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."

For more information on the award winners, visit: https://tearsheet.co/announcement/bankings-big-ideas-get-their-moment-the-big-bank-theory-awards-2026/ 

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/ 

Contact
payjoy@thekeypr.com 

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SOURCE PayJoy