About Us

Automate your global payroll & payments.
Accelerate success.

Everything you need to grow your company, all on one operating system.

Our Story

Founded in 2016 by Eynat Guez, Ruben Drong, and Ofer Herman, Papaya Global is (finally!) bringing true technological advancements to the very traditional world of payroll – and helping connect the many fragmented dots between finance, HR, and payroll.

With this innovative mindset, the company was able to disrupt the space in various ways – from automating what used to be a long list of repetitive manual tasks in hiring, onboarding, and payroll management, to leading the way in remote work and global EoR solutions, all the way to becoming the first global payroll provider to develop its own native payments platform dedicated to the complex and sensitive nuances of payroll.

Along the way, Papaya Global raised more than $450M (most recently in a $3.7B valuation), became an official partner of Workday, Oracle NetSuite, and other leading companies from the world of workforce management – and won countless recognitions and accolades, including Forbes Cloud 100.

As of 2023, the company employs more than 700 workers in 21 locations globally, all working hard to push the world of payroll and payments to an ever more efficient and secure future.

Total payroll under management

Papaya team members

Companies that use us

Customer retention

Our Customers

Global organizations come to Papaya because they want to embrace an AI-driven technology that can solve the many pains associated with onboarding, managing, and paying large multinational workforces. The power of unifying payroll and payments under one Payroll OS allows international companies to upgrade their digital transformation and other existing processes.

Our Office Locations

Our team is spread across the globe. We have offices in ten locations across four continents. And we’re just getting started!

April 2016

Papaya Global officially formed by founders Eynat Guez, Ruben Drong, and Ofer Herman.

June 2016

Papaya raises $1.5 million in a venture capital seed round from investors New Era Capital Partners and Dynamic Loop Capital.

October 2016

Papaya launches the platform, the first step to disrupt and revolutionize global workforce management.

November 2019

Papaya raises $45 million in a Series A venture capital round from Insight Partners, with participation from Bessemer Venture Partners and existing investors New Era Capital Partners and Dynamic Loop Capital.

September 2020

Papaya raises $40 million in a Series B funding round led by Scale Venture Partners, with participation from Workday Ventures, Access Industries, and all existing investors.

March 2021

Papaya raises $100 million in a Series C funding round reaching unicorn status at a valuation of over $1 Billion.

September 2021

Papaya raises a further $250 million in a Series D funding round led by Tiger Global and Insight Partners reaching a valuation of $3.7 billion.

November 2021

Papaya acquires remote work connectivity platform NickNack.

March 2022

Papaya acquires innovative money transfer company Azimo, taking its employee count past 700.