Papaya Global Raises $250 Million at a $3.7 Billion Value

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Papaya Global has raised $250 million at a value of unbelievable $3.7 billion. The company founded five years ago has raised a total of $440 million this year. Less than a year ago, it raised $40 million at a value of $$350 million; six months ago, it raised $100 million at a value of $1.2 Billion, and now this new round at a value of $3.7 Billion. According to the company that has developed a software platform to manage payroll and other employee benefits for a company worldwide, its sales have been growing exponentially. It expects to reach $100million in sales this year.

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