Latest news with #AlexBouaziz
Techday NZ
11-07-2025
- Business
- Techday NZ
Deel unveils AI payroll upgrades, new pay features for NZ staff
Deel has announced the release of a range of AI-powered features across its global payroll and HR platform, aiming to streamline onboarding, payroll, HR information systems, and overall client experience for businesses worldwide, including in New Zealand. The latest update introduces over 500 platform enhancements, each designed to simplify daily operations for global teams. These updates are part of the company's ongoing effort to build what it calls a more unified platform for global workforce management. AI integration and platform upgrades Key features announced include the integration of artificial intelligence throughout the platform, providing support from talent strategy and financial operations to compliance and employee support. With these improvements, Deel stated it can now better anticipate customer needs and reduce the amount of back-and-forth experienced by HR and finance teams. "Deel is evolving into the infrastructure layer for global workforce operations," said Alex Bouaziz, Co-Founder and CEO of Deel. "This latest product drop was all about listening to customers and removing friction, whether you're planning a hire in Brazil, running compensation reviews in Berlin, or onboarding a contractor in Nairobi, Deel understands what you need next. We're building the system of record for modern teams." Payroll and payment flexibility Among the main additions are new features targeting payroll efficiency and pay flexibility. The 'Anytime Pay' feature now allows eligible employees hired via Deel's Employer of Record (EOR) service to access a portion of their earned wages before the regular payday, with these payments automatically tracked and deducted, and no fees involved. This aims to help employees better manage their finances without affecting overall payroll operations. Other finance-related updates include the availability of virtual and physical expense cards in over 130 countries, giving employees more controlled and direct access to company funds. Payroll administrators can now adjust pay cycles directly within the platform, and new visual payslips provide clearer breakdowns of each pay run for employees. AI-driven hiring and workforce planning The update extends to hiring processes, with a Visa Eligibility Tool leveraging Deel AI to quickly assess work permit pathways in more than 50 countries, potentially reducing legal processing times. Additionally, a new Global Hiring Insights feature helps customers identify suitable hiring locations based on criteria such as compliance complexity, costs, and time zone alignment. For organisational planning, the platform now supports scenario modelling to facilitate budget-based growth forecasts and hiring strategies, and a Salary Planning feature that allows for compliant, global compensation reviews managed within the system itself. Support and compliance enhancements Support services are expanded through an AI-powered Knowledge Hub, delivering immediate, country-specific HR and compliance information, as well as over 200 AI Walkthroughs - step-by-step, in-platform guides for handling complex tasks. A new Support Inbox centralises support ticket management for HR, finance, and employees. Shannon Karaka, Country Lead for Australia and New Zealand at Deel, commented on the regional context: "Australian and New Zealand businesses have the global talent pool at their fingertips." "Gone are the days that local businesses were disadvantaged by the tyranny of distance. The companies that can see the benefits of tapping into international talent pools will reap the benefits – not only in being able to attract a whole new cohort of staff, but by ensuring their workplace is at the cutting edge of innovation and efficiency." "This is exactly what we mean by 'the future of work' – but the future is available right now," Mr Karaka said. New Zealand employee attitudes towards payroll Data from a survey of 750 employees across New Zealand conducted in April 2025 sheds light on local workforce preferences relevant to Deel's latest features. More than half (54%) of respondents receiving fortnightly pay expressed a desire for more frequent payments; this proportion rises to 69% among those paid monthly. The survey found that more than 80% of respondents used some form of financial support, such as savings, loans, or pay services, between pay periods in the past year. 70% reported having used 'Earned Wage Access' services - which enable early access to earned wages - highlighting potential demand for Deel's new Anytime Pay functionality. Understanding payslips and pay deductions remains an area for improvement, with 61% of employees seeking more assistance to understand how their pay and deductions are calculated. The need for clarity is most pronounced among 25–35-year-olds, 69% of whom requested more information. While confidence in explaining pay deductions remains high in older demographics, with 98% of those over 66 feeling confident, this figure falls to 71% among those aged 18–24. Deel currently reports serving over 35,000 businesses worldwide, processing more than USD $11 billion in annual payroll, and recently achieving a USD $1 billion annual revenue run rate.
