Papaya Global - About the company
Papaya Global is a series D company based in New York City (United States), founded in 2016 by Eynat Guez and Ofer Herman. It operates as a Provider of platform for managing and paying global workforce and contractors. Papaya Global has raised $440M in funding from investors like Insight Partners, Tiger Global Management and Scale Venture Partners, with a current valuation of $3.7B. The company has 400 active competitors, including 39 funded and 50 that have exited. Its top competitors include companies like DailyPay, Airbase and Ramco.
Sectors and market segments that Papaya Global operate in
Papaya Global serves in the FinTech market segments.The primary business model of Papaya Global is:Company Details
Provider of platform for managing and paying global workforce and contractors. The platform offers tools for payments, contractor management, and compliance. It integrates with various systems, providing streamlined compensation and data validation. The platform supports global hiring, risk management, and worker experience solutions.
- Website
- www.papayaglobal.com/
- Email ID
- *****@papayaglobal.com
Key Metrics
Founded Year
2016
Location
New York City, United States
Stage
Series D
Total Funding
$440M in 5 rounds
Latest Funding Round
Post Money Valuation
$3.7B as on Apr 22, 2025
Investors
Ranked
3rd among 400 active competitors
Employee Count
812 as on Aug 31, 2026
Investment & Acquisitions
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Papaya Global's funding and investors
Papaya Global has raised a total funding of $440M over 5 rounds. Its first funding round was on Oct 03, 2018. Its latest funding round was a Series D round on Sep 11, 2021 for $250M. 10 investors participated in its latest round. Papaya Global has 23 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Papaya Global:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 11, 2021 | $250M | Series D | $3.7B | - | ||
Mar 04, 2021 | $100M | Series C | $1B | - | ||
Sep 30, 2020 | $40M | Series B | - | - |
View details of Papaya Global's funding rounds and investors
Papaya Global's founders and board of directors
Founder? Claim ProfileThe founders of Papaya Global are Eynat Guez and Ofer Herman. Eynat Guez is the CEO of Papaya Global.
Here are the details of Papaya Global's key team members:
- Eynat Guez: Co-Founder & CEO of Papaya Global. They are also an angel investor in 4 startups.Contact Info: 1 email address
- Ofer Herman: Co-Founder & CTO of Papaya Global and founder of 1 other company. Contact Info: 1 email address
View details of Papaya Global's Founder profiles and Board Members
Papaya Global's employee count trend
Papaya Global has 812 employees as of Aug 26. Here is Papaya Global's employee count trend over the years:
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Papaya Global's Competitors and alternates
Top competitors of Papaya Global include DailyPay, Airbase and Ramco. Here is the list of Top 10 competitors of Papaya Global, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DailyPay 2015, New York City (United States), Series D | Financial wellness and earned wage access platform that enables employees to access their earned pay on-demand | $264M | 74/100 | |
2nd | Airbase 2017, San Francisco (United States), Acquired | Provider of a platform integrating human resources, finance, and information technology | $91M | 72/100 | |
3rd | Papaya Global 2016, New York City (United States), Series D | Provider of platform for managing and paying global workforce and contractors | $440M | 71/100 | |
4th | Provider of enterprise resource planning, payroll, and logistics software solutions | - | 67/100 | ||
5th | CloudPay 1996, Andover (United Kingdom), Series G | Provider of managed payroll processing and automated salary payment services | $334M | 66/100 | |
6th | Bitwage 2013, San Francisco (United States), Acquired | Payroll and invoicing solutions for cryptocurrencies | $2.26M | 66/100 | |
7th | Wrapbook 2018, New York City (United States), Series B | Provider of production payroll, accounting, and cost-tracking software solutions | $151M | 65/100 | |
8th | JetPay 2011, Carrollton (United States), Acquired | Payment processor | $18.3M | 62/100 | |
9th | OnPay 2011, Atlanta (United States), Series B | Payroll management solution provider | $128M | 62/100 | |
10th | Inova Payroll 2011, Nashville (United States), Acquired | Payroll, HR and Tax solutions | $4.22M | 59/100 |
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Papaya Global's Investments and acquisitions
Papaya Global has acquired Azimo. Papaya Global has not made any investments as of now.Reports related to Papaya Global
Here is the latest report on Papaya Global's sector:
News related to Papaya Global
Media has covered Papaya Global for a total of 8 events in the last 1 year, 4 of them have been about partnerships and 2 about people movement.
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eToro and Papaya Global Partner to Launch Payroll-Linked Investing ServiceFinance Magnates•Aug 04, 2026•eToro, Papaya Global
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PageUp, Reindeer, Yello, and Employ Announce Strategic Partnerships to Enhance Talent Acquisition and Workforce ManagementHrtechfeed•Jun 18, 2026•Employ, Flockity, pageup.com, Yello and 3 others
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Papaya Global and Fireblocks Partner to Launch Global Workforce WalletPR Newswire•Jan 28, 2026•Fireblocks, Papaya Global
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Papaya Partners with SME Bank to Boost Fund SafeguardingThe Fintech Times•Aug 13, 2025•SME Bank, Papaya Global
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Papaya Ltd Gains Direct SEPA Access, First for an EMI in EuropeThe Fintech Times•Aug 12, 2025•Papaya Global
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