Peter Thiel-backed PH fintech startup PayMongo raises $31m in Series B

Peter Thiel-backed PH fintech startup PayMongo raises $31m in Series B

Jaime Hing III, Chief Technology Officer; Francis Plaza, Chief Executive Officer; Luis Sia, Chief Commercial Officer.

PayMongo, a Philippine-based payments processing startup backed by billionaire Peter Thiel, has announced raising $31 million in a Series B funding round to scale its operations and venture into more financial services.