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PaySpace, which was bootstrapped more than a decade before last year raising money from Netcash, claims to have 14,000 customers in 44 countries. No financial terms were disclosed, although sources put the price tag at above $100m.
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“We were their customer, running payroll in 10 countries using PaySpace,” Bouaziz said in an interview with TechCrunch. “Our internal team was dying to acquire them and have the ability to do on the spot calculations. Theirs is one of the best technologies we’ve ever seen … We had to do a lot of convincing.”
https://techcrunch.com/2024/03/05/deel-acquires-payspace-500m-arr/
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