# About PayJoy ## **PayJoy has footprints in emerging markets across the globe** ## 20M+ Customers across 3 continents .webp) **Doug Ricket, CEO** "We meet our customers where they are, not where banks expect them to be." ## 20M+ Customers across 3 continents **Mboule Badji, Customer** "I was spending a lot of time looking for a new phone because it was an opportunity to stay in touch with my family, who lives in another country. When I found out about PayJoy, I was so happy because I could buy a great smartphone immediately without paying the full price of it." ## Astheglobalmiddleclassgoesmobile,wesawanopportunitytorewritetherulesoffinanceforanewgeneration.Weserveourcustomersevenwithoutbankstatementsorcredithistory. ## **Our Impact** As a Public Benefit Corporation dedicated to ethical lending, PayJoy ensures a positive impact on our customer’s financial well being. ### 79% **Customers strongly agree PayJoy improved their financial well-being.** ### **50%** **Customers are new to credit** ### **47%** **Customers are women** ### **31%** **First-time smartphone users** ##### **Financial Access in 9 Countries** .png) ## **Leadership & Board** ### **The Minds Behind the System.** ### Doug Ricket CEO Doug Ricket founded PayJoy in 2015 to make technology and financial services affordable in emerging markets. Doug was inspired by his time as a Peace Corps volunteer teacher in West Africa, his work building the first global digital map at Google Maps, and his patented inventions that launched the pay-as-you-go solar industry. Doug holds a bachelor’s and master’s degree in computer engineering from MIT with concentration in AI. He also holds an MBA from Stanford, where he guest lectures in the big data and machine learning course. ### Nick Zakrasek President, Product Development Nick Zakrasek is PayJoy’s President of Product Development, overseeing all product & engineering efforts. Over the last decade, he’s led globally scaled teams building novel technologies and consumer tech products addressing many of the world’s greatest societal needs, including economic opportunity, sustainability, election integrity, health, disaster preparation, and education. He holds an MBA from Stanford and bachelor’s degrees in Mathematics and East Asian Studies from Brown University. ### Amy Pardee General Counsel As PayJoy’s General Counsel, Amy Pardee is responsible for leading the company’s global Legal and Compliance functions. She brings over 15 years of deep legal experience to the team, including serving as General Counsel of Narmi, a digital banking platform. Prior to Narmi, Amy led the international legal team at Square (now Block). She holds B.A.s in Economics and Political Science from Stanford University and a J.D. from Harvard Law School. ### Bill Yialamas Chief Financial Officer Bill is PayJoy's Chief Financial Officer. He is responsible for all of PayJoy's financial teams and functions. Bill brings over 25 years of financial and operating experience to PayJoy. Prior to PayJoy, Bill was Chief Financial Officer and Co-President of Reach Financial, where he started as its first employee and helped to grow the company to over $1 billion in consumer loan originations. Prior to Reach, Bill held senior roles at investment banks where he specialized in coverage of specialty finance companies and banks. Bill obtained his B.A. in Economics from Columbia University. ### Brad Pennington President, Financial Products Brad is PayJoy’s President of Financial Products. He currently runs Risk, Data Science, Fraud and Asset Valuation. Prior to joining PayJoy, Brad held a number of leadership and quantitative roles including CRO and Head of Data at Prosper Marketplace and Global Risk Management consultant at Moody’s Analytics. He has a passion for building teams and products that improve the financial lives of users at massive scale. Brad obtained his B.S. from the Wharton School at the University of Pennsylvania along with degrees in Mathematics and Economics. ### Gib Lopez COO Gib Lopez co-founded PayJoy and serves as COO supporting global operations. Gib began his career in strategy consulting before shifting his focus to underserved communities and global development, working with TechnoServe, the Camber Collective, and Dalberg Global Development Advisors. Over this time, Gib worked with governments, the Bill & Melinda Gates Foundation, and for profit enterprises across the US, Central America, Africa, Europe, and Asia. He holds an MBA from the Stanford Graduate School of Business and bachelor's degrees in Finance and Spanish from the University of Washington. ### Lucia Villar SVP Product Lucia Villar is a seasoned leader in financial services and fintech, with deep expertise in financial inclusion and consumer credit. Prior to joining PayJoy, she served as General Manager of Alternative Lending at JP Morgan Chase. Before her time at Chase, Lucia led investments in education and small-dollar credit at Community Investment Management (CIM) and the personal loans division at Earnest (acq. NAVI). She began her career in microfinance, working with ACCION International and Citi Foundation. Lucia holds a B.A. from Tufts University and an MBA from Columbia Business School. ### Iván Canales Chief Revenue Officer Iván Canales is PayJoy’s Chief Revenue Officer, leading