Your launchpad to future-ready financial growth
We aim to enable Filipino businesses to thrive in the digital economy by providing secure, user-friendly, and accessible payment solutions. Whether you're a startup or an established brand, we're here to power your financial growth.
Founded in 2019, PayMongo helps thousands of Filipino businesses thrive and conquer the digital economy.
From our early days as a fintech startup, we've grown rapidly, supported by major investors like Y Combinator and Stripe. In just a few years, we've raised substantial funding to fuel our growth and product innovation. Today, over 12,000 merchants rely on PayMongo for fast and reliable payment processing, making it easier than ever for Filipino businesses to operate and grow online.
As we look to the future, PayMongo is evolving beyond payments, aiming to become a comprehensive digital financial services provider. With expanded offerings that include disbursements, lending, and subscription payment solutions, we're committed to driving economic growth and digital inclusion in the Philippines.
$12 million
Series A funding raised in 2020
$31 million
Series B funding raised in 2022
12,000
Companies using PayMongo
Featured In
Our Investors
Our Greatest Milestones
Founded
PayMongo was launched with a mission to simplify online payments for Filipino businesses. It quickly gained traction as a trusted payment gateway in the Philippines.
Seed Funding
Raised $2.7 million in one of the largest seed rounds in Philippine fintech history, enabling rapid development and onboarding of merchants.
Series A Funding
Secured $12 million in Series A funding, led by Stripe, supporting expansion and strengthening product offerings for a broader market.
Series B Funding
Closed a $31 million Series B round, led by JAM Fund and other investors, allowing PayMongo to enhance its platform and explore regional growth opportunities.
12,000+ Merchants
Reached a milestone of over 12,000 Filipino businesses using PayMongo to manage their online payments, reinforcing our role as a leading payments processor.
Leadership Transition
Appointed Jojo Malolos as the new CEO, marking a new chapter of growth and innovation for PayMongo.
Expansion into Digital Financial Services
Shifted focus from a payments gateway to a comprehensive digital financial services provider, expanding offerings to include disbursements, capital lending, and subscription payment solutions.
