PayJoy's mission is to deliver access to credit to the next billion people in emerging markets worldwide. Our unique mobile locking technology creates collateral that enables customers to afford their first smartphone on credit and then allows them further access to credit to help weather life's unexpected financial surprises and climb the ladder of economic well-being. Our unique smartphone underwriting capabilities allows us to understand who is best able to repay a loan among the underbanked. We operate our own lending business in Mexico and license our Lock and Score worldwide.
Founded in 2015, today PayJoy has reached customers in a dozen countries around the globe, from Mexico to Indonesia, India, Kenya, and Nigeria, and is on a strong growth path with support from major clients to bring credit to millions in 2019.