PaySpace moves closer to the Deel family with new branding yet the same people, dedication, and innovation.
One year after being acquired by Deel, PaySpace by Deel has officially transitioned into Deel Local Payroll, powered by PaySpace. This isn’t just a name change. It’s the realisation of the strategic vision behind Deel’s acquisition. PaySpace customers will continue to experience the same robust payroll platform, now amplified by Deel’s global brand. Deel customers can use payroll features right now. These features include instant Gross-to-Net calculations, shorter deadlines, and easier management of payroll across countries.
A legacy of expertise, now globally amplified
Deel Local Payroll, powered by PaySpace, brings over 20 years of payroll and HR expertise to the table. As a market leader in payroll technology, it offers flexible solutions for businesses of all sizes, from startups to enterprises like Heineken, Coca-Cola, and Puma Sports. The platform’s advanced, native payroll engine serves customers in 44 countries across Africa and the Middle East, boasting a customer base of over 15,000. Deel, a global employee and payroll management trailblazer, operates in over 150 countries, simplifying international HR and payroll complexities.
Seamless integration, enhanced capabilities
The 2024 acquisition aligns the award-winning Deel Local Payroll team and the cloud-native PaySpace platform with Deel’s global operations. Deel Local Payroll operates as an independent subsidiary and a self-service payroll product, complementing Deel’s global payroll offerings. The PaySpace calculation engine now powers Deel’s localized Employer of Record (EOR) and Global Payroll (GP) products in numerous countries, including the UK, South Africa, Canada, and the UAE, with ongoing localization efforts. Importantly, under the Deel brand, Deel Local Payroll will maintain the same dedicated team, support, and processes, ensuring a seamless transition for existing customers. The PaySpace platform, now the bedrock of Deel Local Payroll, features automatic legislative updates, robust integrations, extensive automation, and secure access across devices, including the Pacey WhatsApp employee self-service bot.
Building on a strong foundation
“When we founded PaySpace, we set out to create world-class payroll management that served all markets. Taking inspiration and lessons from our customers in Africa and leveraging cutting-edge cloud technologies, we built a true 21st-century payroll service that evolves with the needs of modern companies and their workforces. The rebranding from PaySpace to Deel Local Payroll allows for deeper integration with Deel, positioning us for continued success and growth. It’s a positive move, building on the strong foundation we’ve already established,” says Bruce van Wyk, CEO at Deel Local Payroll, powered by PaySpace.
The future of payroll innovation
The integration of PaySpace, now Deel Local Payroll, and its platform is a significant advancement for customers, showcasing the resilience and innovation of African tech. Deel, Deel Local Payroll, and the PaySpace platform will continue to drive innovation, delivering world-class payroll solutions to simplify and enhance payroll operations globally.