Thera, a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll management for businesses with international teams. The platform

Fast-growing payroll provider Deel has acquired Hofy, a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. This strategic move aims to integrate Hofy's services into Deel