Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR
Deel is on an acquisition march. On Tuesday, the HR startup announced it is acquiring African-based payroll and HR software and services company PaySpace in a deal that marks its largest acquisition to date.
The move comes less than one week after Deel announced it had picked up Munich-based Zavvy, an AI-based “people development” startup building tools for personalized career progression, training and performance management.
Financial terms of the PaySpace acquisition were not disclosed.
Johannesburg-based PaySpace…