RemotePass Raises $17.4 Million to Accelerate Global Expansion and AI-Powered Financial Infrastructure
RemotePass has raised $17.4 million in Series B funding led by EBRD Venture Capital, with participation from 500 Global and existing investors including Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures, as the convergence between global employment and fintech continues to accelerate.
Europe and the United States have become two of RemotePass’s fastest-growing markets, with companies increasingly relying on the platform to onboard, pay, and support distributed workers across regions where traditional providers often lack operational reach and localized expertise. The newly secured capital will support the company’s commercial expansion across both markets, deepen investment in financial infrastructure for distributed teams, and accelerate its AI roadmap.
RemotePass achieved profitability in early 2025 before strategically reinvesting in growth and expansion. The company has now scaled to more than 35,000 workers across 150+ countries and facilitated over $800 million in cross-border payroll payments, while operating with significantly lower capital requirements compared to category leaders.
“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.”
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass addresses the complexities of hiring, payroll, compliance, and workforce support across borders, particularly in markets where legal entity setup and banking infrastructure remain challenging. The platform currently serves companies including Logitech, Tata Group, InDrive, and Careem.
In late 2025, the company launched SpendCards, integrating corporate expense cards into the same platform used for payroll and contractor payments, while also rolling out AI agents that automate onboarding, compliance, and support workflows.
“RemotePass is uniquely integrating global payroll and financial products into a single AI-enabled experience,” said Amine Chabane. “It lowers friction for employers operating across emerging markets while creating real economic opportunity for tens of thousands of workers.”
Amjad Ahmad added: “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.”
The Series B funding will be used to support expansion across Europe and the US, strengthen compliance coverage, and continue advancing the company’s financial products and AI-driven capabilities.
