PayMongo

+145%

est. 2Y upside i

FinTechSeries B

Modern online payments for the Philippines

Rank

#168

Sector

Fintech

Est. Liquidity

~4Y

Data Quality

Data: Low

PayMongo offers a risk-adjusted expected upside of 145% over 2 years, driven by a low entry multiple and market growth.

Last updated: July 19, 2026

Bull (10%)+280%

Exit multiple expands to 8x on IPO catalyst. Revenue hits $61M. Exit value $491M. Net of 20% dilution, upside 280%.

Base (50%)+201%

Multiple converges to 4x (low of public comps). Revenue $61M. Exit value $246M. Net of 20% dilution, upside 201%.

Bear (40%)+41%

Multiple compresses to 2x due to incumbents. Exit value $123M. Preference stack consumes $46M, common recovers. Net of dilution, upside 41%.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

60%

Total funding of $46M represents 60% of the $76.5M valuation, creating a large preferred overhang.

Dilution Risk

high

Last funding round was in 2022; likely needs Series C within 24 months, causing 15-25% dilution.

Secondary Liquidity

none

No secondary market activity detected; employee shares unlikely to be liquid before exit.

Other — 2 roles

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on PayMongo's data — designed to show you've done your homework.

1
“How does PayMongo plan to differentiate from Stripe and Dragonpay in the Philippines?”
2
“What is the company's path to profitability given the 45% gross margin and current burn rate?”
3
“What is the expected timeline to liquidity and what events could trigger an IPO or acquisition?”

Our model estimates +145% upside. What do you think?

Anonymous. Do not share material non-public information.

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.