Source: https://fintech.ph/listing/paymongo

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# PayMongo

Powerful financial tools for fast-growing disruptors

[Payments](https://fintech.ph/category/payments)

[Visit website](https://www.paymongo.com/) [Developer access](https://docs.paymongo.com/)

- **Founded**: 2019
- **Headquarters**: Taguig City, Philippines
- **Stage**: Series B
- **Total raised**: US$46M. From recorded rounds
- **Licences**: 2. BSP

## Overview

PayMongo is a leading Philippine payments platform that lets businesses accept online and in-person payments — via cards, e-wallets (GCash, Maya), QR Ph, online banking and installments — through a single integration, plus payment links, invoices and checkout. Founded in 2019 (the first Philippine company backed by Y Combinator and Stripe), it is a BSP-registered Operator of Payment System, with an Electronic Money Issuer license held by its subsidiary PayMongo Payments, Inc. It has raised about US$46M to date, including a US$31M Series B in 2022.

### Mission

We aim to enable Filipino businesses to thrive in the digital economy by providing secure, user-friendly, and accessible payment solutions.

### Products

- Payment Gateway
- Checkout
- Payment Links
- Invoices

### Serves

MSMEs E-commerce businesses Startups Enterprises

## Funding and ownership

Total raised

US$46M

Sum of recorded funding rounds

Stage

Series B

### Investors and shareholders

Stripe Y Combinator Founders Fund Peter Thiel Global Founders Capital JAM Fund (Justin Mateen) ICCP-SBI Venture Partners Kaya Founders

Figures are calculated from the funding rounds recorded for this company.

## People

- Francis Plaza Co-founder (former CEO)
- Jaime Hing III Co-founder (former CTO; now PayRex CEO)
- Luis Sia Co-founder & Chairman
- Edwin Lacierda Co-founder (now PayRex President)
- Jojo Malolos President & CEO

## Licences and certifications

- [BSP-registered Operator of Payment System (OPS)](https://fintech.ph/licence/payment-system-operators) [Check: BSP list of registered operators of payment systems](https://www.bsp.gov.ph/PaymentAndSettlement/COR.pdf)
- [BSP-licensed Electronic Money Issuer (EMI)](https://fintech.ph/licence/e-money-issuers) [Check: BSP list of electronic money issuers](https://www.bsp.gov.ph/Lists/Directories/Attachments/7/emi.pdf)
- PCI DSS Certification
- National Privacy Commission Certification
- AI CPA SOC Certification

## Awards and recognition

- Best Payment Gateway Philippines 2022

## Developers

APIs available

PayMongo's official entry point for developer and integration work. Depending on the company it may be public documentation, a sandbox, or a partnership contact.

[Developer and integration access](https://docs.paymongo.com/)

Something out of date? [Suggest a correction](https://fintech.ph/contact)

## Contact and links

[paymongo.com](https://www.paymongo.com/)

- [x](https://x.com/paymongo)
- [youtube](https://www.youtube.com/c/paymongo)
- [facebook](https://www.facebook.com/paymongo)
- [linkedin](https://www.linkedin.com/company/paymongo/)
- [instagram](https://www.instagram.com/paymongo/)

## Similar companies

- [G GCash #1 Finance Super App](https://fintech.ph/listing/gcash)
- [M Maya It's everything and a bank](https://fintech.ph/listing/maya)
- [U UnionBank The Tech Bank of the Philippines](https://fintech.ph/listing/unionbank)
- [C Coins.ph Trusted Crypto Wallet & Exchange](https://fintech.ph/listing/coins-ph)

[More in Payments](https://fintech.ph/category/payments)

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From fintech.ph, an independent directory of fintech companies in the Philippines, as of October 27, 2026. Please link to https://fintech.ph/listing/paymongo when citing this page.