Companies · Fintech

PayMongo Inc.Summer 2019Active

SAN FRANCISCO · NCR, Philippines · Fintech · refined from filed group “Other Technology · founded 2019 · https://paymongo.com

Diligence memoA one-page analyst read on PayMongo Inc. — recommendation, valuation, rhythm, risks.
$45.8M
Total raised · real
2
Rounds
2.1×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Fri Feb 25 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

PayMongo Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.98× the median modeled value of Series B Fintech companies in 2022–2024 (14 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.3 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

PayMongo Inc. is one of 1063 Fintech companies tracked from SAN FRANCISCO, NCR, Philippines, on record since 2019. By capital raised it ranks among the largest (ahead of 96% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Modern online payments for the Philippines

PayMongo builds products and tools that enable thousands of individuals and businesses in the Philippines to make and receive payments over the Internet. We support payments through credit or debit cards, electronic wallets, over-the-counter payments and many more. We build robust APIs, plugins and other products that abstract out the complexities of payments from our users so they can get up and running quickly and focus on their business. Our investors include Founders Fund, Peter Thiel, Bedrock Capital and Stripe.

Fintechfintech
Find PayMongo Inc. online

As reported in public records reported — not modeled.

PH
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2019
Year incorporated
2022-02-25
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries A · 2020-09-14 Raised $15M (real) Modeled valuation $388M (est)$15M$388MSeries A2020Series B · 2022-02-25 Raised $31M (real) Modeled valuation $539M (est)$31M$539MSeries B2022+$31MCumulative $46M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$14.7M · 2020
Series B$31.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$539.1M
Base estimate est.
$74.5M
Conservative case
$1.5B
Upside case
$172.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Series A · modeled $387.9M · 2020-09-142020Series B · modeled $539.1M · 2022-02-252022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 80% high
1.43×/yr
Annual markup
1.74×/yr upside case
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$31.6M/yr
Capital velocity
5.8 yr
On record since
2020
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 11× above median
This company$45.8M
Sector median$4.3M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$31.0M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 12× above median
This company$539.1M
Sector median$45.1M

Raised more than 96% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #1 of 14.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Treasury Prime Inc. · Series B Raised $54.1M · modeled $490.9M (est)Advisor Credit Exchange, LLC · Series B Raised $31.3M · modeled $364.3M (est)Butter Payments, Inc. · Series B Raised $27.5M · modeled $360.5M (est)Apto Payments, Inc. · Series B Raised $27.2M · modeled $357.9M (est)Nomba · Series B Raised $30.0M · modeled $340.2M (est)Forward Lending, Inc. · Series B Raised $55.8M · modeled $293.5M (est)Mozaic Payments, Inc. · Series B Raised $25.6M · modeled $250.9M (est)PayAll Payment Systems, Inc. · Series B Raised $17.2M · modeled $241.1M (est)Wealth, Inc./AZ · Series B Raised $29.1M · modeled $202.0M (est)Formance, Inc. · Series B Raised $25.1M · modeled $116.4M (est)Female Invest Inc. · Series B Raised $15.8M · modeled $115.8M (est)PayMongo Inc. (this company) Raised $45.8M · modeled $539.1M (est)PayMongo Inc.
CompanyStageRaised · realValue · estvs peer med.
PayMongo Inc. this companySeries B$45.8M$539.1M1.98×
Treasury Prime Inc.Series B$54.1M$490.9M1.80×
Advisor Credit Exchange, LLCSeries B$31.3M$364.3M1.34×
Butter Payments, Inc.Series B$27.5M$360.5M1.32×
Apto Payments, Inc.Series B$27.2M$357.9M1.31×
NombaSeries B$30.0M$340.2M1.25×
Forward Lending, Inc.Series B$55.8M$293.5M1.08×
Mozaic Payments, Inc.Series B$25.6M$250.9M0.92×
PayAll Payment Systems, Inc.Series B$17.2M$241.1M0.89×
Wealth, Inc./AZSeries B$29.1M$202.0M0.74×
Formance, Inc.Series B$25.1M$116.4M0.43×
Female Invest Inc.Series B$15.8M$115.8M0.43×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$14.7M2020-09-14$66.9M$387.9M90%
Series B$31.0M2022-02-25$172.5M$539.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$14.7M2020-09-14
    • First recorded raise — entered as Series A.
    • 23 investors on this round.
  2. Series B$31.0M2022-02-25
    • Raised 17 mo later, in step with the ~12 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~17mo cadence
$65.5M
Modeled next size est.range $42.6M$104.8M
2.1×
Last step-up
$31.6M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Alejandro Luis Sia2020-09
Eddie Francis Cesar Plaza2020-09
Edwin Cesar Lacierda2020-09
Jaime Cesar Hing III2022-02
Jaime Luis Hing III2020-09
Lawson Luis Emanuel2022-02
Registry & provenance

PayMongo Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
PH
Jurisdiction
1825419
SEC CIK
2019
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Djamo Inc.FintechSeries B$46.6M$96.5Msame sector · same stage
Credit Sesame, Inc.FintechSeries B$44.8M$415.6Msame sector · same stage
Cheddar Inc.FintechSeries B$44.5M$708.9Msame sector · same stage
FairMoneyFintechSeries B$42.0M$919.4Msame sector · same stage
Axiom, Inc.FintechSeries B$41.4M$90.0Msame sector · same stage
LemFiFintechSeries B$53.0M$325.1Msame sector · same stage
Treasury Prime Inc.FintechSeries B$54.1M$490.9Msame sector · same stage
Fintual, Inc.FintechSeries B$38.5M$753.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Kappa Pay Inc.FintechSeries A$53.0M81%
Paystack, Inc.
Modern payments infrastructure for Africa
FintechSeries A$292.6M80%
BuyPower
Modern bill payment platform for African businesses and consumers.
Fintech79%
Paylo Pay LtdFintechSeed$9.7M79%
Fingo Holdings, Inc.Other TechnologySeed$72.7M78%
Relay Payments Inc.FintechSeries C$1.1B78%
Circuit Pay, Inc.FintechPre-Seed$731K78%
Spyn Pay, Inc.FintechPre-Seed$17.5M78%
Frequently asked
How much funding has PayMongo Inc. raised?
PayMongo Inc. has raised approximately $45.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PayMongo Inc.'s estimated valuation?
Provath's modeled valuation for PayMongo Inc. is approximately $539.1M (modeled range $74.5M–$1.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PayMongo Inc. at?
PayMongo Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Feb 25.
What does PayMongo Inc. do and where is it based?
PayMongo Inc. operates in the Fintech sector, based in SAN FRANCISCO, NCR, Philippines. Modern online payments for the Philippines
Explore related

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