Who are PayMongo's investors?

PayMongo's investors include Y Combinator, ICCP Venture Partners, Ignite House of Innovation, Kaya Founders, Soma Capital, VentureSouq, Bedrock, Bedrock Capital and 6 more.

How much funding has PayMongo raised?

PayMongo has disclosed $45.8M raised across 2 of its 3 known rounds.

Where is PayMongo headquartered?

PayMongo is headquartered in Taguig, PH.

PayMongo

YC S19

Taguig, PH · Founded 2019 · Delaware corporation · 220 employees · 15 known investors

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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

E-commerce Fintech SaaSPhilippinesSoutheast AsiaPartly Remote

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.

Luis Sia Chairman & Co-FounderFounder of PayMongo, a payment processing platform serving Filipino businesses with payment solutions, disbursements, lending, and subscription management tools.

Jaime Hing IIIFounder

Eddie Francis Cesar PlazaCo-founder

Alejandro Luis SiaCo-founder

Jojo Malolos Chief Executive OfficerHe previously founded and led GoTyme Bank, a digital bank licensed by the Philippine central bank, and held executive roles at mobile financial services companies including WING in Cambodia and Smart Money in the Philippines, along with positions at PricewaterhouseCoopers and IBM.

Edwin LacierdaFounder

Francis PlazaFounder

Board

Lawson EmanuelBoard director

Investors · 15

Y Combinator✓ confirmed by PayMongoSan Francisco · $500K

How we know: the company's own site · the Y Combinator directory · offering press articles · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us

ICCP Venture Partnerslisted by ICCP Venture PartnersMakati City

How we know: ICCP Venture Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Ignite House of Innovationlisted by Ignite House of InnovationManila · $90K – $180K

Kaya Founderslisted by Kaya FoundersMakati · $150K – $500K

How we know: techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: techcrunch.com · somacap.com · Not right? Tell us

VentureSouqlisted by VentureSouqAbu Dhabi · $100K – $10M

How we know: Y Combinator's founder network · venturesouq.com · Not right? Tell us

BedrockreportedLos Angeles · $5M – $30M

How we know: a partner's Signal profile · Not right? Tell us

Bedrock CapitalreportedNew York

How we know: offering press articles · press coverage · Not right? Tell us

Founders FundreportedSan Francisco · $500K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Global Founders CapitalreportedBerlin · $1M

How we know: offering press articles · techcrunch.com · Not right? Tell us

HedosophiareportedLondon

How we know: Y Combinator's founder network · Not right? Tell us

Jam FundreportedLos Angeles · $500K – $20Mvia Justin Mateen · inferred

How we know: techcrunch.com · the VCSheet dataset · Not right? Tell us

Stripereported

How we know: offering press articles · company funding news (hacker news) · techcrunch.com · Not right? Tell us

Thiel CapitalreportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 1

ICCP-SBI Venture Partners

Funding

SEC filings, press & company announcements

$45.8M disclosed across 2 of 3 rounds · 2019–2022

Undisclosed amountseed fundingSep 2019
Source ↗

▶$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

Full filing on SEC EDGAR ↗

▶$14.7MraisedSep 2020 · 23 investors · Other Technology

Rule 506(b)

Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe • TechCrunchtechcrunch.com · Sep 2020

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

Full filing on SEC EDGAR ↗

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.

Ray AlimurungBoard MemberFounded aCommerce Nalu ConcepcionData Science InternFounded idler

Related companies · 10

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FinchFinch provides an API platform for applications to securely access employer and employee data with explicit consent, serving businesses that need workforce data integration. The company prioritizes enterprise-grade security, encryption, and compliance standards.

WiseWise 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.

SlopeSlope provides a B2B payments platform that enables businesses to accept payments and offer financing, with a focus on digitizing the order-to-cash process for online commerce. The company uses generative AI to modernize traditionally manual B2B payment workflows.

HitPayHitPay 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.

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inaiInai 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.

EmburseEmburse is a travel and expense management platform that helps organizations automate T&E processes, improve compliance, and gain spending visibility. The company serves enterprise teams managing corporate travel and expense administration.

AdyenAdyen 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.

SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.

Companies working in the same space as PayMongo.

In the news

PayMongo lands funding in Philippine take-overfintech.global · Feb 2022

Philippines payment gateway PayMongo gets $31M Series B, will explore regional expansion • TechCrunchtechcrunch.com · Feb 2022

Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe • TechCrunchtechcrunch.com · Sep 2020

Manila-based payments processing startup PayMongo raises $2.7 million in seed funding • TechCrunchtechcrunch.com · Sep 2019

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, Soma Capital, VentureSouq, Bedrock, Bedrock Capital and 6 more.
How much funding has PayMongo raised?: PayMongo has disclosed $45.8M raised across 2 of its 3 known rounds.
Where is PayMongo headquartered?: PayMongo is headquartered in Taguig, PH.