PayMongo Celebrates 6th Anniversary with Full-Scale Financial OS & Faster Onboarding for Filipino Businesses

As PayMongo celebrates its remarkable six-year journey, it’s more than just a milestone—it’s a redefinition of what’s possible for Filipino businesses.

Since its launch, PayMongo has been at the forefront of fintech innovation, and today, they are taking it a step further with an exciting transformation. Introducing an enhanced Financial OS and a soon-to-be-released, industry-first dynamic onboarding feature, PayMongo is ready to revolutionize how businesses access financial tools, helping them scale faster and more seamlessly than ever before.

At the anniversary event held at Uma Nota, Shangri-La BGC, PayMongo unveiled a new brand identity that reflects its growing capabilities. Alongside this, the company introduced its expanded financial platform—designed to empower businesses to streamline payments, access instant funding, and seamlessly embed financial tools into their software platforms. This evolution is highlighted by PayMongo Capital, a flexible financing solution that gives businesses the resources they need to grow.

Luis Sia, Chairman and Co-Founder of PayMongo, shared his excitement about these advancements, stating:

“We’re not just changing our look, we’re redefining how businesses access financial power. With our upcoming dynamic onboarding and new Financial OS, businesses will soon be able to start accepting digital payments faster than ever. PayMongo Capital further ensures they have the resources to scale seamlessly.”

Six Years of Growth: From Payment Gateway to Full Financial OS

Since its launch, PayMongo has quickly transformed from a simple payment gateway to a comprehensive Financial OS, offering businesses everything they need to manage finances, accept payments, and scale. Under the leadership of CEO Jojo Malolos, PayMongo has seen impressive growth, including:

• A 4.3x increase in Total Payment Volume (TPV)
• A 3x revenue growth
• A 3.6x increase in gross profits

This growth is matched by PayMongo's commitment to security and compliance. The company has earned its SOC2 Type 2 certification and formed strategic partnerships with the Anti-Money Laundering Council (AMLC). Furthermore, PayMongo operates fully in compliance with Bangko Sentral ng Pilipinas (BSP) regulations, cementing its place as one of the country's most secure and trusted financial platforms.

Bangko Sentral ng Pilipinas Deputy Governor Mamerto E. Tangonan offered his congratulations, saying,

“Congratulations on your sixth anniversary. Thank you for being part of our continuous journey to broaden financial inclusion. We encourage the adoption of digital payments to bring more Filipinos into the formal financial system. Rest assured, the BSP will work hand in hand with the industry to ensure a safe, secure, efficient, and inclusive digital payment ecosystem.”

PayMongo's Vision: A Future-Ready Financial Ecosystem

CEO Jojo Malolos shared PayMongo’s long-term vision for the future:

“We’re not just celebrating a milestone, this rebrand is a statement of our commitment to building a future-ready financial ecosystem. Beyond payments, we now provide businesses with the capital to expand and enable software platforms to embed seamless financial tools.”

By empowering businesses to access both payment capabilities and financial tools, PayMongo is creating pathways for growth across industries. The new Financial OS is designed to be fast, scalable, and secure, setting a new standard for how businesses operate in a digital-first economy.

The Future of Financial OS: Fast, Scalable, and Secure

As PayMongo continues to innovate, its expanded platform now offers several key features that will transform the way businesses operate:

• Instant settlement capabilities via the PayMongo Wallet, ensuring businesses get paid without delays.
• Embedded finance infrastructure, allowing B2B and SaaS platforms to integrate payments effortlessly.
• Comprehensive payment acceptance, supporting credit/debit cards, e-wallets, and direct online banking.
• Advanced fraud prevention and compliance, strengthening business security and trust.
• PayMongo Capital, providing businesses with seamless access to growth funding.

From small businesses to large enterprises, PayMongo’s Financial OS has become essential for companies looking to streamline their operations and grow efficiently. Companies like Bebang’s Halo-Halo and Lazada are already benefiting from PayMongo’s advanced technology, with seamless payment and cash flow management.

Jojo Malolos further emphasized the company's commitment,

“By providing both direct financial tools and enabling other platforms to build on our infrastructure, we’re creating multiple pathways for businesses to grow. Whether they access capital through PayMongo or leverage our payment capabilities in their own platforms, businesses will soon have more powerful ways to scale.”

In the coming years, PayMongo will continue to push the boundaries of what’s possible in the fintech space, making it easier for Filipino businesses to thrive and take their operations to new heights. With a combination of innovative tools, rapid onboarding, and a focus on security and compliance, PayMongo is shaping the future of financial services in the Philippines.