Employer of Record for Fintech

Borderless AI is the world’s first AI-powered Employer of Record (EOR) and global payroll platform. It helps companies automate the hiring, onboarding, management, and payment of international employees—without needing to set up a foreign entity.

We work with mid-to-large multinational companies, as well as fast-growing scale-ups and startups that operate globally or have remote teams. Our platform is ideal for any organization that needs to hire international employees compliantly and efficiently, whether it’s one remote hire or a globally distributed team

An Employer of Record (EOR) is a third-party organization that legally employs workers on behalf of another company. The EOR handles compliance, payroll, tax filings, and benefits in countries where the company doesn’t have a legal entity—making it easier to hire globally without taking on the legal and administrative burden.

An EOR becomes the legal employer of your international team members. While you manage the day-to-day work and responsibilities, the EOR ensures contracts, payroll, taxes, and benefits are all handled in accordance with local labor laws. Borderless AI goes a step further by automating this entire process using AI agents, reducing manual HR work and ensuring real-time compliance updates​.

You should consider using an EOR when: Expanding into new markets without establishing a local entity

• Hiring international talent quickly and compliantly
• Reducing legal, tax, and HR complexities of global employment
• Testing new markets before investing in permanent infrastructure

Key benefits include:

• Fast, compliant international hiring
• No need to establish foreign entities
• Automated payroll and tax filings
• Real-time compliance across 170+ countries
• Reduced legal and administrative burden
• Lower overhead compared to traditional setups

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Borderless AI administers employee benefits such as health insurance, paid leave, and retirement plans according to local market standards. Our platform simplifies benefits administration through automation, while ensuring every benefit offering complies with regional employment laws.

Using an EOR typically involves a monthly fee per employee. While this may seem like an added cost, it’s often significantly more affordable than establishing and managing a legal entity in each country. With Borderless AI, companies also save by reducing manual HR work, minimizing legal risks, and automating processes that would otherwise require large HR teams.