News Summary

Toronto-based startup Borderless AI has unveiled a new feature for its human resources and global payroll software, allowing employees to receive a portion of their earnings in cryptocurrency. This innovation, known as Crypto-Native Payroll, aims to streamline global payroll processes by eliminating post-payroll transfers and reducing transaction costs. Co-founder and CEO Willson Cross highlighted the importance of offering flexible payment options to attract and retain a competitive global workforce. Borderless AI, founded in 2022, has expanded its services globally after securing $27 million in seed funding. The platform now supports payments in over 170 countries, aligning with the growing demand for crypto-based financial solutions among employees.