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.
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 $12 / month per contractor - 70% less than Deel. We handle everything from compliance to background checks, with W-8BENs and IRS reporting on autopilot.
While we're available worldwide, we're especially proud of our comprehensive coverage in Latin America and Africa, where most platforms offer bare-minimum solutions that don't match local needs.
This is the platform I wish I had for my previous remote teams. One that doesn't just move money, but helps the new generation of global talent build their financial future.
Would love your support in making global work more equitable! 🌎
@kevinjaspal SigmaRemote is an impressive solution that significantly reduces hiring and payment costs for contractors while providing valuable financial benefits!
Nice to see deel get some competition. I hope the prices will go down even further tho. around 25-30$ 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? 😏
@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!
More and more globalization teams are emerging, and this product solves a killer problem! Financial security is very important! I hope it gets better and better! Congratulations!
@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!
@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!
@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!
@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! 🚀💰
@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.
@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!
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! 💯
@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!
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
@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.
@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.
@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.
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
@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!
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.
@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!
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!
@neelpopat Appreciate the support! Our mission is to make things more manageable and affordable—without the extra fees. Excited to simplify things for teams! 💼🌍
@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!
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 🥳
@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!
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.
@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.
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.
@scientist1642 Thank you for everything Zura. Your support for our founders has been instrumental in creating a product that works wonderfully for everyone!
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!
@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
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!