Core Innovation Capital
Core Innovation Capital is a fintech-focused venture capital firm headquartered in Los Angeles with an office in San Francisco. It concentrates on early-stage investments in financial services and technology companies across the United States. The firm backs companies that aim to empower small businesses and everyday Americans by delivering efficient, well-designed solutions that save time and money, improve access to financial products, and support upward mobility. Its portfolio seeks to generate significant consumer value while enhancing profit margins for its companies, targeting sectors where technology can disrupt cost structures and outcomes. Rooted in a mission to improve financial health and access, Core Innovation Capital looks for disciplined ideas that address regulated or complex markets and enable broad scale.
Top Stages
Past deals in Panama
PayJoy
Series B in 2019
PayJoy Inc. is a consumer financing company based in San Francisco, California, founded in 2015. The firm specializes in providing smartphone-enabled financing solutions, primarily targeting underbanked individuals in emerging markets. By leveraging mobile security technology, PayJoy allows customers to select a smartphone, make an initial deposit, and choose a flexible payment plan. The financed smartphone serves as collateral, unlocking its full functionality once the purchase is complete. PayJoy's mission is to enhance access to credit for underserved populations, helping them navigate financial challenges and improve their economic standing. The company has successfully reached over 10 million customers across various countries, including Mexico, Brazil, Colombia, and South Africa, and continues to show solid profitability and growth.
PayJoy
Series A in 2016
PayJoy Inc. is a consumer financing company based in San Francisco, California, founded in 2015. The firm specializes in providing smartphone-enabled financing solutions, primarily targeting underbanked individuals in emerging markets. By leveraging mobile security technology, PayJoy allows customers to select a smartphone, make an initial deposit, and choose a flexible payment plan. The financed smartphone serves as collateral, unlocking its full functionality once the purchase is complete. PayJoy's mission is to enhance access to credit for underserved populations, helping them navigate financial challenges and improve their economic standing. The company has successfully reached over 10 million customers across various countries, including Mexico, Brazil, Colombia, and South Africa, and continues to show solid profitability and growth.
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