About PayMongo
PayMongo is a company based in Manila (Philippines) founded in 2019 by Jaime Hing III, Francis Plaza, Luis Sia, and Edwin Lacierda. PayMongo has raised $45.85 million across 4 funding rounds from investors including Stripe, JAM Fund and ICCP SBI Venture Partners. PayMongo offers products and services including Payment Links, Pages, API, QR Ph Standee, and Wallet. PayMongo operates in a competitive market with competitors including Cuanto, ExplaraBiz and TraxionPay, among others.
- Headquarter Manila, Philippines
- Founders Jaime Hing III, Francis Plaza, Luis Sia, Edwin Lacierda
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Paymongo Philippines, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$45.85 M (USD)
in 4 rounds
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Latest Funding Round
$31 M (USD), Series B
Feb 21, 2022
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Investors
Stripe
& 10 more
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Employee Count
Not available
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Products & Services of PayMongo
PayMongo offers a comprehensive portfolio of products and services, including Payment Links, Pages, API, QR Ph Standee, and Wallet.
Enables easy money collection via shareable links for transactions.
Facilitates reusable payment pages without coding for businesses.
Allows seamless addition of payment methods to websites or apps.
Supports quick cashless transactions in physical retail environments.
Manages digital payments and funds for users and businesses.
People of PayMongo
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Funding Insights of PayMongo
PayMongo has successfully raised a total of $45.85M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in PayMongo
PayMongo has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, JAM Fund and ICCP SBI Venture Partners.
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Venture capital fund investing in multiple sectors
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Tech companies are funded by corporate-backed venture capital firm.
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Venture capital firm focused on early-stage startups
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Investor details for PayMongo
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by PayMongo
Investment portfolio details for PayMongo
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- Transaction dates
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Financial Statements - PayMongo
Detailed financials for PayMongo
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- Profit trends
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Paymongo Comparisons
Peer comparison for PayMongo
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- Named peers
- Headcount comparison
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Competitors of PayMongo
PayMongo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuanto, ExplaraBiz and TraxionPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile commerce solutions are provided for e-commerce businesses.
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Provides payment gateway software solutions for secure transactions.
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Provides digital payment tools, e-wallets, and banking services for businesses in the Philippines.
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Detailed competitors of PayMongo
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Latest news on Paymongo
Complete news archive for PayMongo
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- Brand-specific news history
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Frequently Asked Questions about PayMongo
PayMongo was founded in 2019.
PayMongo is headquartered in Manila, Philippines.
PayMongo is a funded company, having raised a total of $45.85M across 4 funding rounds to date.
Founded in 2019 and based in Manila, Philippines, PayMongo operates in the fintech sector by providing payment acceptance tools. Businesses are enabled to process transactions via credit cards, e-wallets, bank deposits, and cash. Payment links are generated for distribution through chat, private messages, and SMS. A dashboard is available for monitoring payments, while fraud detection systems are employed to identify and prevent unauthorized activities.
PayMongo's top competitors include Cuanto, ExplaraBiz and TraxionPay.
PayMongo offers Payment Links, Pages, API, QR Ph Standee, and Wallet.
PayMongo has 11 investors. Key investors include Stripe, JAM Fund, ICCP SBI Venture Partners, Global Founders Capital, and Soma Capital.