Search results for Deel
Industry
Boomerang employees rise in U.S. job market after quitting and returning
So-called boomerang employees, who leave a company and later return, are drawing renewed attention in the U.S. job market. With hiring weakening, companies are turning to former staff whose performance and cultural fit have already been tested. Data cited show boomerang rehiring has risen since 2024, and their share of new U.S. hires edged up from late 2023 to late 2025. Executives said rehiring remains selective, mainly favoring top performers who left on good terms.
Crypto
Augustus raises $180 million led by Tiger Global, CEO says
Venture capital firm Tiger Global led a $180 million Series B funding round for banking startup Augustus, with Hummingbird, QED and founders of Nubank, Ramp, Circle and Deel also taking part. The company was valued at $1 billion. Augustus plans to use the funds to expand services for fintech firms and banks in Latin America, Southeast Asia, the Middle East and Africa. CEO Ferdinand Davitz said the company aims to improve access to dollars abroad.
Crypto
Stripe, Visa, Mastercard, Coinbase form alliance to issue new stablecoin, check Tether and Circle
Stripe, Visa, Mastercard and Coinbase are pushing to form a consortium to issue a new stablecoin, The Information reported, citing sources familiar with internal discussions. The report said the four companies are assembling the consortium to challenge the dominance of Circle and Tether, which it said account for 80 percent of the stablecoin market. The new stablecoin would comply with the Genius Act, a stablecoin regulation bill passed in the United States last year.