Papaya Global Adds Group 11 as a Strategic Investor
Retrieved on:
Monday, June 1, 2020
NEW YORK, June 1, 2020 /PRNewswire/ -- Papaya Global, a leading global payroll and payment platform, is proud to announce today that Group 11 , a leading, US-based fintech VC led by Dovi Frances, has joined the company's investors.
Key Points:
- NEW YORK, June 1, 2020 /PRNewswire/ -- Papaya Global, a leading global payroll and payment platform, is proud to announce today that Group 11 , a leading, US-based fintech VC led by Dovi Frances, has joined the company's investors.
- Papaya Global was founded by Eynat Guez, Ofer Herman, and Ruben Drong with the goal of reinventing global payroll.
- "Papaya Global solves the challenges of global payroll, which has been managed manually and inefficiently until now, through full automation and a single user interface.
- The Papaya Global business model reflects Group 11's philosophy of investing in fintech companies that redefine their category by shattering and automating old work paradigms in multi-billion dollar markets, such as the global payroll market," says Dovi Frances, founding partner of Group 11.