Aspire, the Singapore-based fintech firm, announced Tuesday a category-defining partnership with Deel, the United States-based payroll and human resource platform, to bring Deel’s Employer of Record infrastructure directly into Aspire.
Together, the two platforms give businesses a seamless way to hire, pay, and manage teams across borders with greater speed, clarity, and control, the duo said in a statement.
The partnership reflects the growing demand from global businesses for integrated workforce management tools and internationally compliant infrastructure.
Aspire’s data shows that 63 percent of businesses employ or plan to employ staff outside their country of incorporation—most starting with small overseas teams of one to three employees, but with a growing share scaling to larger, multi-market workforces.
By combining Aspire’s unified financial stack with Deel’s EOR technology, the collaboration solves a core challenge for scaling companies: gaining access to global talent while navigating complex employment regulations, tax requirements, and cross-border compliance.
Aspire clients can now tap into Deel’s proven compliance infrastructure, unlocking a fully connected system to manage a multi-market workforce.
As Aspire continues to scale its international operations, this partnership builds on strong financial momentum cementing the company’s position as the financial choice for high-growth, multi-market businesses.
“At Aspire, our mission is to give global startups a single, connected financial stack that removes friction without compromising on reliability or compliance,
“We chose Deel for the strength of its infrastructure and its demonstrated ability to operate consistently across complex regulatory environments at global scale. This partnership reflects our shared commitment to giving founders the solid foundations they need to expand confidently into new markets,” said Andrea Baronchelli, Chief Executive Officer and Co-Founder of Aspire.
Key benefits of the partnership include all-in-one platform, multi-currency financial infrastructure for global teams, and real-time insights and reporting.
The Aspire-Deel partnership creates a single source of truth for global teams, bringing together financial operations with compliant hiring and workforce management.
While Deel manages compliant EOR services, Aspire provides the treasury and foreign exchange (FX) capabilities businesses need to operate globally, including local business accounts, cross-border payments, and cash flow management.
The duo will also provide unified EOR and financial data that delivers a complete view of global workforce costs, budgets, and cash flow, enabling faster, data-driven decision-making across finance and human resource teams.
“Too often, companies are forced to manage global hiring and financial operations as separate systems,
“By connecting our employment and compliance infrastructure with Aspire’s financial platform, founders gain a clearer understanding of how hiring decisions translate into financial impact,” said Ryan Freeman, Global Head of Partnerships at Deel.
He added this partnership moves global teams toward a more transparent, controlled, and sustainable model for international growth.
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