RemotePass, a global employment, payroll and spend platform, has secured $17.4m in a Series B funding round led by EBRD Venture Capital, with participation from 500 Global and existing backers Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
The capital will be deployed to broaden RemotePass’s commercial presence across Europe and the US, strengthen its financial infrastructure product for distributed teams, and push forward its artificial intelligence roadmap.
RemotePass achieved profitability in early 2025, after which it opted to reinvest in growth, bringing in EBRD and 500 Global as strategic partners. The platform has grown to serve more than 35,000 workers across more than 150 countries and has processed over $800m in cross-border payroll, which it claims it achieved on considerably less capital than comparable players in the category.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass addresses a gap that larger incumbents have largely left unmet: enabling businesses to hire, pay and support workers internationally in markets where local entity setup, compliance and banking infrastructure remain genuinely complex.
Its customers include Logitech, Tata Group, InDrive and Careem. The platform covers employer of record services, contractor management, payroll and compliance, alongside a FinTech layer giving workers access to USD accounts, global cards and health insurance.
Towards the end of 2025, the company launched SpendCards, which embeds corporate expense cards directly into the same platform used to pay the workforce, consolidating payroll, contractor payments and spend management into one system. The company has also introduced AI agents that automate processes across onboarding, compliance and support functions.
RemotePass CEO and co-founder Kamal Reggad said, “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.”
EBRD Venture Capital principal Amine Chabane said, “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.”
500 Global managing partner Amjad Ahmad said, “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.”
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