PayMongo will be the payment gateway of the up-and-coming startups that will be pitching to regional investors in September this year.

The startups, coming from across different industries, are supported by venture builder Founders Launchpad and Draper Startup House, a global community of entrepreneurs. They will be undergoing Founders Launchpad’s 12-week comprehensive incubation program designed to equip early-stage entrepreneurs with capital, and resources to build their product/Minimum Viable Product (MVP). The program provides them with a valuable curriculum, hands-on mentoring, investment support, engaging learning experiences, and ample networking opportunities. 

As a strategic partner, PayMongo will provide startups of this cohort with a secured payment gateway with zero signup fees, setup costs, integration costs, and maintaining balance. The cohort will also receive prime customer and clientele servicing, first access to its upcoming features and releases, and the opportunity to become a design partner in further developing its platform. 

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“As a startup ourselves, we look forward to extending this enthusiasm to other aspiring entrepreneurs and founders in the country,” said Jojo Malolos, CEO, PayMongo.

Strategic partner

The six startups come from the healthtech, cleantech, edtech, SaaS, and e-commerce sectors. They will pitch their ideas to regional and international investors such as Pharmacy Aggregator — MedsGo, Plastic Waste Management Tech — Rezbin, Learning Platform for Standardized Testing — Kippap, Escrow Service for E-Commerce Transactions — Safe, Inventory & Sales Management Software with POS — Itemcount, and Alternative Asset Marketplace–Supafaya.  

As a strategic partner, PayMongo will provide startups of this cohort with a secured payment gateway with zero signup fees, setup costs, integration costs, and maintaining balance. The cohort will also receive prime customer and clientele servicing, first access to its upcoming features and releases, and the opportunity to become a design partner in further developing its platform. 

“We are definitely thrilled to be part of the growth journey of these creative startups. PayMongo has always supported startups in the Philippines. As a startup ourselves, we look forward to extending this enthusiasm to other aspiring entrepreneurs and founders in the country,” said PayMongo’s CEO, Jojo Malolos.

Startup workshop

Malolos is also set to give a workshop to the graduates of the incubator program as part of their mentorship initiative. The participants of the program will also have a chance to visit PayMongo’s office to gain a deeper understanding of their curriculum and the work PayMongo does. 

“We believe that having a reliable payment gateway partner like PayMongo is critical,” said Simon Bauer, program lead of the Founders Launchpad and Partner of AHG Lab. “An easy-to-use and feature-rich payment partner is highly beneficial to our founders.