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Papaya
Payments fulfilment platform
- 21-100 employees
- Fintech
- B2C
- Payments
- SaaS
- Sherman Oaks, Los Angeles, CA
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Company mission
To alleviate the stress and anxiety Americans face in paying bills.
20% employee growth in 12 months
Our take
Papaya offers an instant payment service for physical bills. Users take a photo of a bill using their mobile phone, and are able to instantly pay using a designated card or bank account.
As consumers become more and more reliant on their mobile devices to manage their lives, Papaya has taken the complexity out of online banking and created a service that can be used on the go. The growth in cashless transactions in the US has been steep, and a variety of fintech startups have launched to capture this demand.
There are other players in the bill payments market, and many are consolidating, such as BillGo, which acquired rival company Prism. Papaya has gained traction through its simplicity and ease of use, but it will need to continue to innovate to avoid losing out to more prominent players in the space. A 2021 partnership with bank technology provider HC3 aims to do just that by allowing customers to pay bank or credit card bills using the Papaya app.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- We're a remote-friendly company with roots in Los Angeles, CA
Leadership
Patrick Kann
(CEO)Having worked as a Corporate Account Officer for 2 years and a World Bank Associate, they took an MBA and worked at eSolar, Macquarie Bank, and Idealab. They left their GameMix Board Member role in September 2015 having co-founded Papaya that June.
Jason Meltzer
(CTO)Having studied at Caltech, they took a Ph.D. at UCLA before working as a Robotics Scientist for 6 years. They founded SightCine in 2009 before co-founding Papaya in June 2015.