RemotePass, a UAE-founded global employment, payroll, and spend-management platform, has raised $17.4 million in a Series B round to accelerate its expansion across Europe and the United States. The platform combines employer-of-record services, contractor management, cross-border payments, and embedded fintech — giving distributed teams access to USD accounts, debit cards, and health insurance from a single system.
The round was led by EBRD Venture Capital, with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures, alongside earlier backers BECO Capital, Endeavor Catalyst, and Wamda Capital.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass now serves more than 35,000 workers across over 150 countries and has facilitated upwards of $800 million in cross-border payroll. The company reached profitability in early 2025, and says the new capital will deepen its financial-infrastructure products and accelerate its AI roadmap.
