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PayMongo

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PayMongo

Modern online payments for the Philippines

paymongo.com
HQ: Taguig, NCR, Philippines
201-500
Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

PayMongo is a Philippines-based fintech and financial operating system for businesses that helps merchants accept payments, move money, access capital, and automate financial operations.

Primary product

Business payments and financial operating system (payment gateway, wallet, capital, and payouts)

Founded

2019

Headquarters

Bonifacio Global City, Taguig, Metro Manila, Philippines

Team size

51-200 employees

Work style

Flexible

Industry

Financial Services

Sub-industry

Payments / fintech infrastructure

Offices

Bonifacio Global City, Taguig, Metro Manila 1634, Philippines
Unit 3308, High St South Corp Plaza Tower 2, 26th Street and 11th Avenue, Taguig, Philippines
1634 11th Ave, Taguig, National Capital Region, Philippines
26th Street and 11th Avenue, Taguig, 1634, Philippines

Business model

transaction-based merchant discount rates
usage-based platform fees
subscription / plan fees
custom enterprise pricing
financial services and embedded finance fees

Funding

Stage

Series B

Total raised

$45.8M

Latest round

Series B · Feb 2022

Latest amount

$31M

Series B

Feb 2022 · JAM Fund

$31M

Series A

Sep 2020 · Stripe

$12M

Seed

Sep 2019

$2.7M

People & investors

Leadership

Jojo Malolos

Chief Executive Officer

Luis Sia

Chairman & Co-Founder

Jose Dalino

Chief Product & Technology Officer

Josh Quinto

Chief Risk & Compliance Officer

Miel Pahati

President

Patrick J. Filamor

Head of Capital & Partnerships

Founders

Edwin Lacierda

Co-Founder

Francis Plaza

Co-Founder

Jaime Hing

Co-Founder

Investors

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

Work & culture

The careers page emphasizes customer-first, purpose-driven, problem-solving, ambitious-but-humble, detail-oriented, team-oriented, results-oriented, decisive, and resourceful/lean values, with a supportive environment and flexible work setups.

Work style

Flexible

Compensation

No public salary bands were found in the reviewed sources; public compensation signals are limited to equity/ownership and a benefits package that includes health coverage, mental health support, leave, and learning support.

Benefits

comprehensive health coverage
mental health support
generous leave policies
equity / ownership
continuous learning opportunities
flexible work setup

Product & market

Pricing

Primarily per-transaction pricing with no setup fee or monthly fee to start, plus custom pricing for higher-volume or specialized merchants; separate fees exist for some add-on products like Storefront, Protect, and support plans.

Differentiators

  • —one integration for 14+ payment methods
  • —strong local Philippines payment-method coverage including QR Ph
  • —financial OS that combines payments, wallet, capital, and payouts
  • —no-code tools such as Payment Links and Payment Pages
  • —BSP-regulated operation
  • —PCI-DSS Level 1 and SOC 2 Type 2 security posture
  • —custom pricing for large-volume merchants
  • —merchant onboarding and settlement tooling geared to Filipino businesses

Technology

GitHub
Git
Terraform
Stripe
PostgreSQL
Python
Ruby
SQL
Snowflake
Amazon Redshift
Datadog
Figma
Jira
Looker
Google Analytics
HubSpot
Fivetran
dbt
FullStory
Tableau

Customers

Philippine SMEs
startups
enterprise merchants
online stores
physical retailers
service businesses
retail businesses
food businesses
e-commerce merchants
Bebang's Halo-Halo
Lazada
All Out Fitness
St. Peter Life Plan, Inc.
Continuiti
Panero Pandesal

Competitors

GCash for Business
Maya Business
Dragonpay
PesoPay
HitPay
Cuanto
ExplaraBiz
SuperPay

Scale & contact

Estimated revenue

$1M-$10M

Estimated monthly visits

245.3K

Traffic estimate as of May 2026

support@paymongo.com+63 917 676 0425

Signals & risks

Other
Jan 2024

A 2025 interview described a turnaround-era workforce realignment that reduced the team from 245 to 140 through natural attrition and reorganization rather than a formal layoff; it is a material execution/risk signal for the company.

Source

Latest news

QR Ph Reaches 55% Share of Payments in PH Businesses, Up 510% YoY

PayMongo · Jul 2026

PayMongo said its first-half 2026 transaction volume nearly doubled year over year, with nearly 10 million completed transactions, a 93% larger merchant base, and QR Ph reaching 55% of total payment volume.

For the First Time, Philippine SMEs Can Get Business Payment Cards Without a Bank Account

PayMongo · Jun 2026

PayMongo, Mastercard, and Paymentology announced a virtual prepaid business card product for Philippine SMEs, extending PayMongo's wallet and card infrastructure.

Quotable AI and PayMongo Partner to Power End-to-End B2B Payments for Philippine SMEs

PayMongo · Apr 2026

The companies announced embedded payments so Philippine SMEs can move from quote to payment in one workflow using PayMongo's infrastructure.

PayMongo Turns 6: Transforming Filipino Commerce with a Full-Scale Financial OS

PayMongo · Mar 2025

PayMongo marked its sixth anniversary by describing its shift from payments-only to a full financial OS, while citing SOC 2 Type 2 certification, AMLC partnership, and strong growth metrics.

PayMongo could raise fresh capital early next year

BusinessWorld · Mar 2025

BusinessWorld reported that PayMongo management was considering a new fundraising round in 2026 while outlining growth, profitability, and Southeast Asia expansion plans.

AboutBlogCareersContact / general interest formDeveloper docsEngineering articleGitHub organizationLinkedIn company pagePricingWebsite home
SourcesPayMongo about pagePayMongo home pagePayMongo careers pagePayMongo pricing pagePayMongo blogPayMongo midyear data drop 2026PayMongo turns 6PayMongo virtual prepaid card announcementQuotable AI partnershipTechCrunch seed roundTechCrunch Series ATechCrunch Series BLinkedIn company pageGitHub organizationSEMrush traffic overviewBusinessWorld capital-raising storyNewsbytes QR Ph storyJojo Malolos turnaround interview

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