Case Study: bunq saves over 20% in local setup costs with Deel Global Payroll

How bunq runs payroll compliantly in 5 countries with Deel Global Payroll

bunq, the European neobank serving digital nomads, needed a faster, more compliant way to manage payroll and hiring as it expanded into new markets. With teams spread across countries, using multiple local providers created complexity, scattered data, and added costs, so it looked for a single global partner. Deel, using its Global Payroll, EOR, and Contractor services, fit that need.

Deel implemented an all-in-one platform that let bunq streamline payroll, hiring, and onboarding across five countries where it has entities, while also supporting fast hiring without local entities where needed. As a result, bunq saved 30% of time on payroll and HR processes and reduced local setup costs by more than 20%, while improving compliance and consolidating reporting and administration through Deel.

bunq

Luc de Ridder

Talent Acquisition Lead