Papaya Payments - About the company
Papaya Payments is a series B company based in Los Angeles (United States), founded in 2001 by Patrick Kann. It operates as a Provider of mobile app for bill payments. Papaya Payments has raised $65.1M in funding from investors like Bessemer Venture Partners, Sequoia Capital and F-Prime Capital. The company has 466 active competitors, including 29 funded and 16 that have exited. Its top competitors include companies like Fawry, Doxo and One97 Communications.
Company Details
Provider of mobile app for bill payments. Provides mobile app platform which allows users to make the bill payment by clicking a photo of the paper bill. They use validation technology and work with virtually any invoice, including medical bills, DMV fees, driving tickets, phone bills, and others. Bills are processed and only paid post-user verification. It also allows users to choose any payment method and keep a record of all expenses.
- Website
- ppaya.com
- Email ID
- *****@ppaya.com
- Registered Address
- Los Angeles
Key Metrics
Founded Year
2001
Location
Los Angeles, United States
Stage
Series B
Total Funding
$65.1M in 3 rounds
Latest Funding Round
Investors
Ranked
18th among 466 active competitors
Employee Count
94 as on May 31, 2026
Legal entities associated with Papaya Payments
Papaya Payments is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SnapPays Mobile, Inc CIN: 95-4569774 , United States, Active | Dec 31, 2000 | - | 45 (As on Dec 31, 2020) | - |
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Papaya Payments's funding and investors
Papaya Payments has raised a total funding of $65.1M over 3 rounds. Its latest funding round was a Series B round on Dec 15, 2021 for $*****. 8 investors participated in its latest round. Papaya Payments has 13 institutional investors.
Here is the list of recent funding rounds of Papaya Payments:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 15, 2021 | 8453409 | Series B | 5913392 | 1989000 | 9583566 | 5504054 |
2018 | 7701 | Series A | 3664 | 6722 | 6501 |
View details of Papaya Payments's funding rounds and investors
Papaya Payments' founders and board of directors
Founder? Claim ProfileThe founders of Papaya Payments is Patrick Kann.
Here are the details of Papaya Payments' key team members:
- Patrick Kann: Co-Founder & CEO of Papaya Payments and founder of 1 other company. Contact Info: 1 email address
View details of Papaya Payments's Founder profiles and Board Members
Papaya Payments' employee count trend
Papaya Payments has 94 employees as of May 26. Here is Papaya Payments's employee count trend over the years:
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Papaya Payments's Competitors and alternates
Top competitors of Papaya Payments include Fawry, Doxo and One97 Communications. Here is the list of Top 10 competitors of Papaya Payments, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based platform for consumer bill payments | $46M | 76/100 | ||
2nd | Doxo 2008, Seattle (United States), Series C | Provider of mobile app for bill payments | $37M | 64/100 | |
3rd | One97 Communications 2000, Noida (India), Public | Provider of online platform for payments, recharges, financial, and travel services | - | 61/100 | |
4th | AutoPe Payment Solutions 2006, Gurugram (India), Unfunded | App-based platform for bill payments | - | - | 60/100 |
5th | WHISH The Money Whiz 2017, Beirut (Lebanon), Unfunded | Online recharge and mobile payment solutions for consumers | - | - | 59/100 |
6th | Papaya 2009, Los Angeles (United States), Series B | App for bill payments | $65M | 58/100 | |
7th | Payment app for transportation services | $1.2M | 58/100 | ||
8th | Digital wallet platform for individuals | $47M | 57/100 | ||
9th | Bill payment solutions for consumers | $36.5M | 55/100 | ||
10th | Provider of mobile electricity card payment solutions. This service allows users to recharge their electricity cards quickly via a mobile application utilizing NFC technology. The platform offers a centralized payment system accepting various payment methods. Users can also track their payment history. Customer support is provided to ensure a positive user experience. | $6M | 55/100 | ||
18th | Papaya Payments 2001, Los Angeles (United States), Series B | Provider of mobile app for bill payments | $65.1M | 49/100 |
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Papaya Payments's Investments and acquisitions
Papaya Payments has made no investments or acquisitions yet.
Reports related to Papaya Payments
Here is the latest report on Papaya Payments's sector:
News related to Papaya Payments
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