Wharton FinTech Podcast

Dan Westgarth, Deel COO - Accelerating Global Hiring of Anyone, Anywhere


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In today's episode, Ally McCloskey sits down with two-time guest Dan Westgarth, COO at Deel. Deel makes growing remote and international teams effortless by simplifying international hiring, compliance, and payments all on one platform. This means businesses can hire anyone, anywhere as independent contractors or full time employees compliantly, in minutes, and with the ability to pay them in over 120 currencies and cryptos starting with USDC. The company has raised over $631mm from the likes of a16z, Spark Capital, Y Combinator, Coatue, Elad Gil, Nat Friedman, Alexis Ohanian, Daniel Gross, and others, most recently closing their $425mm Series D this past October.
Dan joined Deel in 2020, after spending what he calls his "postgraduate education" at Revolut. For more on that chapter of his life, check out the link below to his 2019 WFT Podcast debut.
In this conversation, Ally and Dan discuss:
• Dan's time at Revolut and his lessons learned leading the early U.S. expansion
• Meeting the founders of Deel and building conviction that they'd be the team to tackle global hiring and payroll
• How Deel replaces long email chains, generic contracts, individual wire transfers, and foreign subsidiaries and instead enables quick and compliant hiring of employees living anywhere in the world
• The effects of the pandemic on demand for foreign talent
• How Deel thinks about company culture when it has 450 employees working in more than 50 countries
• Why Dan values investor diligence as it relates to his own technical operations
• And a lot more
About Dan (twitter.com/Dan_Westgarth)
Fintech enthusiast Dan Westgarth currently serves as Chief Operating Officer at Deel, where he manages Deel's Business, Operations, Legal, and Compliance teams. Before joining Deel, Dan was one of challenger bank Revolut's earliest employees, most recently in the role of General Manager for North America. Outside of his day to day at Deel, Westgarth spends his time making early-stage angel investments into interesting technology companies and helping them scale.
Dan's 2019 WFT Podcast debut: https://soundcloud.com/wft/dan-westgarth-north-america-general-manager-for-revolut
About Deel
Deel is a global payroll solution that helps businesses hire anyone, anywhere. Using a tech-enabled self-serve process, companies can now hire independent contractors or full-time employees in over 150 countries, compliantly and in minutes. Today, Deel serves 6,000+ customers from SMBs to publicly traded companies, including Coinbase, Shopify and Dropbox, among others, and just recently announced that customers can now fund their payroll in crypto. For more on its journey, check out What's the deal with Deel?
--
As always, for more Fintech insights and opportunities to collaborate, please find us below:
WFT Blog: medium.com/wharton-fintech
WFT Twitter: twitter.com/whartonfintech
WFT Home: www.whartonfintech.org
WFT LinkedIn: www.linkedin.com/company/wharton-fintech-club/
Suggest a Podcast Guest: airtable.com/shrdbokQPxAJzgVh7
Ally's Twitter: twitter.com/AllyMcCloskey
Ally's Linkedin: linkedin.com/in/allyraemccloskey/
...more
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