RemotePass has raised $17.4 million in Series B funding led by EBRD Venture Capital. The Dubai-founded global employment platform reached profitability in early 2025 and has now facilitated over $800 million in cross-border payroll across 150 countries before taking this round.
The global employment and payroll market has been producing large, heavily funded incumbents for years. Deel, Remote, and Rippling have raised hundreds of millions each, built expansive teams, and captured the attention of enterprise buyers in mature markets. RemotePass, the Dubai-founded global employment, payroll, and spend platform, has taken a different path: tighter execution, emerging market depth, and genuine profitability before scaling aggressively. That approach has now attracted $17.4 million in Series B funding led by EBRD Venture Capital, with 500 Global joining as a new strategic investor alongside returning backers Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass was built to solve a problem that the category's dominant players have largely underserved: hiring, paying, and supporting workers across borders where local entity setup, compliance requirements, and banking infrastructure make cross-border employment genuinely complicated rather than just administratively tedious. The platform handles employer of record services, contractor management, cross-border payroll across more than 150 countries, and a fintech layer that gives workers dollar accounts, global cards, and health insurance through a single interface. That last layer is what distinguishes RemotePass from pure HR infrastructure plays. The platform serves both sides of the employment relationship rather than treating workers as the passive recipients of whatever the employer decides to send.
The scale the company has reached with relatively modest capital is one of the more striking details in this announcement. RemotePass has now supported more than 35,000 workers across 150 countries and facilitated over $800 million in cross-border payroll, a figure that puts it in meaningful commercial territory against category leaders who have raised orders of magnitude more. Named customers include Logitech, Tata Group, InDrive, Tabby, and Spotify, a roster that spans enterprise multinationals and high-growth regional technology companies in equal measure.
The profitability data point matters more than it might appear in a market where most HR-tech platforms are still operating on negative unit economics underwritten by repeated late-stage rounds. RemotePass reached profitability in early 2025 and made a deliberate decision to reinvest that operating leverage into expansion rather than treat it as a buffer. That sequencing, building a sustainable unit economics foundation before accelerating growth, is the story EBRD Venture Capital and 500 Global are backing with this round.
Two product developments define where the platform is heading. In late 2025, RemotePass launched SpendCards, embedding corporate expense cards directly into the same platform that runs payroll, collapsing what had previously required separate vendors for payroll, contractor payments, and expense management into one system regardless of where a worker is employed or how. The company has also rolled out AI agents that automate workflows across onboarding, compliance, and support, reducing the manual overhead that makes cross-border employment so operationally heavy for finance and HR teams. The Series B will fund expansion across Europe and the US, deeper compliance coverage, and continued investment in both the financial product layer and the AI capabilities that are increasingly central to the platform's differentiation.
For the MENA region, RemotePass's trajectory is a useful data point about what a Dubai-founded HR-tech company can achieve at global scale when it leads with emerging market depth rather than treating emerging markets as a secondary expansion target. The company's investor base, which includes Khwarizmi Ventures and Oraseya Capital alongside EBRD and 500 Global, reflects the kind of blended regional and international conviction that the strongest MENA-origin global platforms have been attracting over the past two years. The Europe and US push being funded by this round will determine whether RemotePass becomes a genuinely global category player or remains a MENA-anchored platform with international optionality. Based on the execution so far, the former looks considerably more likely than it did eighteen months ago.
