PaySpace

Acquired

Local payroll, automated.

Business Model
B2B

About

PaySpace is a cloud-based payroll and HR platform serving more than 19,000 customers across 45+ countries, offering statutory compliance, automated tax calculations, and multi-currency payroll processing. Now operating as Deel Local Payroll after being acquired by Deel in 2024, it provides self-serve or fully managed payroll, integrated HR workflows including e-onboarding and WhatsApp employee self-service, and AI-assisted payroll support, serving enterprises such as PUMA South Africa and Cape Union Mart Group.

Summary

PaySpace is a Fintech company.

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Funding History

AcquisitionMar 2024

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