Revolut Moves Into Employer of Record, Setting Up a Direct Challenge to Deel

Hey FinTech Fanatic!

Revolut is getting close to launching GlobalHire, its Employer of Record service, with a standalone app expected to go live soon.

GlobalHire will allow companies to hire talent in 160 countries without setting up local entities. Revolut acts as the legal employer, handling payroll, benefits, tax, and local compliance.

The goal is simple: remove friction from global hiring. And yes, this puts Revolut squarely into territory already dominated by players like Deel.

Revolut first signaled this move around ten months ago. Back in April 2025, Revolut was briefly drawn into the public dispute between Rippling and Deel, highlighting just how competitive the Employer of Record space has become.

From Revolut to Deel: a conversation worth watching 👇

Before you move on, I want to highlight a conversation that fits perfectly with today’s news.

I recently watched this interview with my friend Dan Westgarth, COO of Deel, hosted by Miguel Armaza, whom I’ve had the chance to meet a few times. Dan previously worked at Revolut, which makes the timing of this conversation particularly interesting.

If Revolut is stepping into Deel’s arena, this interview is essential context...

You can watch the full conversation here 👇

Curious where FinTech is heading next? Dive into today’s updates 👇 I’ll be back next week with more stories shaping the FinTech industry.

Cheers,

Marcel

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