Deel has developed a payroll platform aimed at transforming payouts for businesses that collaborate with global remote contractors. The company's platform integrates contracts, payments, and taxes into a single interface. This allows customers to access contracting and compliance systems while providing a superior experience for international contractors.
Louis Beryl, Altimeter Capital Management, Adventure Fund, Green Bay Ventures, Olima Ventures, Avichal Garg, Founders Circle Capital, Gokul Rajaram, Caffeinated Capital, Tobias Lütke, Expansion Capital, Sarona Ventures, Catapult VC, BAM Elevate, Spark Capital, Alpha Square Group, LG Technology Ventures, Sozo Ventures, Claire Johnson, John Zimmer, Emilie Choi, Collective Liquidity, Dara Khosrowshahi, Browder Capital, Weekend Fund.
Global payroll front-runner Deel acquires Africa-based PaySpace, significantly strengthening its global coverage and infrastructure—hits a remarkable $500M annual recurring revenue within five years.
Deel acquires South Africa-based PaySpace
Deel Acquires African-Based Payroll Company PaySpace
Deel acquired PaySpace, a payroll and human resource services provider operating in Europe, Latin America, the Middle East and Africa.
UNLEASH got the inside track from Deel’s CEO about why Zavvy is the “perfect fit”.
Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics
Deel, a human resources startup last valued at $12 billion, has hit $400 million in annual recurring revenue, a senior sales director at the startup said last month, up from a pace of $295 million in January. Deel’s growth shows how some enterprise software s…
Human resources startup Deel revamped its terms of service, banning several additional types of transactions and effectively ending support for some retail trading websites whose activities have lately drawn the scrutiny of securities regulators. The four-yea…
Deel, the human resources startup embroiled in a government crackdown on online trading sites, has paused providing payout services to several businesses in the category, as it conducts a review of their operations. An executive at MyFundedFX who identified h…
I’ve spent the past two weeks digging into retail websites that call themselves prop or funded trading firms to report on a story about how HR startup Deel has quietly become the default payout provider for traders on these sites. I quickly discovered how muc…