revenue growth, country management, and marketing strategy across PayJoy's global footprint in Latin America, Asia, and Africa. He brings a strong track record of building and scaling financial platforms in high-growth markets. Prior to PayJoy, Iván served as Country Manager of Nubank Mexico, where he launched the company’s first products and scaled the business to more than 12 million customers, establishing it as one of the country’s leading financial institutions. Earlier in his career, he held leadership roles at BlackRock, Amazon Web Services, Credit Suisse, and Merrill Lynch. He holds an MBA from the Stanford Graduate School of Business, and a bachelor’s degree in computer science from Cornell University. ### Bharath Ramarathinam CTO Bharath is PayJoy’s Chief Technology Officer. He is responsible for leading all of PayJoy’s technology, engineering, and product platforms. Bharath brings over 22 years of technical leadership, architecture, and engineering experience to PayJoy. Prior to PayJoy, Bharath was Global Head of Engineering for Square Banking at Block, Inc., where he scaled and managed Square’s banking platform, delivering over $650 million in gross profit. ### Maryann Kongovi SVP, People Maryann Kongovi is PayJoy’s SVP of People. Before joining PayJoy, Maryann spent a decade scaling global teams at venture-backed startups, following a successful tenure building and leading sales teams at Google. Maryann holds an MA from Oxford University, and an MBA from Columbia University. ## Board of Directors Our board brings together the world's leading venture capital firms and independent experts to ensure PayJoy remains a stable, ethical, and high-growth institution. ### Doug Ricket CEO Doug Ricket founded PayJoy in 2015 to make technology and financial services affordable in emerging markets. Doug was inspired by his time as a Peace Corps volunteer teacher in West Africa, his work building the first global digital map at Google Maps, and his patented inventions that launched the pay-as-you-go solar industry. Doug holds a bachelor’s and master’s degree in computer engineering from MIT with concentration in AI. He also holds an MBA from Stanford, where he guest lectures in the big data and machine learning course. ### John Buttrick USV John is a partner at Union Square Ventures, joining the firm in 2010. He began his career in 1985 as a corporate lawyer at Davis Polk & Wardwell in New York and Paris. He currently serves as Board Chair of Environmental Advocates of New York. ### Josh McFarland Greylock Josh McFarland is an experienced product leader and entrepreneur who specializes in designing, building and scaling technology driven businesses. Josh joined Greylock as a partner in 2017. ### Todd Schell Warburg Todd Schell is based in New York, joined Warburg Pincus in 2011 and focuses on Financial Services investments. He holds an M.B.A. from Harvard Business School and a B.A. from Amherst College. ## **Board Advisors** ### Arjan Schütte Core Arjan Schütte is the founder and a managing partner of Core Innovation Capital, a leading venture capital fund investing in financial services companies that empower everyday Americans. ### Nick Talwar Independent Nick has spent much of his career at the intersection of fast-scaling technology platforms and consumer / SME Financial Services, having launched and scaled some transformative customer propositions globally. ### Alejandra Martinez S Independent Alejandra is passionate about developing high performing teams and supporting women in their professional careers. ### Roy Katz Independent Roy Katz serves as an independent director at PayJoy Inc., leveraging his extensive entrepreneurial background and expertise in technology and law. ### We are happy to announce that PayJoy has been 100% carbon neutral since 2022 PayJoy finances the customers your current distribution can't reach. You get the sale. We handle the credit. ## Worldwide Operations PayJoy is a boots-on-the-ground operation. From our headquarters in San Francisco to our regional hubs across Africa, Asia, and Latin America, we are where our customers are. ### India Bengaluru, Karnataka - 560025 ### Indonesia PayJoy, WeWork Revenue Tower, Scbd, Jl. Jend. Sudirman No.52-53, Senayan, Kebayoran Baru, Jakarta, 12190 .webp) ### Philippines PayJoy, WeWork, 36th S & 11th Avenue, BGC, Taguig, Metro Manila 1634. .webp) ### Colombia Calle 90 # 12 - 28, Bogotá .webp) ### Panama Clayton, Ciudad del Saber, calle Winthrop, edificio 240, piso 2 oficina C .webp) ### Peru Av. Manuel Olguín 325, Santiago de Surco, Lima .webp) ### Ecuador Av. Francisco de Orellana N550 Juan Montalvo Oficina 201 – 203, Cumbayá, Pichincha .webp) ### China 44F, Tower A, NEO Building, 6011 Shennan Avenue, Futian District, Shenzhen, 518048 .webp) ### South Africa Corner Winnie Mandela Drive &, Winifred Mandela Precinct, Wedgewood Link Rd, Bryanston, Johannesburg, 2191 .webp) ### Brazil WeWork – Av Paulista – São Paulo, SP. .webp) ### United States PayJoy, Inc.: 660 4th Street, Unit 139 San Francisco, CA 94107 .webp) ### Mexico Alcaldía Cuauhtemoc, Ciudad de México .webp) ## PayJoy in the World ### **Stay Informed 
on Our Journey.** Follow our latest updates, industry recognition, and official announcements as we continue to scale global financial inclusion.