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FinTech news in remote hiring category

Recruiting startup Deel raised venture round of $50M at $12B valuation

Deel is an example of a company that was in the right place at the right time, aided by what appears to be strong execution. Remote hiring company Deel has raised $50 million at a $12 billion valuation, according to an Axios report.

Deel to allow customers to run payroll in crypto

If companies are operating primarily in crypto, Deel says, they don’t have to worry about paying any of the exchange fees to convert it into, say USD, before they pay their employees.