RemotePass has raised $17.4 million in Series B funding to accelerate the expansion of its global employment, payroll, and fintech platform. The funding round was led by EBRD Venture Capital, with participation from 500 Global and existing investors including Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
The investment comes as organizations increasingly seek unified platforms that combine workforce management, payroll, compliance, and financial services for distributed teams operating across multiple countries.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass focuses on helping companies hire, onboard, pay, and support workers globally without requiring local entity setup in every market.
The company says traditional providers have struggled to address operational challenges around cross-border employment, compliance, payroll infrastructure, and workforce financial services in emerging and underserved markets.
RemotePass currently serves customers including Logitech, Tata Group, InDrive, and Careem, offering services spanning Employer of Record (EOR), contractor management, payroll processing, compliance, and embedded financial products.
"This round is about acceleration," said Kamal Reggad, CEO and Co-Founder of RemotePass. "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."
As part of its broader expansion strategy, RemotePass is increasing investment in AI-powered automation and embedded fintech capabilities.
The company recently launched SpendCards, a corporate expense card solution integrated directly into its payroll and workforce management platform. The feature aims to consolidate payroll, contractor payments, and expense management into a single operational system for globally distributed teams.
RemotePass has also introduced AI agents designed to automate onboarding, compliance workflows, and support operations.
According to the company, these capabilities address ongoing operational inefficiencies faced by finance and HR teams managing international workforces across multiple tools and vendors.
The company’s investors emphasized RemotePass’s position at the intersection of workforce infrastructure, fintech, and AI automation.
"RemotePass is uniquely integrating global payroll and financial products into a single AI-enabled experience," said Amine Chabane, Principal, EBRD Venture Capital.
"It lowers friction for employers operating across emerging markets while creating real economic opportunity for tens of thousands of workers."
Amjad Ahmad, Managing Partner at 500 Global, added that the company’s integrated platform and emerging market expertise create competitive advantages in the evolving global employment technology sector.
"The emerging market depth, embedded fintech layer, and early AI investment create structural advantages that are hard to replicate," Ahmad said.
Europe and the United States have become two of RemotePass’s fastest-growing regions, according to the company. The new funding will support commercial expansion across these markets, along with broader compliance coverage and deeper financial infrastructure capabilities.
RemotePass says the platform has scaled to more than 35,000 workers across over 150 countries while facilitating more than $800 million in cross-border payroll transactions.
The company plans to continue investing in AI-driven workflow automation and embedded financial products as distributed work models and global hiring continue to reshape workforce operations.
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