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Deel acquires Safeguard Global’s payroll division
Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to manage large-scale payroll projects, deepens its partner
Mar 11, 2025
Global Payroll
Helios Raises $15.5M to Transform Global Payroll & Workforce Management with AI
Helios, an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payroll, compliance, and HR operations into a unified platform, s
Mar 4, 2025
Global Payroll
Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate
Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi
Feb 4, 2025
Global Payroll
ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico
ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. (PEI), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with ADP’s comprehensive HCM and payroll services. Over 300 P
Jan 31, 2025
Global Payroll
Recruiter.com Acquires bountyJobs to expand total talent solutions
Recruiter.com has acquired BountyJobs, a recruitment marketplace known for connecting employers with third-party recruiters, to strengthen its position as a comprehensive total talent solutions provider. This strategic acquisition enhances Recruiter.com’s capabilities in workforce management, cont
Nov 15, 2024
Global Payroll
NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera, a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll management for businesses with international teams. The platform
Aug 23, 2024
Global Payroll
Workday Announces Fiscal 2025 Second Quarter Financial Results
 Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased to $518 million, with a 24.9% margin. Workday’s subsc
Aug 22, 2024
Global Payroll
UKG Wins Global Payroll Industry’s Top Honor
UKG has been named the 2024 Global Payroll Supplier of the Year by the Global Payroll Association for its innovative UKG One View solution, which simplifies multi-country payroll processes for global organizations. The award highlights UKG's commitment to solving complex payroll challenges through c
Aug 19, 2024
Global Payroll
National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued
The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NAD found that some claims, such as Deel’s cost savings and
Aug 9, 2024
Global Payroll
UK's CloudPay Secures $120M to Revolutionize Global Payroll with AI and Automation
CloudPay, a leading global payroll and payment solutions provider, has secured $120 million in funding led by Blue Owl Capital, with participation from existing investors Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment aims to enhance CloudPay’s customer product and
Aug 8, 2024
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