Expanding Access to Credit: PayJoy’s Doug Ricket

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.