Highest performing enterprise payroll software
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
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!
Papaya Global officially formed by founders Eynat Guez, Ruben Drong, and Ofer Herman.
Papaya raises $1.5 million in a venture capital seed round from investors New Era Capital Partners and Dynamic Loop Capital.
Papaya launches the platform, the first step to disrupt and revolutionize global workforce management.
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.
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.
Papaya raises $100 million in a Series C funding round reaching unicorn status at a valuation of over $1 Billion.
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.
Papaya acquires remote work connectivity platform NickNack.
Papaya acquires innovative money transfer company Azimo, taking its employee count past 700.
"At Oracle, we learned the best way to be both efficient and effective was to follow a four part process: Simplify, Standardize, Centralize, and Automate. Papaya has built a payroll solution to take care of this for all global companies, from Fortune 100s to small companies."
From one happy client
to the next one.
And the winner is... (us, yay!)
Papaya Global named an industry leader in NelsonHall’s 2023 EOR report
Forbes - Cloud100
3rd Year in a Row: Papaya Named to The Forbes Cloud 100
One of Time100 Most Influential Companies
SMBTech 50 Honourees
One of The 2023 SMBTech 50 Honourees
One of Fast Company’s Most Innovative Companies
A list highlighting the rising stars in fintech innovation
Power in Diversity Israel
One of Israeli top 10 most diverse Start-Up
Brandon Hall Award
Gold Medal “Best Advanced in Unique HR and Workforce Management Technology”
Dun & Bradstreet's
One of the Top 10 best centaurs to work for
One of CNBC’s Inaugural Top Startups for the Enterprise
Power Partner Awards list - 252 Companies Founders Can't Live Without
Fintech's top 10 founder-CEOs
The 15 Most Powerful Women in Startups
Global Payroll Association
Automation and integration award
HR Tech Awards
Best Innovative or Emerging Tech Solution, Core HR/Workforce