Expanding Access to Credit: PayJoy’s Doug Ricket

About this episode

Doug Ricket discusses PayJoy's mission to expand access to credit in emerging markets.

In this episode, we speak with Doug Ricket, Founder and CEO of PayJoy, a mission-driven credit provider operating across emerging markets. PayJoy serves customers who lack formal credit history by using patented secured-credit technology, point-of-sale financing, and credit cards designed to open a pathway into the modern financial system. The company has deployed more than $3 billion to over 17 million customers worldwide, achieving profitability while growing across regions including Latin America, Africa, and Asia. Ricket founded PayJoy in 2015 after early career experiences that shaped his focus on financial access, including Peace Corps service in West Africa, engineering work on Google Maps, and inventions that helped launch the pay-as-you-go solar sector. I am your host, RJ Lumba. We hope you enjoy the show. If you like the episode, click to follow.

People in this episode

Host: RJ Lumba

Guest: Doug Ricket

Topics covered

• credit access
• financial technology
• emerging markets
• point-of-sale financing
• secured credit

Keywords

• credit provider
• financial access
• PayJoy
• secured-credit technology
• point-of-sale financing
• profitability
• emerging markets

Mentioned in this episode

Organizations: PayJoy

Places: West Africa, Latin America, Africa, Asia

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