Deel, the market leader in the global payroll and compliance space, announced today that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings.
This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue to transform rapidly. Deel is adding a full line of products through this acquisition to improve their customer experience further and provide them with the right solutions to scale internationally.
“With the addition of Zeitgold, we’ll accelerate even faster and reinforce our European leadership,” said Deel CEO Alex Bouaziz. “We’re taking Zeitgold’s best-in-class engine and plugging it into the core of our platform to help Deel supercharge its product offerings.”
“By joining forces with Deel, we can leverage our core technology and products at a global scale,” said Zeitgold CEO Jan Deepen. “The new capabilities we’re bringing to Deel will allow contractors and employees all over the world to stay compliant and take care of their payroll with confidence, all while continuing to help reduce hiring barriers worldwide.”
Deel enables businesses to hire anyone, anywhere, in a compliant manner. With Deel, hiring and onboarding international employees or contractors takes under 5 minutes, with no local entity required. Businesses can also pay their teams in 120+ currencies with just a click. Zeitgold offers AI-powered payroll and automated bookkeeping software for businesses and contractors.
Announcement: Deel Acquires Zeitgold