When was Papaya founded?

Papaya was founded in 2009 and raised its 1st funding round 12 years after it was founded.

Where is Papaya located?

Papaya is headquartered in Los Angeles, United States.

How many employees does Papaya have?

As of May 31, 2026, the latest employee count at Papaya is 95.

Is Papaya a funded company?

Papaya is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Dec 15, 2021.

When was the latest funding round of Papaya?

Papaya's latest funding was a $***** Series B round on Dec 15, 2021, with participation from 8 investors. Its primary sector is Payments. In United States, the Payments sector has seen $2.58B in funding in 2026 to date.

Where does Papaya rank among its competitors?

Papaya ranks 6th amongst 468 active competitors, of which 29 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Khazna, which secured $16M in Feb, 2025.

Who are the top competitors of Papaya?

Papaya's top competitors include Fawry, Doxo and One97 Communications. Among them, Khazna secured the most recent funding round in February, 2025.

Papaya - 2026 Company Profile, Team, Funding & Competitors

Papaya is a series B company based in Los Angeles (United States), founded in 2009 by Patrick Kann. It operates as an App for bill payments. Papaya has raised $65M in funding from Bessemer Venture Partners. The company has 468 active competitors, including 29 funded and 16 that have exited. Its top competitors include companies like Fawry, Doxo and One97 Communications.

Company Details

Papaya Pay provides an app to consumers for bill payments. It facilitates payments for utility bills, credit card bills, rental bills, and parking bills. It also enables users to take pictures of the bill and make payments. Payment can be done via credit/debit cards, and wallets. The app is available on iOS and Android devices.

Website: papayapay.com
Social
Email ID: *****@papayapay.com

Key Metrics

Founded Year

2009

Location

Los Angeles, United States

Stage

Series B

Total Funding

$65M in 1 round

Latest Funding Round

Series B, Dec 15, 2021, $*****

Investors

Bessemer Venture Partners & 10 more

Ranked

6^th among 468 active competitors

Employee Count

95 as on May 31, 2026

Similar Companies

Fawry & 733 more

View Papaya's full profile

Papaya is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAPAYA INC. CIN: 27-0661140 , United States, Active	Oct 01, 2020	-	9 (As on Dec 31, 2019)	-

Papaya has raised a total funding of $65M over 1 round. Its latest funding round was a Series B round on Dec 15, 2021 for $*****. 8 investors participated in its latest round. Papaya has 11 institutional investors.

Here is the list of recent funding rounds of Papaya:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2021	5792903	Series B	8237202	5478303	5211185	2975696

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View details of Papaya's funding rounds and investors

The founders of Papaya is Patrick Kann.

Here are the details of Papaya's key team members:

Patrick Kann: CEO and Co-Founder of Papaya and founder of 1 other company.
Contact Info: 1 email address

View details of Papaya's Founder profiles and Board Members

Papaya's employee count trend

Papaya has 95 employees as of May 26. Here is Papaya's employee count trend over the years:

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Top competitors of Papaya include Fawry, Doxo and One97 Communications. Here is the list of Top 10 competitors of Papaya, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fawry 2008, Cairo (Egypt), Public	App-based platform for consumer bill payments	$46M	IFC, EAEF & 3 others	76/100
2nd	Doxo 2008, Seattle (United States), Series C	Provider of mobile app for bill payments	$37M	Mohr Davidow Ventures, Sigma Partners & 3 others	64/100
3rd	One97 Communications 2000, Noida (India), Public	Provider of online platform for payments, recharges, financial, and travel services	-	Nepean Capital	62/100
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	F-Prime Capital, Graph Ventures & 9 others	58/100
7th	Mobilly 2005, Riga (Latvia), Seed	Payment app for transportation services	$1.2M	Zgi capital	57/100
8th	Khazna 2019, Cairo (Egypt), Series A	Digital wallet platform for individuals	$47M	Algebra Ventures, Quona & 16 others	57/100
9th	UnDosTres 2015, Mexico City (Mexico), Series B	Bill payment solutions for consumers	$36.5M	IDC Ventures, IGNIA & 11 others	55/100
10th	Sahl 2020, Giza (Egypt), Series A	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	Ayady, e-finance & 1 others	55/100