About Us

Automate your global payroll & payments.
Accelerate success.

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

Highest performing enterprise payroll software
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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.

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Total payroll under management

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50% Engineering

Papaya team members

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35% Global Fortune

Companies that use us

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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 Workforce 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 seven
locations. 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.

April 2016
June 2016
October 2016
November 2019
September 2020
March 2021
September 2021
November 2021
March 2022

"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."

Jeff Epstein, Former Oracle CFO

From one happy client
to the next.

  • Cyberark
  • Within3
  • Cato Networks

And the winner is... (us, yay!)

NelsonHall

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

Time100

One of Time100 Most Influential Companies

SMBTech 50 Honourees

One of The 2023 SMBTech 50 Honourees

Fast Company

One of Fast Company’s Most Innovative Companies

GGV Capital

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

CNBC

One of CNBC’s Inaugural Top Startups for the Enterprise

Inc.

Power Partner Awards list - 252 Companies Founders Can't Live Without

Fintech Magazine

Fintech's top 10 founder-CEOs

Fortune Magazine

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

Woman looking forward

Boost productivity and performance

Papaya’s global payroll technology thinks about everything. So you can focus on what matters—your business.

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