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PayJoy acquires mexico's Finia to gain deeper credit insights. PayJoy's acquisition of Finia promises smarter underwriting and better access to credit for customers with limited financial histories. Curated by Financing Your Way from original reporting by PYMNTS. Summary is AI-assisted and editorially reviewed - see its editorial standards. PayJoy has acquired the Mexican fintech firm Finia to sharpen its credit underwriting capabilities. For retailers and operators, this move signals a major shift in how lenders approve customers who lack traditional credit scores. PayJoy is known for its 'smartphone-as-collateral' model, and this acquisition allows them to use Finia's specialized data insights to better predict risk. This is important for your business because it directly impacts approval rates for the 'underserved' market. By integrating Finia's technology, PayJoy can more accurately identify reliable borrowers who are usually rejected by big banks. Improved data means the lender can offer financing to more of your customers without significantly increasing the risk of default. As fintechs get better at reading non-traditional data, the pool of customers eligible for point-of-sale financing continues to grow. If you serve a demographic with limited credit history, technology updates like this help ensure more sales are closed at the register. Who else is covering this

Small business news releases. PayJoy wins Tearsheet's Big Bank Theory - Serving the Underserved Award. Recognition highlights PayJoy's commitment to serving underserved communities and those traditionally excluded SAN FRANCISCO, Sept. 30, 2026 /PRNewswire/ - PayJoy, a leading financial services provider for underserved consumers across emerging markets, has won the Serving the Underserved Award. Hosted by The Big Bank Theory Awards by Tearsheet, this award recognizes the bank or financial product that serves communities that have not traditionally received support from the financial services industry. The Big Bank Theory Awards by Tearsheet honor excellence and innovation in banking, bringing together established industry leaders, fintechs, and emerging startups. With categories highlighting achievements including, but not limited to, embedded finance and card issuing, the awards invite financial institutions and innovators to showcase their impact and broader industry influence. This win underscores PayJoy's global impact of its support of underserved communities across the nine countries where it operates. PayJoy identifies creditworthy customers, including gig workers and microentrepreneurs, whom the financial system has systemically ignored, by leveraging alternative data sources. "This honor from Tearsheet is a reminder that in a market full of predatory lenders, our outlook of credit for all is more important now than ever," said Doug Ricket, PayJoy CEO and Co-Founder. "We remain committed to operating with radical transparency in all that we do, with no compounding interest, no late fees, and fixed repayment schedules so our customers can build, earn, and thrive." About PayJoy PayJoy expands credit access across emerging markets through point-of-sale financing and card offerings. Its proprietary secured-credit technology enables first-time borrowers to responsibly build financial stability and participate fully in the modern economy. Through its cutting-edge machine learning, data science, and anti-fraud AI, PayJoy has financed over $3.5 billion of loans to more than 20 million people and employs over 1,000 people worldwide. For more information, visit https://www.payjoy.com/ SOURCE PayJoy

PayJoy and Kservico partner to expand smartphone access across the Philippines. September 28, 2026 The partnership combines PayJoy's financing platform with Kservico's retail network to make smartphone ownership more accessible for Filipinos. VIA GRAPHIC PLUS | MANILA, Philippines - As smartphones become increasingly essential for work, education, entrepreneurship, and everyday life, PayJoy Philippines and Kservico have entered into a Commercial partnership to make smartphone ownership more accessible for Filipinos. The partnership brings together PayJoy's technology-enabled financing platform and Kservico's trusted retail network, giving customers at participating Kservico stores another accessible way to acquire eligible smartphones. Both companies share a commitment to expanding access to smartphones and empowering more Filipinos to participate in today's increasingly digital economy. "When we looked at Kservico, we didn't just see one of the country's largest retail networks. We saw a company that has spent more than five decades putting quality products within reach of ordinary Filipino families," said Joseph Lim, Country Manager of PayJoy Philippines. "That mission closely aligns with PayJoy's commitment to helping hardworking Filipinos access the products, tools, and financing they need to build better lives. Together, we hope to create even more opportunities for communities across the country." Today, smartphones have become more than just communication devices - they are essential tools that help Filipinos navigate everyday life. A smartphone has become an enabler of opportunity, empowering people to apply for jobs, attend online classes, run small businesses, access digital financial services, and stay connected with family and loved ones in an increasingly digital world. As more aspects of daily life move online, access to reliable technology has become increasingly important. By expanding pathways to smartphone ownership, PayJoy and Kservico aim to help more Filipinos access the tools they need to participate in today's digital economy. Customers purchasing eligible smartphones at participating Kservico branches may apply for PayJoy financing as part of their in-store purchase journey, providing another accessible payment option for consumers. Whether for work, education, entrepreneurship, or staying connected with loved ones, the collaboration is designed to help more Filipinos own the technology they need to support their everyday lives. "This partnership has been two years in the making, and we're excited to finally make it a reality," said Grace Balingit, President of Kservico. "Together with PayJoy, we hope to help more Filipinos access the dream smartphones they need while reaching even more communities in far-flung areas through accessible financing options." Physical retail continues to play an important role in expanding digital and financial inclusion in the Philippines. Looking ahead, PayJoy and Kservico aim to make smartphone ownership more accessible by combining PayJoy's seamless financing experience with Kservico's trusted retail network. With Kservico's nearly 170 branches across Metro Manila and Luzon, more Filipinos can conveniently access the technology they need to learn, work, grow their business, and stay connected. "Digital inclusion requires more than connectivity. People also need access to the devices that allow them to participate," added Lim. "Strong retail partnerships help us bring that access closer to customers. Ultimately, our goal is to use technology to create a pathway for more people to participate in the digital and financial economy." Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature. Karl Jerome M. del Mundo, DOST-STII - 4 hours ago VIA GRAPHIC PLUS | Makati City - Regional leaders and industry innovators were urged for an inclusive, market-wide, systemic transformation to scale circular economy initiatives across Southeast Asia during the ASEAN Regional... By Karl Jerome M. del Mundo, DOST-STII - 6 hours ago VIA GRAPHIC PLUS - Eleven government researchers and scientific experts were officially named as new Career Scientists and two upgraded Career Scientists this year, the Scientific Career System (SCS) recognized, Admiral Hotel,... VIA GRAPHIC PLUS - A good food trip leaves room for a little spontaneity. At Araneta City, more than 350 food brands come together across the City, making it easy to turn... To help catalyze and spur leadership in health and well-being across the residential sector, Landco Lifestyle Ventures is participating in a first-of-its-kind program aimed at establishing IWBI's new global benchmark for healthier...