FinTech Magazine - December 2021 | Page 122

TOP 10

10

Paidy
Currency raised in 2021 : $ 120mn Founded : 2008
In 2008 , Paidy began as a Japanese payments firm that allows consumers to purchase items and pay later . In more recent years , it expanded to offer financing options on Rakuten , Japan ' s largest online retailer , and Amazon . co . jp . The future for Paidy looks set as it currently has over 6,000,000 users and continues to expand , with a workforce of over 145 staff . In 2021 , the fintech company secured $ 120mn ( USD ) in new funds .

09

Papaya Global
Currency raised in 2021 : $ 250mn Founded : 2016
The Israeli software as a service ( SaaS ) platform Papaya Global was founded in 2016 to automate international payroll and HR procedures . The company enables businesses worldwide to access a network of preferred vendors . As more businesses are predicted to choose SaaS services over onpremise software , Papaya Global is ideally placed to benefit . The firm has an expanding workforce of 245 personnel , and it secured $ 250 million ( USD ) in new investment this year .