Deel

Deel is a global payroll and compliance platform founded by Alex Bouaziz, Ofer Simon, and Shuo Wang in 2018, based in San Francisco, California. It is designed to simplify hiring across borders for businesses by automating compliance and payroll processes, including offering cryptocurrency payments to facilitate easier and quicker international transactions. While primarily not a web3 platform, Deel integrates web3 features by enabling payments in cryptocurrencies, leveraging DeFi principles for borderless, efficient transactions without traditional banking intermediaries. The platform serves companies working with remote contractors and employees globally, providing features such as localized compliance, automated payments, contracts and tax form templates, and customer support. Deel's innovative approach to combining traditional payroll services with emerging web3 financial systems positions it as a valuable tool for businesses engaged in the global digital economy.