RemotePass, the global employment, payroll, and spend management platform, announced it has raised $17.4 million in Series B funding led by European Bank for Reconstruction and Development, with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
The company said the funding comes as global employment infrastructure and fintech services continue converging, with businesses increasingly seeking unified platforms that can manage onboarding, payroll, compliance, and financial services for distributed teams.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass enables companies to hire, pay, and support employees and contractors across borders without requiring local entities in every market. The platform provides employer of record services, contractor management, payroll, compliance, USD accounts, global payment cards, and health insurance offerings.
According to the company, Europe and the United States are among its fastest-growing markets. RemotePass said it has scaled to support more than 35,000 workers across over 150 countries and has facilitated more than $800 million in cross-border payroll payments.
The company reached profitability in early 2025 before deciding to reinvest into expansion initiatives. The new capital will be used to grow RemotePass’s commercial footprint across Europe and the US, deepen investment in embedded financial infrastructure products, and accelerate development of its AI roadmap.
RemotePass also highlighted the launch of SpendCards in late 2025, which embeds corporate expense cards directly into the payroll and workforce management platform. The company said the product helps businesses consolidate payroll, contractor payments, and expense management into a single system. In addition, RemotePass has introduced AI agents designed to automate onboarding, compliance, and customer support workflows.
The platform serves companies including Logitech, Tata Group, inDrive, and Careem.
KEY QUOTES:
“This round is about acceleration. We have the product, the traction, and now the partners to expand properly. Hiring is just the entry point. What companies actually need is a platform that supports their teams end-to-end, including the financial services that make distributed work function.”
Kamal Reggad, Founder and CEO, RemotePass
“RemotePass is uniquely integrating global payroll and financial products into a single AI-enabled experience. It lowers friction for employers operating across emerging markets while creating real economic opportunity for tens of thousands of workers. The business has reached meaningful scale on a fraction of the capital others in the category have raised — a signal of how disciplined Kamal and his team have been with execution. This is exactly the kind of company we set out to back: a team building a leading platform from an emerging-market, with the product depth and commercial momentum to compete in Europe and the US. We look forward to supporting them through the next phase of growth.”
Amine Chabane, Principal, EBRD Venture Capital
“RemotePass has built a robust platform that bridges workforce management and fintech into a single integrated stack. The emerging market depth, embedded fintech layer, and early AI investment create structural advantages that are hard to replicate. We backed this exceptional team because they are executing a world-class infrastructure to solve a substantial problem as more businesses scale their workforces across borders.”
Amjad Ahmad, Managing Partner, 500 Global
