Deel, a global platform for compliant hiring, onboarding, and payroll processing, has launched in Nigeria.
The all-in-one global payments platform’s launch in Nigeria puts Nigeria as its headquarters, from which it will expand into other West African countries.
Deel is a global one-stop shop for hiring and paying people from all over the world. Companies have realized that they need the necessary tools to continue to scale as the global remote workforce grows, which has been hastened by the pandemic. Deel automatically connects local compliance and payments.
Deel was founded to assist businesses in employing anyone, anywhere, in a compliant manner, by hiring and onboarding foreign employees or contractors in a matter of minutes, without the need for a local corporation.
Deel aspires to be a vital part of any worldwide business’ success story by providing the tools needed to expand and scale as the world becomes more remote.
In Nigeria, there is a huge competitive and global startup boom, and Deel is expected to assist these businesses reach their full potential. From compliantly hiring across countries to paying remote team workers worldwide.
“The pandemic has drastically changed the way we work and opened up opportunities for businesses to hire talent wherever they are based. Deel’s timing for expanding into Nigeria/West Africa is perfect. Deel is well-equipped and prepared to support Nigerian businesses and the respective talents that reside here. We will help businesses cost-effectively scale in new markets while helping workers gain access to more opportunities to showcase their expertise and skills across the globe. It is a win-win for everyone, everywhere.” Head of Expansion for Deel West Africa, Mr. Ayotunde Adeyemi said.
Speaking about the expansion plan, Deel CEO, Alex Bouaziz, said: “Nigeria is a key market for Deel. There are tons of talented people and notable companies building world-changing products there. We are also starting to see great investors sweeping in and allocating funding to focus specifically on Nigeria and surrounding territories. The boom is coming.
With Nigeria prominently on Deel’s radar, we intend to outfit businesses with one platform to make global payroll limitless. Deel enables companies to cut operational costs.”
According to Adeyemi, Deel is trusted by over 3,500 companies around the world to manage their payroll and compliance, and thousands of employees and contractors are paid through their system. Deel also plans to continue to develop and help Nigerian businesses, from startups to huge corporations.
Adeyemi said that as a global company, Deel had a good understanding of local regulations in various countries and would use that knowledge to onboard the most qualified workers as well as settle local taxes and other remittances in the most transparent manner on behalf of both the employer and the employee.
Businesses may now hire independent contractors and full-time employees in over 150 countries, compliantly and in minutes, thanks to a tech-enabled self-serve approach. Deel lets any firm to compliantly develop, sign, and distribute localised contracts from a library of templates with over 250 legal, accounting, mobility, and tax professionals as partners.