Scoop
08-07-2025
- Business
- Scoop
Deel Supercharges Platform With Built-In Artificial Intelligence, Pay Flexibility, And Global Hiring Tools
9 July 2025, Deel, the leading global payroll and HR platform, has introduced a major wave of AI-powered features in its quarterly product showcase, The Deel Drop: Summer Edition. The update includes more than 500 improvements across onboarding, payroll, HRIS, and client experience, focused on simplifying day-to-day operations for global teams. Deel's all-in-one platform now embeds intelligence at every step, from talent strategy and financial operations to compliance and support. This quarter, the company introduced new capabilities that anticipate customer needs, reduce back-and-forth, and help organizations make better decisions about how and where to scale. At the same time, it continues to reduce operational friction through self-serve payroll features, built-in financial tools, and clearer HR workflows for global teams. Payroll and Finance Flexibility Anytime Pay: Deel now lets eligible EOR employees access a portion of their earned pay before payday, without fees, automatically tracked and deducted with zero impact to payroll operations. Expense Cards:virtual and physical cards available in 130+ countries give EOR employees access to company funds with tight spend controls. Self-Serve Payroll Calendar & Redesigned Payslips: Admins can now adjust pay cycles in-platform and employees get clear, visual breakdowns of every pay run. Smarter Global Hiring Visa Eligibility Tool: Deel AI now helps companies instantly assess work permit paths across 50+ countries, saving weeks of legal back-and-forth. Global Hiring Insights: With just a few inputs, customers get ranked country recommendations based on time zone overlap, cost, and compliance complexity. Workforce Planning Becomes Proactive Scenario Planning: Teams can now model org growth and hiring options based on budget, region, or business objectives. Salary Planning: Run compliant, global review cycles with built-in guardrails, budget control, and manager approvals, no spreadsheets required. AI-Powered Support and Compliance Knowledge Hub: Hiring managers, admins, and employees now have instant access to up-to-date guidance for 150+ countries, embedded right in the platform. Deel AI Walkthroughs: Over 200 in-product walkthroughs now offer dynamic, contextual help for complex tasks. Support Inbox: Customers can now manage support cases across teams, with a unified view for HR, Finance, and employees. "Deel is evolving into the infrastructure layer for global workforce operations," said Alex Bouaziz, Global CEO of Deel. "Deel is evolving into the infrastructure layer for global workforce operations," said Alex Bouaziz, Co-Founder and CEO of Deel. "This latest product drop was all about listening to customers and removing friction, whether you're planning a hire in Brazil, running compensation reviews in Berlin, or onboarding a contractor in Nairobi, Deel understands what you need next. We're building the system of record for modern teams." Shannon Karaka, Country Lead, Australia & New Zealand, Deel, said:'Australian and New Zealand businesses have the global talent pool at their fingertips. 'Gone are the days that local businesses were disadvantaged by the tyranny of distance. The companies that can see the benefits of tapping into international talent pools will reap the benefits – not only in being able to attract a whole new cohort of staff, but by ensuring their workplace is at the cutting edge of innovation and efficiency. 'This is exactly what we mean by 'the future of work' – but the future is available right now,' Mr Karaka said. The Deel Drop: Summer Edition follows The Big Deel launch in April and supports Deel's mission to build the most unified platform for global work. Deel recently announced that it achieved a $1 billion annual revenue run rate in the first quarter of 2025. The global payroll and HR leader now serves over 35,000 businesses worldwide, and processes more than $11 billion in annual payroll. About Deel Deel is the all-in-one payroll and HR platform for global teams. Built for the way the world works today, Deel combines payroll, HRIS, compliance, benefits, performance, and equipment management into one seamless platform. With AI-powered tools and a fully owned payroll infrastructure, Deel supports every worker type in 150+ countries—helping businesses scale smarter, faster, and more compliantly. Discover how Deel makes global work simple at
Axios
06-06-2025
- Business
- Axios
Deel and Rippling's espionage fight keeps escalating
Deel and Rippling are scheduled for a California court hearing in September, to begin hashing out their dueling charges of corporate espionage. Until then, it seems the HR software unicorns plan to keep escalating. The latest: Rippling yesterday filed an amended complaint against Deel, which includes claims that Deel also illicitly targeted four other competitors (only one of which was named). It also gets more explicit in accusing Deel CEO Alex Bouaziz of orchestrating the alleged plot, and adds a RICO charge with references to the defendants as part of a "criminal syndicate." Catch up quick: This comes just days after Deel filed its own amended complaint, having countersued in April, alleging that a Rippling employee impersonated a Deel customer to access some of Deel's systems. There are some parallel legal proceedings in Ireland, which could impact the California timeline. Why it matters: There's a ton of venture capital at stake. Deel has raised $680 million, most recently in 2012 at a $12 billion valuation. Rippling has raised $1.85 billion, most recently last month when it raised $450 million at a $16.8 billion valuation (with a $200 million tender to follow). Why it matters less: This fight doesn't seem to be hurting either company in the eyes of customers or investors. Deel recently announced that it surpassed a $1 billion revenue run rate in Q1 2025, plus 75% year-on-year revenue growth between April 2024 and April 2025. It's also been profitable for the past three years, and the board continues to support Bouaziz. Rippling remains unprofitable, but did just manage to score that new funding. One source close to Deel suggests that the rivalry is more intense in court than in the marketplace, arguing that Deel focuses more on companies with global workforces whereas Rippling targets startups and other companies that are predominantlydomestic. There is overlap in both areas, as the lawsuits have shown, but it's not constant.
