Y inon Costica is an Israeli technology entrepreneur who is a co-founder of the cybersecurity unicorn, Wiz. The company has achieved a spectacular and record-breaking rise to become one of the most valuable private cybersecurity companies in the world. He and his partners are all veterans of the Israeli military's elite Unit 8200, which is a famous breeding ground for cybersecurity talent. Before Wiz, the same founding team had created another successful cloud security company, Adallom, which they sold to Microsoft for a large sum.
In 2020, they founded Wiz with a focus on cloud security posture management, helping large companies to identify and fix security risks in their cloud computing environments. The company's agentless and easy-to-use platform has been a massive hit with customers, and the company has grown at an unprecedented pace, reaching a multi-billion dollar valuation in a record amount of time. His founding stake in the highly valued private company is the source of his billion-dollar fortune.
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Yinon Costica is an Israeli businessman, the self-made billionaire Co-founder and Executive of Papaya Global, a global workforce management and payroll technology platform (SaaS). His career is rooted in technology, fintech, and entrepreneurial disruption.
Costica's philosophical approach centers on technological excellence, scale efficiency, and long-term commitment to streamlining global HR and payroll (pioneering the automated global workforce management model). He co-founded Papaya Global in 2016, recognizing the immense, untapped global demand for integrated cross-border payroll solutions.
Yinon Costica's strategic genius was his commitment to solving complex regulatory issues with software. He co-founded Papaya Global in 2016, successfully building the platform into a dominant global fintech player by offering integrated, compliant payroll and workforce management solutions across numerous countries. His structural contribution is immense: pioneering the modern global payroll SaaS model that streamlined operations for multinational corporations.
The company achieved unicorn status rapidly. He remains a key executive and major shareholder, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability and valuation of the global SaaS and fintech sector.
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Co-founds Papaya Global (Founding).
Papaya Global achieves unicorn status and significant valuation (Financial Milestone).
Continues as Co-founder and Executive, guiding the global fintech giant (Executive Oversight).
Yinon Costica's wealth is concentrated in his founding equity and retained stake in the private technology giant, Papaya Global, and his private investments.
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Yinon Costica's social impact stems from Papaya Global's role in providing essential HR and payment infrastructure that enables compliant, efficient employment of global workforces, facilitating international business growth. His personal philanthropy supports various educational and community initiatives, often focused on technology and entrepreneurial education in Israel.
His personal philanthropy supports various community and educational initiatives.
Yinon Costica maintains the professional, composed style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and intellectual depth, typical of a pioneer in the specialized fintech sector.
Residing in Tel Aviv, Israel, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and fintech entrepreneurship.
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0% | $0.00M
+51.76% | +$921.86M
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