--- title: Deel acquires Africa’s PaySpace, says it’s crossed $500M... description: Deel has acquired African-based payroll and HR software company PaySpace, marking its largest acquisition to date. PaySpace has over 14,000 customers in 44... canonical: https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR | daily.dev og:description: Deel has acquired African-based payroll and HR software company PaySpace, marking its largest acquisition to date. PaySpace has over 14,000 customers in 44... og:url: https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5 og:image: https://api.daily.dev/og/posts/Lnh8WZuJ5.png og:image:alt: Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments ## Summary Deel has acquired African-based payroll and HR software company PaySpace, marking its largest acquisition to date. PaySpace has over 14,000 customers in 44 countries, and the acquisition strengthens Deel's footprint in Africa. Deel also announced that it has crossed $500 million in annual recurring revenue (ARR). ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#acquisition](https://daily.dev/tags/acquisition), [#fintech](https://daily.dev/tags/fintech), [#hr](https://daily.dev/tags/hr), [#startup](https://daily.dev/tags/startup) [View this post on daily.dev](https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR","url":"https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5"},"datePublished":"2024-03-05T08:21:50.457Z","dateModified":"2026-03-15T02:55:52.375Z","description":"Deel has acquired African-based payroll and HR software company PaySpace, marking its largest acquisition to date. PaySpace has over 14,000 customers in 44...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/09eefbd4e3eba8958a706e9840d44a9d?_a=AQAEufR","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/09eefbd4e3eba8958a706e9840d44a9d?_a=AQAEufR","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/deel-acquires-africa-s-payspace-says-it-s-crossed-500m-in-arr-lnh8wzuj5","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"acquisition,fintech,hr,startup","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR"}]} ```