We’re excited to share a major milestone in Deel’s journey: we’ve been granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investments Commission (ASIC).

This is a huge moment for Deel and our customers in Australia and across the world. It means we can now deliver regulated financial services directly through our Australian entity. We will offer a faster, more reliable service that’s fully aligned with local compliance standards.

Why this matters

Earning an AFSL isn’t easy. It’s the result of an intensive 12 month process, working closely with regulators to demonstrate that our compliance framework, operational processes, and expert teams meet some of the world’s strictest compliance standards.

This achievement sends a strong message to our customers and to the market that Deel is serious about building a world-class payroll and HR platform for global work.

What the AFSL unlocks for our customers

With this licence, Deel can now:

• Offer a broader range of financial products directly from our in-house team in Australia. Future offerings may include features such as the ability to split income across multiple bank accounts, send money to friends and family locally or overseas and pay bills, all from the Deel platform.
• Move faster and design better customer experiences across payroll, payments, and compliance
• Build with confidence, knowing we’re aligned with local regulatory standards
• Deliver greater transparency and control across the entire payment and servicing chain

In short: this licence gives us the ability to go deeper, build in new product areas, and better serve our customers.

Building trust through compliance

For companies operating globally, especially in highly regulated industries, compliance isn’t optional — it’s essential. The AFSL adds to Deel’s owned infrastructure and global financial licences in the US, Canada, UK, Belgium and the European Economic Area.

This achievement demonstrates Deel’s deep commitment to quality and trust. We know that customers are placing critical parts of their business in our hands, and we don’t take that lightly. Obtaining an AFSL from one of the world’s most respected regulatory environments signals that Deel is meeting — and exceeding — the bar for financial compliance and delivering reliable, high-quality solutions for businesses of all sizes.

What’s next?

This is just the beginning. As we continue to scale our fintech products globally, having local licences gives us the flexibility and control to build faster and serve better — no matter where our customers are.

We’re incredibly proud of this achievement and grateful to the teams (and regulators!) who helped us get here. It’s a major step forward in our mission to power the future of global work.