RemotePass lands $17.4M Series B from EBRD to merge global hiring with fintech
▼ Summary
– RemotePass, a global employment and payroll platform co-founded by Kamal Reggad and Karim Nadi, raised $17.4 million in Series B funding.
– The funding round was led by EBRD Venture Capital, with 500 Global also participating as a new strategic investor.
– The Dubai-founded company achieved profitability in early 2025 before securing this funding round.
RemotePass, a Dubai-born platform specializing in global employment, payroll, and spend management, has secured $17.4 million in Series B funding. The round was led by EBRD Venture Capital, with 500 Global joining as a new strategic investor. Notably, the company achieved profitability in early 2025 before deciding to pursue this new capital.
The platform, co-founded by Kamal Reggad and Karim Nadi, is designed to help businesses hire, pay, and manage international teams without navigating complex local regulations on their own. This latest investment signals strong confidence in a model that merges global hiring infrastructure with built-in financial tools.
Rather than simply processing payroll, RemotePass offers a unified system for contractor management, employee benefits, and corporate spending. This approach has resonated with a growing number of companies seeking to scale remote teams efficiently. The fresh funding will likely accelerate product development and expand the platform’s footprint across new markets, further blurring the line between HR technology and fintech.
(Source: The Next Web)
