PayMongo

About

PayMongo is a payment processing startup that provides a payments API that can be integrated into mobile apps or websites.

Taguig,Rizal,Philippines
101 - 250
https://paymongo.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $31M
Industries: Financial Services,FinTech,Payments
Founded date: Mar 1, 2019
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: PayMongo Philippines, Inc.

PayMongo is providing modern payments for forward-thinking businesses. It helps businesses in the Philippines accept online payments from multiple channels fast and easy, in just minutes. It aims to become the invisible engine of commerce that gives everyone the opportunity to participate and succeed in the rapidly transforming digital economy.

The company was founded in 2019 by Francis Plaza, Luis Sia, Jaime Hing, and Edwin Lacierda.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$45.70M

PayMongo has raised a total of $45.70M in funding over 2 rounds. Their latest funding was raised on Feb 20, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 20, 2022	Series B	$31M	6	—	—	Detail
Sep 28, 2020	Series A	$12M	4	Stripe	—	Detail
Sep 25, 2019	Seed	$2.70M	7	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

11

PayMongo is funded by 11 investors. Stripe and Global Founders Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Stripe	Yes	Series A
Global Founders Capital	—	Series B
ICCP Venture Partners	—	Series B
JAM Fund	—	Series B
Justin Mateen	—	Series B
Lisa Gokongwei	—	Series B
Soma Capital	—	Series B
Bedrock Capital	—	Series A
Y Combinator	—	Series A
Founders Fund	—	Seed