PayJoy provides financial services to underserved individuals in emerging markets, allowing them to purchase smartphones and pay for them over time using a buy now, pay-as-you-go model. The smartphones serve as collateral for the loans, enabling access to credit without traditional banking requirements.

PayJoy provides financial services to underserved individuals in emerging markets, allowing them to purchase smartphones and pay for them over time using a buy now, pay-as-you-go model. The smartphones serve as collateral for the loans, enabling access to credit without traditional banking requirements.