Papaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients

The two platforms unite to solve the challenge of managing and paying freelancers globally - with compliance built in

NEW YORK, July 9, 2025 /PRNewswire/ -- As the global labor market rapidly shifts toward freelance and contract work, Papaya Global and Worksome today announced a strategic partnership to redefine how companies, large and small, manage and pay their growing contingent workforce.

Freelancers, contractors and gig workers already make up 40% of the global workforce, a number set to exceed 50% by 2050. But most enterprise systems still rely on disconnected tools, legacy models, or manual processes to manage them. This partnership finally solves the compliance and payments complexity of hiring global freelancers by combining Papaya's end-to-end infrastructure with Worksome's modern, intuitive freelancer and hiring manager experience.

Together, this partnership delivers the most complete end-to-end solution on the market. This marks a new era for Freelance Management Systems (FMSs) — purpose-built systems designed to help enterprises efficiently engage, onboard, and pay independent talent at scale. The solution includes in-product worker classification and onboarding to integrated AOR/EOR and real-time, local-currency payments in 160+ countries. For the first time, companies can manage global freelancers with speed, clarity, and confidence, all in one unified workflow.

"The contingent workforce is the fastest-growing segment of global employment, and also the hardest to manage," said Eynat Guez, CEO and Co-Founder of Papaya Global. "Together with Worksome, we're solving this challenge at enterprise scale, offering a one-stop solution from onboarding to real-time payments."

"We built Worksome as a modern, tech-based solution to simplify the chaos of contractor management," said Morten Petersen, CEO and Co-Founder of Worksome. "The partnership with Papaya tackles one of the biggest challenges in contingent workforce, together we're delivering a global solution that's fast, flexible, and enterprise-ready."

With Worksome's sleek front-end experience and Papaya's global payment infrastructure, companies can pay any freelancer globally — instantly, in local currency, with built-in compliance and full auditability. This is a turning point for companies relying on flexible workforces: no more compliance risk, payment delays, or integration headaches. One platform. One workflow. Total visibility.

About Papaya Global:

Papaya Global is the platform for the global workforce, helping leading enterprises to pay workers compliantly in the local currency of 160+ countries. After having revolutionized payroll by automating manual processes, Papaya is the first SaaS company to offer its own licensed payments platform, in partnership with J.P. Morgan.

With same-day delivery and low, transparent fees, Papaya makes global payments faster, safer, and more efficient*.

Backed by world-leading investors, Papaya Global has raised more than $450M (most recently at a $3.7B valuation).

*Papaya Global's payment services are offered through Azimo, Papaya's licensed payments arm. Azimo is a payment services provider regulated in five Tier-1 jurisdictions. These licenses allow Papaya, together with its partners, to provide workforce payments worldwide.

For further information on Azimo's licences worldwide, check our licensing page.

About Worksome:

Worksome is the leading Freelance Management System built for the modern enterprise — transforming how companies engage, manage, and pay independent talent around the world.

Designed to bring order to the chaos of freelancer management, Worksome combines intuitive UX with powerful automation, delivering unmatched speed, visibility, and compliance. Companies can classify talent in-product, automate onboarding, and execute payments in one seamless flow — no spreadsheets, no handoffs, no guesswork.

Trusted by 350+ forward-thinking companies including Carlsberg, Novo Nordisk, and Oliver Agency, Worksome is helping enterprises future-proof their workforce strategy, without sacrificing control or compliance. With operations in Copenhagen, London, and New York, Worksome is building the infrastructure for how flexible work gets done.

SOURCE Papaya Global