Papaya Global pitches regulated payments infrastructure for AI's contract workforce

Papaya Global presented analysts on September 9 with a plan to become regulated payments infrastructure for the global AI workforce, estimated at about 3 million data annotators and contractors. The company aims to handle hiring, classification and payouts across 48 countries that require staffing licences.

• AI data-labelling workforce estimated at 3 million, projected to reach 35 million
• 48 countries require staffing licences; 32 cap EOR arrangement duration
• 65 countries enforce strict contractor-classification tests, 28 actively enforce them
• Papaya Global became a regulated payments company to handle global payouts