Diligence memo · auto-generated · as of July 2, 2026
PayMongo Inc.
PayMongo Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
PayMongo Inc. operates in Fintech, based in SAN FRANCISCO, NCR, Philippines. Modern online payments for the Philippines
Sub-sector tags: Fintech, fintech.
Capital & rounds (filed)filed
PayMongo Inc. has raised $46M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $31M on 2022-02-25.
Most recent recorded round closed around 2022-02-25.
Valuation (modeled)modeled
Provath models PayMongo Inc. at approximately $539M (range $75M–$1.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 4.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 96% of Fintech peers (1063 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Treasury Prime Inc., Advisor Credit Exchange, LLC, Butter Payments, Inc., Apto Payments, Inc., Nomba.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.