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SigmaRemote — Give your global team better payroll for 70% less than Deel
Compliantly hire and pay contractors in 180+ countries for 70% less than Deel with SigmaRemote. Give your team financial security through USD savings, stock investments, crypto options, and affordable local transfers.
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Replies
Kevin Jaspal
Maker
📌
Hey Product Hunt! After running multiple remote teams, I've had my share of painful lessons. The biggest? Watching incredible international talent struggle with unfair payment systems that eat up to 5% of their earnings, while my companies burned cash on expensive platforms like Deel.
We built SigmaRemote to change this. Our goal? Empowering remote-first businesses and their global talent, especially in regions where traditional solutions fall short. 🚀
Here's what we're giving international workers:
1️⃣ USD savings account powered by Wells Fargo
2️⃣ 8+ payment methods (stablecoins included!)
3️⃣ Access to U.S. stocks and ETFs
4️⃣ Real local health insurance (not just travel insurance)
5️⃣ Help with retirement planning and social security
For companies? Just $12 / month per contractor - 70% less than Deel. We handle everything from compliance to background checks, with W-8BENs and IRS reporting on autopilot.
While we're available worldwide, we're especially proud of our comprehensive coverage in Latin America and Africa, where most platforms offer bare-minimum solutions that don't match local needs.
This is the platform I wish I had for my previous remote teams. One that doesn't just move money, but helps the new generation of global talent build their financial future.
Would love your support in making global work more equitable! 🌎
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@kevinjaspal 😦 - Deel will hate you for this.
We're a remote-first team as well, his is sooo good! Keep it up!
@kevinjaspal SigmaRemote is an impressive solution that significantly reduces hiring and payment costs for contractors while providing valuable financial benefits!
Maker
@rick_fan Thank you for your support! 🎉 It is truly inspiring to be part of such a supportive and forward-thinking team, especially as a worker from LATAM who understands the real challenges remote workers face. Here’s to making global hiring and finance simpler and more inclusive!
Maker
@rick_fan Thank you so much Rick! Our ultimate mission is to provide access to a stable financial system for individuals globally to be able to safely store, and grow their wealth!
Maker
@rick_fan Thanks Rick! Financial security for global workers is at the core of our mission. For too long payroll platforms have only focused on the needs of businesses and not of the people getting their money through them. We hope to change that!
Maker
@besart_copa thanks for the support! Excited to see where this new chapter takes us! 🎉
Maker
@besart_copa Thanks for your support Besart! You have been giving us a lot of great startup advice, and we will always appreciate it!
Maker
@sentry_co Hi André! We charge $12/mo for contractors. If you use the code PH20OFF you'll get 20% off for the first 3 months!
Maker
@sentry_co Hey André! Super nice to get your message. Our goal is to make a different for international contractors by giving them access to financial services they might not otherwise have.
There are a lot of ongoing compliance and international regulations to meet when doing transactions, however we wanted to make this super affordable for businesses so that as many contractors as possible can have access to the product!
Thank you so much for your support and consider me a resource for you and your team!
I don't like the team at Deel plus I have an S-corp so I'll likely go with Sigma remote or the other one from the UAE
Maker
@kingromstar Thank you! We’re here to make remote hiring smoother and more accessible for companies worldwide. Definitely reach out anytime you’re ready to give us a try! 🚀💰
Maker
@kingromstar Hey Rami! We can absolutely onboard you. Please book a demo on our website https://www.sigmaremote.com/contact
Thanks!
Love this. Managed a payroll across multiple geographies and it's always been a mess to pay people (especially given how costly some of the other platforms are). Keep up the work team!
Maker
@neelpopat Appreciate the support! Our mission is to make things more manageable and affordable—without the extra fees. Excited to simplify things for teams! 💼🌍
Maker
@neelpopat Hi Neel! The pricing of existing platforms doesn't really make sense if you are an SMB or even a large enterprise. That's why besides just innovating in tech, we also had to come up with new business models that could make the whole equation work for everyone. We are proud of our affordable pricing and a great experience for both businesses and workers.
Thank you so much for your support!
Congrats on the launch. Do the contractors have the ability to use the funds in their country in their local currency, or will they have to figure out how to move it from a US bank account. I think depositing to their foreign account would be ideal, but not sure if there would be challenges with that.
Much needed—what would you is the most value add feature at sigmaremote if I’m go jump ship from my current provider?
Maker
@prags_mugunthan Hey Prags! Well, it's not a feature per se but our platform is so good for international workers, that you will definitely increase your staff retention.
Looks great! Is Deel expensive because they're a large company now or because they had no competition?
Maker
@rohan_arun1 Thank you Rohan! Well, let's just say that we can offer a better price because we have other ways of making money. That's why we focus so much on giving a lot of value to not only the businesses, but also to their workers.
Maker
@rohan_arun1 Thank you so much Rohan! Great question, our mission is to increase the GDP of Remote Work and provide access to the U.S. financial access to people globally. We know Deel quite well and there is a lot of waste in the payment stack. We're focused on staying lean, relying on more modern financial infrastructure as our backbone AND giving as many contractors as possible access to this system.
Maker
@martinmaricak Hi Martin! It's not an easy thing to do, but we make compliance our #1 priority above all. We are integrated to a bunch of local partners, the best in every country we serve. Please send me an email at guillermo@sigmaremote.com if you have any questions.
Thank you!
Maker
@fredyandrei Thank you so much Fredy! Love your react open-source project. Let us know if we can support you on anything!!
@kevinjaspal Thank you, Kevin! Actually, it will be very awesome if you guys can help offer us some support on the next Monday! We are launching our AI website builder and every support & feedback means more than you can imagine! 🚀
SigmaRemote looks awesome, congrats on the launch Kevin and the team!💪🚀
If I have contractors in Poland it can help me with paying out to them?
Maker
@dmytro_khlopkov Hey Dmytro! We support 180+ countries. Contractor payments to Poland works great! And we can also beat Wise on the Foreign Exchange rates.
Maker
@dmytro_khlopkov Thanks Dmytro! We can absolutely help you pay contractors in Poland. Please book a demo on our website and I'll personally show you everything. Wish you the best!
Maker
Congrats, team! It’s been such a pleasure working with you 😇 There’s something really rewarding about building a product we’ll actually use ourselves.
Maker
@scientist1642 Thank you for everything Zura. Your support for our founders has been instrumental in creating a product that works wonderfully for everyone!
Congrats on the launch team! Quick question, which countries do you support currently and what local payments mean exactly? Thanks in advance and good luck
Maker
@nikola_babic Hi Nikola! We support pretty much every country except those under U.S. sanctions. Local payments means that your workers can get a local bank transfer instead of an international one (we can circumvert the expensive SWIFT network). This means they can get their earnings deposited in less than 24hs, with low fees and great exchange rates.
Really excited about this product. It solves a big problem at an unbelievable (until by belief system accepts it...) cost. Do you have a working relationship with a outsource operators to find excellent people to hire. That would be icing on the cake.
Maker
@john_gallagher4 We believe this solution is essential. To learn more about our work, please book a demo on our website https://www.sigmaremote.com/contact. We would be happy to assist you! 🙏🏻
Wohoo, looks so good, gonna recommend this whenever a founder friend is looking for a contractor payments solution or an alternative, huge congrats on the launch 🥳
Maker
@itsharshag Thanks for the recommendation—means a lot! 🙏 We’re all about creating a streamlined, user-friendly experience for contractors and companies alike. We can’t wait to be there for founders looking for a smarter way to handle payments!
