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Kevin William David

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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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 $12 / month per contractor - 70% less than Deel. We handle everything from compliance to background checks, with W-8BENs and IRS reporting on autopilot. While we're available worldwide, we're especially proud of our comprehensive coverage in Latin America and Africa, where most platforms offer bare-minimum solutions that don't match local needs. This is the platform I wish I had for my previous remote teams. One that doesn't just move money, but helps the new generation of global talent build their financial future. Would love your support in making global work more equitable! 🌎
Dmytro Khlopkov 🇺🇦
@kevinjaspal great product! congrats on the launch man 🚀🚀🚀
Maru Rivera
@kevinjaspal 😦 - Deel will hate you for this. We're a remote-first team as well, his is sooo good! Keep it up!
AnnaHo
@kevinjaspal SigmaRemote is an impressive solution that significantly reduces hiring and payment costs for contractors while providing valuable financial benefits!
André J
Nice to see deel get some competition. I hope the prices will go down even further tho. around 25-30$ per month is the sweet spot I think. When do you envision we will get to that price point? I mean it's all just software and automation right? 😏
Guillermo Insfrán
@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!
Kevin Jaspal
@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!
Neel Popat
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!
Victoria Bello
@neelpopat Appreciate the support! Our mission is to make things more manageable and affordable—without the extra fees. Excited to simplify things for teams! 💼🌍
Guillermo Insfrán
@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!
Guillermo Insfrán
Hey everyone! Working remotely from Paraguay showed me exactly why we needed to build SigmaRemote. Here, we can't even use PayPal, and I've lost countless dollars to Payoneer fees just to receive my remote work payments. When our local banks convert the money, we lose even more. These aren't just business problems for us, they're personal frustrations we've lived through. That's why we're obsessed with building what talents in overlooked regions actually need. We built the solution we wished we had! If you are working remotely or hiring in emerging markets, I'd love to hear what features you need. Email me at guillermo@sigmaremote.com and we'll make it happen!
Victoria Bello
@guillermo_insfran Thank you for your global perspective and for inspiring us with ideas and benefits that remote workers can enjoy!
Nacho Franchini
@guillermo_insfran definitely understand the pain. That's why having products as with such a purpose-driven why as this is super valuable worldwide. Happy to be part of this journey
Victoria Bello
Hi Product Hunt! I'm based in Argentina, and like many of us here working remotely, I've had my fair share of struggles with getting paid. Over the years, I've worked with various international employers, but receiving my salary has often been complicated. It's been challenging on both sides - companies struggle with Argentina's complex regulations and local nuances, while I deal with our unstable currency and terrible dollar exchange rates. Stablecoins became my best option for payments, but most payroll platforms aren't set up to handle them easily. When we started building this, incorporating crypto was my main priority, and we made it happen! We are glad we can finally share our product with all of you. Now companies can hire talent from Argentina without worrying about our complex regulations - we handle everything. Visit our website and book a call if you want to learn more!
Kevin Jaspal
@victoria_bello1 Thank you for everything Victoria. Your feedback has been amazing to create a product that works great for Latin America!
Daniel Zaitzow
Congrats on the killer launch! Interesting niche and I quite like the UI!
Guillermo Insfrán
@dzaitzow Thank you so much Daniel!
Zura Isakadze
@dzaitzow Thanks for the nice words and good luck on your upcoming launch! :)
Nikola Babić
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
Guillermo Insfrán
@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.
Nacho Franchini
As a digital nomad myself these are problems that I've encountered on a daily basis. I'm thrilled to see that there are folks focusing on democratizing access to the global payments system way to go team! 💯
Kevin Jaspal
@ifranchini thank you for your support since the day we first started building this product! Let's bring this to the world and especially in regions where traditional solutions don't meet the mark!
Martin Maričák
Nice! I wonder how do you stay on top of so many legal frameworks.
Guillermo Insfrán
@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!
Anna Raafat
Love what you're building, especially with the focus on LATAM! congratulations 🎉
Victoria Bello
@anna_raafat thank you! As a remote worker in Latam, the founders have developed what the region needs to continue growing globally!
Guillermo Insfrán
@anna_raafat Hi Anna! Yes, a big chunk of our team is LATAM based and we know pretty well all the issues in the region and where existing platforms fall short. That's why we not only focused on what can we give to the businesses but also to their staff. Thank you for your support!
Besart
Wohooo!! Congrats Kevin and team, this is epic.
Victoria Bello
@besart_copa thanks for the support! Excited to see where this new chapter takes us! 🎉
Guillermo Insfrán
@besart_copa Thanks for your support Besart! You have been giving us a lot of great startup advice, and we will always appreciate it!
Tanmay Parekh
All the best for the launch @kevinjaspal & team!
Victoria Bello
Thanks for the support @parekh_tanmay!
Guillermo Insfrán
@parekh_tanmay Thank you Tanmay!
Karl Mechkin
Is it for US based companies only, or businesses from other countries could also use it to hire workers abroad? If I understand correctly, you also ensure legal compliance in the worker's country of residence, like handling taxes and social insurance? In Poland those are an employers obligations, and company registered abroad have to either deal with our tax and insurance institutions directly, most of the cases hiring local accountants, or cede it to employee, who then have to use accountants help and pay full costs of employment. Because of that many people are forced to register as sole proprietorship and work on B2B contracts, which don't provide such legal protection and benefits as employment, while increasing costs, depending on salary and related tax bracket.
Guillermo Insfrán
@karl_mechkin Hi Karl! We are also able to onboard non-US businesses! Yes, we ensure compliance in every country we serve. We can give you a demo and answer all of your questions over a call. Feel free to reach out at guillermo@sigmaremote.com. Thank you!
Harsh Agrawal
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 🥳
Victoria Bello
@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!
SADIK KASIMOGLU
Finally i found alternative option because i dont like DEEL . But do you the same services ? if yes i will market your service to our companies to move on to your company. Good luck
Guillermo Insfrán
@esadik Hey Sadik! Yes, we offer pretty much the same services. Feel free to reach out to me at guillermo@sigmaremote.com and I can give you a custom demo. Thank you so much!
Rishabh Goel
Incredible! Always a fan of Employer of Records. We are building a Merchant of Record ourselves.
Kevin Jaspal
@rishabh_dodo Amazing! We're focusing more on contractor payments at the moment. This space is big enough for everyone to win. Especially since different regions have slightly different needs. I'll reach out on Linkedin and let's collaborate on increasing the GDP of Remote Work!
Rohan Arun
Looks great! Is Deel expensive because they're a large company now or because they had no competition?
Guillermo Insfrán
@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.
Kevin Jaspal
@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.
Fredy C. Andrei
Congrats on your launch, Kevin!
Kevin Jaspal
@fredyandrei Thank you so much Fredy! Love your react open-source project. Let us know if we can support you on anything!!
Fredy C. Andrei
@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! 🚀
Franck
Great idea, as a nomad and remote worker I really appreciate this kind of product !
Victoria Bello
@franckwebpro Thank you! 🌎 As someone working from LATAM, I know how valuable it is to have reliable and affordable payment options that actually work across borders. SigmaRemote really does open up doors for nomads and remote workers everywhere. Excited to see how it helps you and others thrive!
Guillermo Insfrán
@franckwebpro Thank you Franck! We are launching many features for digital nomads soon. Stay tuned!
Prags Mugunthan
Much needed—what would you is the most value add feature at sigmaremote if I’m go jump ship from my current provider?
Guillermo Insfrán
@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.