RemotePass, a global employment, payroll and spend platform startup, has raised £13 million in a Series B round led by EBRD Venture Capital, with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures and Khwarizmi Ventures. The funding comes as global employment and fintech continue to converge, with businesses increasingly looking for a single platform to manage hiring, payroll and financial operations for distributed teams.
Europe and the USA are already two of RemotePass’s fastest-growing markets, with customers using the platform to onboard, pay and support workers across regions where local entity setup, compliance and banking infrastructure remain difficult to navigate. Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass supports more than 35,000 workers across 150+ countries and has facilitated over $800 million in cross-border payroll.
The platform combines employer of record services, contractor management, payroll and compliance with financial products including USD accounts, global cards and health insurance. In late 2025, RemotePass launched SpendCards, embedding corporate expense cards into the same system used for payroll and contractor payments. AI agents have also been introduced to automate onboarding, compliance and support workflows.
RemotePass reached profitability in early 2025 before reinvesting into expansion. The new funding will be used to expand the business across Europe and the US, deepen compliance coverage, continue investment in financial infrastructure products for distributed teams, and accelerate the platform’s AI roadmap.
Customers using the platform include Logitech, Tata Group, InDrive and Careem. According to EBRD Venture Capital, RemotePass has reached meaningful scale using a fraction of the capital raised by larger category players.
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.
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.
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.
