Toronto-based Borderless AI has acquired CaymanEmployment.com, giving its global payroll platform a direct operating presence in the Cayman Islands. The deal brings local employment, work permit, immigration, banking, benefits, payroll, and compliance services into one Employer of Record offering.
Borderless AI says companies hiring in Cayman have traditionally coordinated across multiple providers; owning the local entity, licences, banking relationships, and employment infrastructure should reduce handoffs and delays. The expansion targets growing demand from founders, executives, investment funds, insurers, and financial-services firms operating internationally. Borderless AI now helps customers onboard, pay, and manage workers in more than 170 countries worldwide globally.
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