Deel, a renowned all-in-one payroll and HR platform for global businesses, has made a significant move by acquiring UK-based money transfer service Atlantic Money. This acquisition is set to bring about a series of positive changes and enhancements in the financial landscape.
Revolutionizing Global Business Payments with Deel's Acquisition
Strengthening Payments Infrastructure in Europe
After the announcement, Deel's payments infrastructure in Europe is set to receive a significant boost. By integrating Atlantic Money's fintech expertise, Deel can offer more efficient and secure payment solutions to its clients. This integration allows for a seamless combination of Atlantic Money's optimized money transfer services with Deel's comprehensive platform. It provides businesses with a one-stop solution for all their payroll and HR needs, along with reliable payment services. For example, businesses can now easily manage employee payments across different countries and regions, ensuring timely and accurate disbursements. This not only simplifies the payment process but also reduces the risk of errors and delays.Moreover, the acquisition enables Deel to comply with the regulatory requirements and laws of the industry more effectively. By working together, the two companies can ensure that all financial transactions are carried out in accordance with the relevant regulations, providing peace of mind to both businesses and users.Combining Expertise for Enhanced Customer Experience
Atlantic Money was developed to offer an optimized, secure, and affordable money transfer solution. By joining forces with Deel, the firm can leverage Deel's comprehensive platform and combine it with its own efficient approach to financial services. This combination is expected to improve the overall financial ecosystem for global businesses. Customers will benefit from an enhanced and secure money transfer experience, with faster transaction times and lower fees.For instance, Deel will continue to focus on making running a business easier and safer. This includes optimizing the way workers make global payments securely and efficiently. Atlantic Money will work with Deel to share insights and develop technologies that specifically address the needs of companies managing workforces on an international scale. Clients and customers can rest assured that their accounts, transfers, and security will remain intact throughout the process.Furthermore, the companies will combine their suite of solutions and expertise to accelerate the development of the overall financial landscape. By working together, they can bring together the best of both worlds and offer customers an optimized experience. This includes integrating payment systems, streamlining processes, and providing innovative financial solutions that meet the evolving needs of global businesses.READ MORE