San Francisco-based HR tech startup Deel acquires PaySpace, expanding its presence in Africa and entering the enterprise market.
Deel, a San Francisco-based HR tech startup, has acquired Africa-based payroll and HR software and services company PaySpace in its largest acquisition to date. The deal strengthens Deel's presence in Africa and follows its recent purchase of Munich-based Zavvy, an AI-based "people development" startup. Deel's acquisition of PaySpace, which has over 14,000 customers in 44 countries, will help it expand into the enterprise market and solidify its position in Africa.
March 05, 2024
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