Deel news and trends

Deel to Acquire Africa-Focused Payroll Firm PaySpace
Acquisitions // March 05, 2024

Hiring and payroll platform Deel is set to acquire payroll and HR firm PaySpace. “Our team looked at many global payroll players, and PaySpace emerged as the best of the best,” Deel Co-founder and CEO Alex Bouaziz said in a company blog post Tuesday (March 5). Operating in 44 countries across the...

Finance Automation Platform Ramp Acquires AI Startup Cohere.io
artificial intelligence // June 26, 2023

Finance automation platform Ramp has acquired artificial intelligence (AI) startup Cohere.io. This acquisition will bring generative AI to finance, which will help automate workflows, improve customer experiences, and save businesses time and money, the companies said in a Monday (June 26) press release. “We’re committed to investing in high-quality,...

Wise and Deel Team to Offer Easier Cross-Border Payments
Partnerships // November 14, 2022

Money transfer service Wise has teamed up with human resources (HR) and payroll firm Deel to let customers send money through Deel with just an email address. The partnership comes as many companies run into difficulties when paying overseas employees, according to a Monday (Nov....

Multicurrency Payrolls Simplify Compliance, Improve Global Workforce Experience
Payroll // September 08, 2022

 In today’s world where workers are no longer required to be physically present in offices all day long, it’s not uncommon for a Paris-based tech firm to count multiple international hires based in neighboring European countries or far-off countries in Africa or Asia, among its...

Interviews & Exclusives
As Remote Work Goes Global, Paying Workers Gets Complex

August 02, 2022
As the idea of a permanently remote workforce gains acceptance after two years of COVID-enforced telecommuting, it isn’t exactly surprising that companies that started looking for talent beyond their own offices and cities are now looking beyond their own borders. According to PYMNTS’ “Cross-Border Payroll And Contractor Payments Report,” between 2020 and 2021, 60% of […]

Deel CEO: Crypto Gives Employers New Payroll Option to Attract Global Workforce

December 27, 2021
Remote work has become a permanent fixture in most organizations today. With it, many companies are looking to take advantage and expand their horizons. With workers no longer required to...

Quick Reads
Deel Taps Alviere to Help Global Companies Pay US Workers

May 28, 2024
Deel has extended its strategic investment in Alviere, aiming to help global companies hire and pay workers in the United States. The Alviere embedded finance and compliance program has already been integrated into Deel’s global human resources (HR) and payroll platform, the companies said in a Tuesday (May 28) press release. “Alviere’s strong compliance and […]

Deel to Acquire Africa-Focused Payroll Firm PaySpace

March 05, 2024
Hiring and payroll platform Deel is set to acquire payroll and HR firm PaySpace. “Our team looked at many global payroll players, and PaySpace emerged as the best of the best,” Deel Co-founder and CEO Alex...

Finance Automation Platform Ramp Acquires AI Startup Cohere.io

June 26, 2023
Finance automation platform Ramp has acquired artificial intelligence (AI) startup Cohere.io. This acquisition will bring generative AI to finance, which will help automate workflows, improve customer experiences, and save businesses time and money,...

Wise and Deel Team to Offer Easier Cross-Border Payments

November 14, 2022
Money transfer service Wise has teamed up with human resources (HR) and payroll firm Deel to let customers send money through Deel with just an email address. The partnership comes...