PayJoy is a financial technology company (Fintech) that provides financing so that people without access to traditional credit and at the base of the pyramid can obtain a smartphone. Their financing solutions and locking system allows customers to purchase the equipment and pay for it on a weekly basis over a period of 3, 6, 9 or 12 months. Payjoy has a highly efficient credit approval system (approvals in less than 5 minutes), which only requires Facebook, official identification and an active cell phone number. They also approve 90% of their clients’ applications and have granted thousands of loans for the unbanked sector in Mexico and the United States.


2018, Argentina, Companies, Fintech, Industry