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PayMongo logo — Powerful Financial Tools that Fuel Fast-Growing Businesses

PayMongo

Powerful Financial Tools that Fuel Fast-Growing Businesses

Founded 2019 Philippines Philippines 160 employees Series B Total: $45.70M Financial Services, Fintech +1

General Information

Company Name PayMongo
Founded Year 2019
Location Philippines Philippines +1
Founders / Decision Makers
Team member Team member Team member
Employees 160
Industries Financial Services, Fintech, Payments
Funding Stage Series B
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About PayMongo

PayMongo is a fintech company based in the Philippines that provides businesses with the capability to easily accept payments. Their mission is to facilitate trust and efficiency in transactions, seeking to become the unseen force that drives commerce, enabling everyone to participate and thrive in the rapidly evolving digital economy. PayMongo's products and services are tailored to transform how Filipino businesses are established and managed, addressing the unique requirements of their economy and facilitating cashless payments. Their efforts are directed towards assisting forward-thinking companies in scaling faster and more efficiently by streamlining payment processing. Established in 2019, PayMongo secured a $31.00M Series B investment on 20 February 2022, with participation from notable investors including Soma Capital, Y Combinator, Global Founders Capital, ICCP Venture Partners, JAM Fund, Kaya Founders, Stripe, Justin Mateen, Peter Thiel, and Lisa Gokongwei. PayMongo operates as a regulated entity under the supervision of the Bangko Sentral ng Pilipinas, further solidifying its position in the financial services and payments sectors.

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Taxonomy: Payments, Digital economy, Cashless payments, Regulated entity, Bangko Sentral ng Pilipinas, Financial technology, Online payments, Philippines, Business solutions, Regulatory compliance

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 10
Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		20 Feb 2022
Series A •••••• - 28 Sep 2020
Seed Round •••••• - 25 Sep 2019

PayMongo Alternatives & Competitors

PayMongo vs
Bangko Sentral ng Pilipinas
Bangko Sentral ng Pilipinas Philippines

BSP’s official LinkedIn account

3734 employees
Financial Services, Banking
Compare PayMongo vs Bangko Sentral ng Pilipinas
PayMongo vs
Telpay
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PayMongo vs
Prairie Cloudware, Inc.
Prairie Cloudware, Inc. United States

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1 employees
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FAQ About PayMongo

Powerful Financial Tools that Fuel Fast-Growing Businesses
PayMongo was founded in 2019.
PayMongo is headquartered in Philippines.
PayMongo operates in the following industries: Financial Services, Fintech, Payments.
PayMongo has approximately 160 employees.
PayMongo has completed 3 funding rounds, raising a total of $45.70M. The latest funding stage is Series B.
Top alternatives and competitors to PayMongo include Bangko Sentral ng Pilipinas, Telpay, Prairie Cloudware, Inc., PayNearMe, Veem. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayMongo and Bangko Sentral ng Pilipinas are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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