Engages J.P. Morgan for foreign exchange and payments expertise to support global growth
Fueled by the current environment, companies are realizing the benefits of remote work. This significant shift can not only improve employees’ quality of life, but also help companies access a larger pool of talent, while curbing operational costs. As an international payroll and compliance company, Deel is well prepared to support this trend and is announcing that more than 1,000 businesses are now using Deel to hire remote talent, and revenue is growing 40% month-over-month.
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Deel is also excited to leverage J.P. Morgan’s Treasury Services APIs to build a customized platform to enable the company to further scale and automate its global capabilities.
Deel envisions a world without borders. Hiring international teams can take a very long time and comes with additional legal and compliance work. Through the Deel platform, employers no longer need to be constrained by their geography to hire and retain the best talent. Deel allows employers to tap into a global talent market without worrying about the complex logistics and red tape that can come with a global footprint.
Deel is also excited to leverage J.P. Morgan’s Treasury Services APIs to build a customized platform to enable the company to further scale and automate its global capabilities. By building on top of J.P. Morgan Developer, a tool that empowers technologists to use the firm’s technical capabilities to create unique experiences for their users, Deel is tapping into APIs, foreign exchange services and global payment capabilities to make paying—and getting paid—faster and cheaper for its clients. By further integrating into the banking infrastructure, is positioning itself to quickly develop new, highly sought-after features and make them available globally.
Alex Bouaziz, Founder and CEO of Deel, said, “Integrating J.P. Morgan into our tech stack is a big deel. They will power a critical component of our business by enabling us to take control of our global payments infrastructure and build new products to serve our customers anytime, anywhere.”
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