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Oyster: Acquires Carrom To Boost X-Border Employment Tech | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Oyster: Acquires Carrom To Boost X-Border Employment Tech

Oyster: Acquires Carrom To Boost X-Border Employment Tech

  • Founded in 2019, Oyster™ works to let companies hire and put employees anywhere in the world on their payroll
  • Then the company’s model revolves around fixing inefficient practices in cross-border hiring, which often remains complex, expensive and risky” for many companies
  • However, the practice may open up new doors in a post-coronavirus world, where remote work will become more accepted
  • Carrom works with payroll and employment needs by streamlining things so various differences in local laws don’t cause issues
  • Oyster™ CEO Tony Jamous said the acquisition was a huge plus for the company
  • Oyster™, according to the press release, believes its cross-border hiring mission can help the world by reducing economic inequality

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