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Israeli Fintechs Papaya Global and Fireblocks Launch Real-Time Global Payroll Wallet

Israeli fintechs Papaya Global and Fireblocks launch Banco Wallet for real-time global payroll payments in 180+ countries using stablecoins.

Business

Jerusalem, 29 January, 2026 (TPS-IL) — Papaya Global and Fireblocks, two Israeli-founded fintech companies, announced a partnership to enable real-time cross-border payroll payments using stablecoins, aiming to bypass delays and costs tied to traditional banking systems.

The new product, Banco Wallet, powered by Fireblocks’ digital asset infrastructure, allows employers to pay employees, contractors, and vendors in more than 180 countries using both fiat currency and stablecoins. The companies said the platform is designed for industries with highly mobile, short-term workforces, including media production, maritime shipping, and energy.

Fireblocks, based in Tel Aviv, secures trillions of dollars in digital asset transfers annually, while Papaya Global provides payroll and workforce payment services worldwide.

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