Payroll platform Papaya Global has raised $250 million in a Series D funding round, bringing its valuation to $3.7 billion. The round was led by Insight Partners, with participation from Tiger Global and other existing investors.
Payroll platform Papaya Global has raised $250 million in a Series D funding round, bringing its valuation to $3.7 billion. The round was led by Insight Partners, with participation from Tiger Global and other existing investors.
03/29/25, 11:17 AM
Location
Money raised
$250 million
Industry
financial services
Round Type
series d
Investors
Workday Ventures, Ivp, Greenoaks Capital, Tiger Global, Insight Partners
New York-based payroll and payment management firm Papaya Global has landed $250 million in a Series D funding round. This new injection brings its total valuation up to $3.7 billion, more than tripling its previous valuation. The Series D was led by Insight Partners and featured participation from Tiger Global as well as existing investors. The funding will be used to fuel Papaya's growth and expand its client base.