About Papaya
Papaya is a company based in Los Angeles (United States) founded in 2009. It operates as a FinTech and Pay-per-Use / Usage-Based. Papaya has raised $50 million across 1 funding round from investors including Bessemer Venture Partners, Sequoia Capital and Acrew Capital. Papaya offers products and services including Digital Billing, Quickpay Widget, and Paper Statements. Papaya operates in a competitive market with competitors including Doxo, BillGO, Papaya Payments, Gerald and Health Payment Systems, among others.
- Headquarter Los Angeles, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Papaya Payments
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series B
Dec 15, 2021
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Investors
Bessemer Venture Partners
& 7 more
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Employee Count
Not available
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Products & Services of Papaya
Papaya offers a comprehensive portfolio of products and services, including Digital Billing, Quickpay Widget, and Paper Statements.
Payments are collected instantly via SMS or email.
Bills are paid directly using camera without login.
QR codes are scanned for seamless bill payment.
People of Papaya
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Funding Insights of Papaya
Papaya has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Papaya
Papaya has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Sequoia Capital and Acrew Capital.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage startups are funded by Acrew Capital venture firm.
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Investor details for Papaya
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Investments & Acquisitions by Papaya
Investment portfolio details for Papaya
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Financial Statements - Papaya
Detailed financials for Papaya
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Papaya Comparisons
Peer comparison for Papaya
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Competitors of Papaya
Papaya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doxo, BillGO, Papaya Payments, Gerald and Health Payment Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Bill payments are managed via a mobile app for users.
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Bill payment processing solutions are provided for businesses and consumers.
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Mobile app for bill payments via photo capture is provided.
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Consumer bills are managed and paid via a cloud-based platform.
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Provider of an all-in-one statement and payment solution for healthcare billing
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Detailed competitors of Papaya
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Latest news on Papaya
Complete news archive for Papaya
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Frequently Asked Questions about Papaya
Papaya was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Papaya is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Papaya is a funded company, having raised a total of $50M across 1 funding round to date.
Papaya is engaged in providing innovative payment solutions to streamline billing for businesses and consumers. Services are offered across sectors like healthcare, government, utilities, and insurance. Digital billing, Quickpay widgets, and paper statement solutions are developed to ensure faster collections and cost savings. Compliance with PCI, HIPAA, and SOC2 standards is maintained to secure transactions.
Papaya offers Digital Billing, Quickpay Widget, and Paper Statements.
Papaya has 8 investors. Key investors include Bessemer Venture Partners, Sequoia Capital, Acrew Capital, 01 Advisors, and Mucker.