RemotePass Secures $17.4 Million for Global Growth

RemotePass, the platform integrating global employment, payroll, and spend management, has announced the completion of a $17.4 million Series B funding round. The operation was led by EBRD Venture Capital (EBRD), with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. This capital is earmarked to support the company's ambitious expansion strategy, focusing on European and US markets, and to strengthen its technological capabilities.

Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass has established itself by addressing a significant gap in the market: the complexity of hiring, paying, and supporting workers across national borders. Challenges include local entity setup, regulatory compliance, and banking infrastructure, aspects that traditional providers have often overlooked. The platform offers a unified solution for these critical needs, enabling companies to operate with greater fluidity internationally.

A Comprehensive Offering for the Distributed Workforce

The RemotePass platform serves prominent clients such as Logitech, Tata Group, InDrive, and Careem, providing a complete ecosystem for global workforce management. Services include Employer of Record (EOR), contractor management, payroll processing, and compliance. Additionally, an innovative fintech layer offers workers access to USD accounts, global cards, and health insurance, essential elements for supporting distributed teams worldwide.

RemotePass has demonstrated remarkable operational efficiency, achieving profitability in early 2025. Towards the end of the same year, the company introduced SpendCards, integrating corporate expense cards directly into the payroll management platform. This innovation consolidates payroll, contractor payments, and expenses into a single system, regardless of the worker's location or employment type. Furthermore, RemotePass has deployed AI agents to automate workflows related to onboarding, compliance, and support, enhancing operational efficiency and user experience.

Growth Strategy and Market Impact

Europe and the USA already represent two of RemotePass's fastest-growing markets. Companies in these regions are turning to the platform to onboard, pay, and support workers in geographies where traditional providers have limited reach or experience. This trend underscores the increasing need for agile and compliant solutions for global workforce management, a growing requirement for modern organizations.

Kamal Reggad, CEO and Co-Founder of RemotePass, emphasized the importance of this funding round for accelerating growth: "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." Amine Chabane, Principal at EBRD Venture Capital, added that RemotePass "lowers friction for employers operating across emerging markets while creating real economic opportunity for tens of thousands of workers."

Future Outlook and Strategic Investments

The capital raised in the Series B round will be used to fund expansion across Europe and the US, deepen compliance coverage, and continue investment in financial product features and AI capabilities. These aspects have become defining characteristics of the platform, positioning RemotePass as a key player in the global workforce solutions landscape.

RemotePass's disciplined approach to execution, as evidenced by its ability to achieve meaningful scale on a fraction of the capital raised by other players in the sector, signals its robustness. The company is committed to building a leading platform from an emerging market, with the product depth and commercial momentum needed to compete effectively in Europe and the US. This strategic investment aims to consolidate its position and continue innovating in the global employment sector.