A global payroll problem inspired a young founder to build Deel—a $12B company helping businesses hire and pay talent anywhere in the world.

Deel CEO Alex Bouaziz told BI he considers product, people and tech when picking acquisition targets. On Thursday, Deel announced it acquired Assemble to boost its all-in-one HR platform capabilities.

In a corporate spying lawsuit alleging encrypted communications, under-the-table cryptocurrency payments and a secretive ...

The now-former employee, Keith O'Brien, wrote in an affidavit made public in an Irish court Wednesday that he was recruited as a corporate spy by Alex Bouaziz, Deel's founder and CEO.

Over time, Deel, led by its cofounder and CEO, Alex Bouaziz, bolted a wider variety of products onto its system, building them in-house and buying up small players in payroll and IT.

Some of the great startups were built in U.S., so they are going into the U.S. to hire workers. It's an amazing opportunity," Deel CEO Alex Bouaziz told CBS MoneyWatch.

Alex Bouaziz, CEO and co-founder of Deel, onstage at the Collision 2022 conference at Enercare Centre in Toronto, Canada.

For his work, O'Brien received a monthly payment of $6,000, mostly in cryptocurrency, he wrote. He also communicated with Philippe Bouaziz, Alex's father and Deel's CFO, he wrote in the affidavit.