Papaya Global

Papaya Global provides a SaaS platform designed to simplify global workforce payments for businesses. It enables automated cross-border payments to employees and contractors, offering features like virtual IBAN accounts for centralized funding and transparent fee structures. The platform focuses on streamlining international payroll and ensuring compliance.

Papaya Global offers a SaaS platform for global payments, primarily targeting businesses for workforce payments (employees, contractors, freelancers). While it facilitates cross-border payments and emphasizes transparency in fees, it doesn't explicitly mention 'mid-market exchange rate transfers' or a 'borderless debit card' for individual use, which are key 'must-have' features for Wise. However, it does offer multi-currency accounts (virtual IBANs), fast transfers, transparent fees, batch payments, API integration, business account features, and regulatory compliance, aligning with several 'must-have' and 'other' features.