PaySpace by Deel

General Information

Company Name

PaySpace by Deel

Founded Year

2002

Location (Offices)

South Africa +2

Founders / Decision Makers

Number of Employees

328

Industries

Information Technology, Human Resources

Funding Stage

Social Media

PaySpace by Deel - Company Profile

PaySpace by Deel offers effortless payroll and compliance solutions with its award-winning cloud-native platform. The company's proprietary payroll technology is scalable, configurable, and highly secure, enabling anytime, anywhere access for payroll and HR teams. PaySpace serves organizations of all sizes and industry sectors, and has expanded into 40+ African countries, the United Kingdom, Brazil, and the Middle East.

In 2024, Deel acquired PaySpace in their largest acquisition to date and plans to integrate it as their exclusive payroll calculation engine, furthering their goal of becoming the one-stop-shop for global payroll & HR solutions. PaySpace serves more than 15,000 customers, from start-ups to enterprises paying more than 50,000 employees.

Founded in 2002, PaySpace operates in the Information Technology and Human Resources industries. While specific headquarters and recent investment details are not available, the company's strong customer base and Deel's strategic acquisition indicate a promising future within the payroll and HR technology space.

Taxonomy: Cloud-Native Payroll Solutions, HR Technology, Compliance Management, Global Payroll Integration, Outsourcing Services, African Payroll Solutions, Employee Self Service, Performance Management, Workflow Processes, Security Solutions