Papaya Raises $50M To Give You A Way To Pay Bills Via Its Mobile App

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Beyond the mobile app, the company integrates with partners’ billing processes through embedded widget technologies and paper statements. Then, the company began working with doctor’s offices to offer the option to their patients. Kann was inspired to start Papaya after growing up in Brazil, where a similar payment technology already exists. “People back home were surprised to find out we didn’t have the same capabilities here,” Kann said. Papaya is a Los Angeles-based startup with a mission to do just that. While Kann declined to reveal revenue specifics, he did say Papaya “is on track to acquiring 1 million new active users per year.”