Partnership further bolsters flexibility, speed, and compliance of payments experience
Alviere, the leading embedded finance platform provider, announced that global HR and payroll company Deel has extended its strategic investment with its company to empower U.S. payments. The partnership further bolsters Deel’s commitment to unrivaled compliance and flexibility for international contractors in the U.S., giving them faster and more streamlined payouts and a wallet solution. Together, Alviere and Deel aim to become a key innovative solution in the payroll and tax payments space.
Alviere’s technology and compliance program has already been integrated into the Deel platform, giving Deel customers and their teams a seamless HR & payroll experience. Alviere’s strong compliance reputation, being closer to payment rails, and giving U.S. workers more choices in this new era of global work are the main reasons Deel chose Alviere.
As a regulated financial institution, Alviere prioritizes compliance, security, and fraud prevention, providing Deel with an added layer of KYB/AML review.
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Deel’s solution with Alviere further empowers workers to work the way they want to and get paid the way they prefer. Alviere’s comprehensive set of financial products – from worker payouts, to a wallet solution with a virtual and physical card attached — including Apple Pay capabilities — mean more choice and convenience for Deel customers and their teams. It also means faster and more seamless payouts with lower fees.
“Moving money around in a compliant, fast, and flexible way isn’t easy, but today’s increasingly global workforce demands easy solutions,” said Philippe Bouaziz, CFO of Deel. “Alviere’s strong compliance and breadth of financial products make it more seamless for global companies to hire and pay in the U.S., and this partnership completes our global payments coverage. This is an important focus for Deel as we aim to accelerate job creation for companies worldwide.”
Alviere co-founder and CEO, Pedro Silva, emphasized the critical nature of the Deel solution, “We’re excited to be working with one of the world’s most innovative HR and payroll providers. The combination of the Deel vision and our capabilities allows companies worldwide to more easily hire, pay, and retain key talent — all with the utmost security and compliance.”
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