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Wireless

PayJoy raises USD 20 mln for Mexican smartphone financing service

Thursday 1 November 2018 | 15:40 CET | News
US-based financial technology firm PayJoy has raised has signed a USD 20 million debt-funding deal with Arc Labs, to fund the expansion of its pay-as-you-go mobile device financing services in Mexico. In a statement, the company said it also intends to use the funding to spread financial inclusion and alternative financing options nationwide in Mexico.

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Categories: Mobile & Wireless
Companies: PayJoy
Countries: Mexico
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