Deel, a global HR and payroll company, has extended its strategic investment in Alviere, the leading embedded finance platform provider. This collaboration aims to enhance U.S. payment solutions, offering international contractors faster and more streamlined payouts along with a wallet solution. Together, Deel and Alviere are set to become key innovators in the payroll and tax payments space.
Enhanced Compliance and Flexibility
- Deel’s partnership with Alviere ensures compliance and flexibility for U.S. payments.
- Integration of Alviere’s technology into the Deel platform offers a seamless HR and payroll experience.
- Alviere’s strong compliance reputation and proximity to payment rails provide more choices for U.S. workers.
Comprehensive Financial Solutions
- Alviere offers a range of financial products, including worker payouts, a wallet solution with virtual and physical cards, and Apple Pay capabilities.
- These solutions provide more choice and convenience for Deel customers and their teams, resulting in faster and more seamless payouts with lower fees.
Strategic Importance and Future Goals
- Philippe Bouaziz, CFO of Deel, highlights the need for compliant, fast, and flexible money movement in a global workforce.
- Alviere’s broad range of financial products supports global companies in hiring and paying employees in the U.S., completing Deel’s global payments coverage.
- Deel aims to accelerate job creation worldwide by offering easy payment solutions.
Leadership Insights
- Pedro Silva, Alviere co-founder and CEO, emphasizes the importance of the Deel solution in hiring, paying, and retaining key talent globally.
- The collaboration leverages Deel’s vision and Alviere’s capabilities to ensure security and compliance for international contractors.
The extended partnership between Deel and Alviere reinforces their commitment to providing innovative, compliant, and flexible payment solutions for international contractors in the U.S. This collaboration not only enhances the payroll experience but also supports the broader goal of enabling global companies to hire and retain talent effortlessly.
