Papaya Global is a fintech SaaS company that specializes in global workforce payroll and payments, serving as the AI-first operating system for a borderless global workforce built for enterprise scale. Founded in 2016 by Eynat Guez (CEO and co-founder), Ruben Drong, and Ofer Herman, and headquartered in New York, USA, Papaya Global gained unicorn status (more than $1 billion in valuation) in 2021 and provides a unified platform that enables businesses to pay and manage employees and contractors worldwide while ensuring compliance with local regulations.
The company’s proprietary software, the Papaya Payroll OS, is the first solution unifying payroll and payments—the first SaaS solution solving the complexities of global payroll and payments on one fintech platform, and the only global payroll provider licensed to hold and transfer funds internationally. Papaya’s platform unifies Workforce OS, Payments OS, and Payroll OS to enable companies to hire, onboard, manage, and pay employees, contractors, and contingent workers across 160+ countries, supporting all types of employment (payroll, EoR, and contractors) and delivering payments in over 100 currencies. Services include payroll processing in over 160 countries, contractor management, Employer of Record (EOR) solutions, cross-border payments, global benefits and immigration services, equity management, and compliance with local labor laws and tax regulations across jurisdictions.
Papaya Global is a TIME100 company that serves as the brain connecting the dots of global payments and payroll, unifying processes and data streams while integrating with HCM and ERP tools to create a single source of truth. The company processes global payroll and makes international payments to employees, authorities, and vendors in over 160 countries while providing 100% liability and a comprehensive suite of services with AI-based automation, compliance, and flexibility that large companies need to master workforce management. As of 2024, Papaya Global employed approximately 832 people (700+ in 2023) as a privately held company with 501-1,000 employees in the financial services industry. Headquartered at 1460 Broadway, Suite 7033, New York, NY 10036, US, the company has additional offices in Hong Kong, Herzliya (Israel), London, Austin (Texas), Krakow (Poland), Melbourne (Australia), Singapore, Barcelona (Spain), Kyiv (Ukraine), San Francisco (California), Miami (Florida), and India.
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