Deel, a compliance and payroll provider, has acquired PaySpace, a payroll and HR software company based in Africa.

Through this acquisition, Deel aims to enhance its payroll and HR service offerings across Africa and beyond, incorporating PaySpace's advanced technology and extensive customer base into its operations. Deel is expanding its enterprise presence and expects PaySpace to contribute to this effort, aiming to increase its customer base. 

PaySpace operates as a cloud-based payroll and HR platform. It serves over 14,000 customers across 44 countries, including companies like Heineken and Coca-Cola.