The global employment, payroll, and spend management platform, has raised $17.4 million in a Series B funding round led by EBRD Venture Capital, with participation from 500 Global and existing investors including Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.

The funding will support RemotePass’s expansion across Europe and the United States, while also accelerating investments in AI-powered automation, embedded fintech products, and compliance infrastructure for distributed teams.

Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass provides businesses with a unified platform for hiring, onboarding, payroll, contractor management, compliance, and workforce payments across more than 150 countries. The company currently supports over 35,000 workers globally and has processed more than $800 million in cross-border payroll transactions.

The company reached profitability in early 2025 before deciding to reinvest aggressively into international growth. RemotePass has positioned itself as a platform that combines HR infrastructure with embedded financial services, including USD accounts, global cards, health insurance, and corporate expense management tools.

As part of its product expansion, RemotePass launched SpendCards in late 2025, integrating payroll, contractor payments, and corporate expense management into a single platform. The company has also introduced AI agents to automate onboarding, compliance, and support workflows for HR and finance teams.

Kamal Reggad, CEO and co-founder of RemotePass, said the latest funding round is focused on accelerating growth and building a comprehensive platform that supports distributed teams end-to-end. Investors highlighted the company’s strong execution, embedded fintech capabilities, and growing demand for global workforce infrastructure solutions.