Deel Stock

Today global HR company Deel expands its immigration service on-platform, giving more companies the ability to hire and move teams to other countries in the world. Now, businesses looking to relocate people can use Deel's self-service tools to streamline the immigration process in over 25 countries, including the United States, Canada, and Brazil. Deel can also sponsor and handle the whole visa process in 25 countries, to help companies hire with a fraction of the time, cost, and resources.

Global payroll provider Deel plans to provide $120 million of its own cash off its balance sheet to support startups’ payroll operations in the wake of Silicon Valley Bank shutting down.

The HR fintech company is also unveiling new HR software to compete with rivals like Rippling—and giving it away for free.