector · similar funding
- Paymenow GroupStellenbosch, South Africa
- PaymobCairo, Egypt
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Frequently asked about PayJoy
- Where is PayJoy based and when was it founded?
- PayJoy is headquartered in South Africa and was founded in 2015.
- How much funding has PayJoy raised?
- PayJoy has raised $500M across 3 funding rounds. Its latest, a $140M Debt, was announced on 02 Dec 2025.
- What sector is PayJoy in?
- PayJoy operates in FinTech.