TechCrunch
05-06-2025
- Business
- TechCrunch
Rippling calls Deel ‘a criminal syndicate' and claims 4 other competitors were spied on, too
The fight between HR tech startups has heated up another notch this week as Rippling on Thursday filed an 84-page amended complaint in its lawsuit against Deel. The complaint accuses Deel of targeting, infiltrating, and compromising four other competitors, in addition to Rippling. The revised complaint doesn't name all of the four other alleged victims, except cryptocurrency-based tax and payroll compliance company, Toku. Toku is suing its competitor LiquiFilegal also alleging corporate espionage, and that Deel was involved. The complaint alleges that 'Victim-3 is a startup accelerator that previously partnered with Deel.' The complaint doesn't name, or even imply, who that is. (Y Combinator backed both Rippling and Deel but there's no indication this refers to the VC firm. YC has not yet responded to our request for comment.) The complaint also vaguely says that there are one or more additional victims who are 'one or more major competitors of Deel' in the employer of record market. A source familiar with the investigation believes that more witnesses will soon come forward at these other companies to offer details. (Deel did not immediately comment. We will update this story with its response once it does.) Rippling's amended suit also alleges that Deel's CEO Alex Bouaziz was the direct mastermind of it all, sharing screenshots of messages as its evidence. And, although this is a civil suit, Rippling is now implying that this could be a criminal matter. 'This case is about a criminal syndicate that operated from the shadows of a multibillion-dollar technology company – Deel,' the complaint reads. Rippling's amended lawsuit is now suing Deel under the federal RICO statute, as well as the Defend Trade Secrets Act, and California state law. The lawsuit directly names Alex Bouaziz, his father Philippe Bouaziz who is chairman and chief financial officer, and Deel's chief operating officer Daniel Westgarth. It's important to note that the lead attorney for Rippling is Alex Spiro of white-shoe law firm Quinn Emanuel. Spiro is a former prosecutor for the Manhattan District Attorney's Office. (He's well known in the legal world, and has his own Wikipedia page.) Using words like 'criminal syndicate' in a civil case would be a deliberate choice. According to the source familiar with the case, federal prosecutors are now actively looking into the allegations against Deel as well. An investigation, however, is not a conviction. But should charges be filed, Rippling is doing its best to set up Bouaziz himself as one of the people responsible. The complaint even goes so far as to repeatedly use the colorful language 'the Bouaziz Racketeering Enterprise.' Other than that, much of the amended complaint reiterates what Rippling has already alleged. To recap: a Rippling employee confessed to being a paid spy for Deel in an Irish Court, in an affidavit that reads like a Hollywood movie. The employee admitted in court to taking sales leads, product roadmaps, customer accounts, names of superstar employees, and whatever other information was asked for. The employee was caught in a Rippling-set honeypot, both he and Rippling say. Rippling is suing Deel, alleging misappropriation of trade secrets, tortious interference, unfair competition, and more, largely based on the spying allegations. Deel has counter-sued in a case that is less about denying Rippling's charges and making a bunch of its own claims about Rippling. For instance, earlier this week, Deel filed an amended lawsuit that claimed that Rippling was spying on Deel by having an employee 'impersonate' a customer to obtain non-public product information. Grab some fresh popcorn. This battle between arch rivals shows no sign of slowing.
Independent Singapore
04-06-2025
- Business
- Independent Singapore
Deel reaches $1B revenue run rate in Q1 2025; Singapore revenue growth surges 75% YoY
Photo: Facebook/Deel SINGAPORE: Deel reached a $1 billion revenue run rate in the first quarter of 2025 (Q1 2025), just six years after it was founded, and has continued to grow in April and May. Notably, in Singapore alone, the payroll and HR company's revenue grew 75% year-on-year, according to the company's press release on Tuesday (June 3). From April 2024 to April 2025, Deel's revenue grew 75% YoY. Its HR and payroll products also surged to a 164% YoY growth. The company has been profitable since Q3 2023 and achieved double-digit earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin growth in Q1 2025. Anish Acharya, General Partner at Andreessen Horowitz and Board Member at Deel, said, 'When I first met Deel, there were 10 people with a big idea, and now they're powering global teams at a massive scale.' Deel CEO and co-founder Alex Bouaziz said the milestone reflects the trust their customers have placed in the company. 'From day one, we believed the future of work demanded a new kind of infrastructure — one that was global, flexible, and obsessed with quality. We're proud of this milestone, but we're even more excited about what's next. Our work has only just begun,' he added. Mark Samlal, Deel's General Manager for Asia Pacific, added, 'Surpassing the $1 billion run rate is not just a global milestone for Deel, but a testament to the trust and momentum we're seeing across Asia-Pacific.' 'As businesses here [in Singapore] continue to expand internationally and embrace new ways of working, Deel remains committed to empowering them with the infrastructure and expertise needed to build truly global teams with confidence and speed.' Deel has a customer base of over 35,000 companies and 1.25 million workers across more than 150 countries. Its clients include major firms such as Klarna, BCG, and /TISG Read also: Telegram set to get US$300M and half of xAI revenue from Grok chatbot deal, 'pending formalities'
