Papaya

About

Papaya is a developer of an online mobile application and payments technology designed to simplify bill payment for consumers.

Los Angeles,California,United States
51 - 100
https://PapayaPay.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $50M
Industries: Banking,Computer,Computer Vision,Financial Services,FinTech,Information Technology,Mobile Payments,Payments
Founded date: Apr 18, 2016
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Papaya, Inc.
Also Known As: Snappays Mobile,Papaya Pay,Papaya Payments

We are a mobile app that simplifies bill payments for everyday people. Snap a pic & pay any bill in seconds!

We know paying bills is a stressful process for many Americans. By making it easy to pay any bill with a mobile device, we are removing the hassle of paying bills through the mail, over the phone, or on complicated web portals. We are also helping billers of all sizes and from all industries get paid faster and more often.

We’re proud to be one of the highest-rated fintech applications on the App Store, with over 70k reviews, and backed by investors that include Sequoia Capital, Bessemer Venture Partners, and First Round Capital.

To learn more, check out PapayaPay.com or find us on the App Store!

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$65.10M

Papaya has raised a total of $65.10M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 15, 2021	Series B	$50M	9	Bessemer Venture Partners	—	Detail
Dec 3, 2018	Series A	$11M	1	Sequoia Capital	—	Detail
Feb 2, 2018	Seed	$3M	4	First Round Capital	—	Detail
Jun 1, 2016	Seed	$1.10M	4	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Papaya has made 1 investments. Their most recent investment was on Oct 28, 2021, when Cover raised $60M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 28, 2021 Cover	Series B	$60M	Building Material	—

Investors

Number of Lead Investors

Number of Investors

3

14

Papaya is funded by 14 investors. Bessemer Venture Partners and First Round Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Bessemer Venture Partners	Yes	Series B
First Round Capital	Yes	Seed
Sequoia Capital	—	Series B
01 Advisors	—	Series B
9Yards Capital	—	Series B
Acrew Capital	—	Series B
F-Prime Capital	—	Series B
Fika Ventures	—	Series B
Mucker Capital	—	Series B
Sound Ventures	—	Series B