PayMongo
YC S19Taguig, PH · Founded 2019 · Delaware corporation · 220 employees · 10 known investors
Find your way into PayMongo
918 people in our graph share verified history with the PayMongo team — schools, employers, funds. One of them is your warm intro.
Ken Chenaultunlockedknows Jojo Malolos · together at IBM Business Consulting Services (overlapped)
×2knows the team · via IBM Business Consulting Services
×3knows the team · via Price Waterhouse Management Consultants
×6knows the team · via Y Combinator
PayMongo is a payment processing platform serving Filipino businesses of all sizes, offering payment solutions, disbursements, lending, and subscription management. The company aims to enable digital financial inclusion and growth for merchants operating online in the Philippines.
Also known as Equiac
Founders & leadership· Y Combinator alumni (S19)
PayMongo was founded in 2019 by Luis Sia, Jaime Hing III, Eddie Francis Cesar Plaza, and Alejandro Luis Sia.
LS
JH
Jaime Hing IIICo-founder
EF
Eddie Francis Cesar PlazaCo-founder
AL
Alejandro Luis SiaCo-founder
JM
Board
LE
Lawson EmanuelBoard director
Investors · 10
Y Combinator✓ verifiedSan Francisco · $500K
ICCP Venture PartnersMakati City
Ignite House of InnovationManila · $90K – $180K
Kaya FoundersMakati · $150K – $500K
Bedrock Capitalreported · 2 sourcesNew York
Global Founders Capitalreported · 2 sourcesBerlin · $637K – $32M
Jam Fundreported · 2 sourcesLos Angeles · $500K – $20Mvia Justin Mateen · inferred
Soma CapitalreportedSacramento · $100K – $300K
Stripereported · 3 sources
Also in the syndicate · 1
ICCP-SBI Venture Partners
Reported raises · per SEC filings
Form D private placements$45.8M disclosed across 2 rounds · 2020–2022
▶$31MraisedMar 2022 · 7 investors · Other TechnologyRule 506(b)
▶$31MraisedMar 2022 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jaime Hing IIIDirector
- Eddie Francis Cesar PlazaExecutive Officer, Director
- Alejandro Luis SiaDirector
- Lawson EmanuelDirector
- Offering amount
- $31M
- Amount sold
- $31M
- Minimum investment
- $50K
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$14.7MraisedSep 2020 · 23 investors · Other TechnologyRule 506(b)
▶$14.7MraisedSep 2020 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
- Edwin LacierdaExecutive Officer, Director
- Eddie Francis Cesar PlazaExecutive Officer, Director
- Jaime Hing IIIDirector
- Alejandro Luis SiaDirector
- Offering amount
- $14.7M
- Amount sold
- $14.7M
- Proceeds to insiders
- $200K
- First sale
- Sep 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through PayMongo went on to found or lead other companies.
Competitors · 7
by search overlap
Stripe21 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Wise20 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
HitPay15 shared keywordsHitPay is a payment processing platform for Southeast Asian merchants that accepts cards, digital wallets, QR codes, and bank transfers across online and physical channels. It serves e-commerce, retail, hospitality, and service businesses operating in Singapore, Malaysia, Philippines, Indonesia, and other Southeast Asian countries.
inai12 shared keywordsInai provides a payments platform that enables companies to launch, manage, and scale global payment solutions with integrations to diverse payment methods across regions. The platform is designed for e-commerce and digital businesses seeking to expand internationally while reducing engineering overhead.
Adyen12 shared keywordsAdyen is a payments platform that enables enterprises to accept, process, and move money across their business, with capabilities for embedded finance and financial product issuance.
Mochi11 shared keywordsMochi is a bulk billing platform that allows organizations to send invoices to hundreds of clients simultaneously by uploading customer data via spreadsheet, with real-time payment tracking and automated reminders. It serves Philippine enterprises, associations, utilities, and rental businesses managing large-scale billing operations.
APEXX Global11 shared keywordsAPEXX Global operates a payment orchestration platform that connects enterprise merchants to global acquiring services, over 200 local alternative payment method integrations, and fraud and DCC providers with a provider-agnostic approach. It serves large enterprise merchants and processes payments internationally.
Companies competing with PayMongo for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does PayMongo do?
- PayMongo is a payment processing platform serving Filipino businesses of all sizes, offering payment solutions, disbursements, lending, and subscription management. The company aims to enable digital financial inclusion and growth for merchants operating online in the Philippines.
- Who founded PayMongo?
- PayMongo was founded by Luis Sia, Jaime Hing III, Eddie Francis Cesar Plaza, Alejandro Luis Sia in 2019.
- Who are PayMongo's investors?
- PayMongo's investors include Y Combinator, ICCP Venture Partners, Ignite House of Innovation, Kaya Founders, Bedrock Capital, Global Founders Capital, Jam Fund, Soma Capital and 1 more.
- How much funding has PayMongo raised?
- PayMongo has disclosed $45.8M raised across 2 rounds.
- Where is PayMongo headquartered?
- PayMongo is headquartered in Taguig, PH.