RemotePass, the global employment and payroll platform founded in the UAE, has raised $17.4 million in a Series B round. The funding was led by EBRD Venture Capital (EBRD) with new participation from 500 Global, alongside existing investors including Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
Quick Facts
- Raised $17.4 million in a Series B funding round.
- Serves 35,000 workers across more than 150 countries.
- Funding will fuel expansion into Europe and the US.
From MENA Roots to Global Ambition
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass built its foundation by addressing the specific complexities of the Middle East and North Africa. The company provides 24/7 support in both Arabic and English and navigates intricate local labor laws, building payment infrastructure in markets often overlooked by larger global platforms. This regional focus has attracted major local clients like Tabby and Careem, in addition to global enterprises such as Logitech and Tata Group.
The platform also directly tackles financial inclusion for workers in the region who often deal with volatile local currencies. By providing access to USD accounts, global debit cards, and premium health insurance, RemotePass offers a level of financial stability that helps its clients improve talent retention.
“Building a globally competitive platform from the region, in a market that incumbents underestimated, is something we are incredibly proud of,” said Kamal Reggad, CEO and Co-Founder of RemotePass. “We know this region better than anyone, and we have built the financial tools that workers here actually need. Now, we are taking that depth global.”
The Path to Profitability and Reinvestment
RemotePass achieved profitability in early 2025, demonstrating strong unit economics before deciding to reinvest for accelerated growth. The company has scaled to support over 35,000 workers and has processed more than $800 million in cross-border payroll, all while raising a fraction of the capital compared to other major players in the category.
This new funding will be used to support the company’s expansion into Europe and the US, strengthen its compliance infrastructure, and continue developing its financial and AI product offerings.
Integrating Fintech and AI into Payroll
In late 2025, RemotePass launched SpendCards, a feature that integrates corporate expense cards directly into its payroll and contractor payment system. This collapses multiple financial operations into a single platform.
The company has also deployed AI agents to automate workflows for onboarding, compliance, and support, effectively acting as an operational extension for HR and finance teams.
“RemotePass is uniquely integrating global payroll and financial products into a single AI-enabled experience,” noted Amine Chabane, Principal at EBRD Venture Capital. “The business has reached meaningful scale on a fraction of the capital others in the category have raised — a signal of how disciplined Kamal and his team have been with execution.”
Amjad Ahmad, Managing Partner at 500 Global, added, “RemotePass has built a robust platform that bridges workforce management and fintech into a single integrated stack. The emerging market depth, embedded fintech layer, and early AI investment create structural advantages that are hard to replicate.”
About RemotePass
Founded in the UAE, RemotePass is a global platform for employment, payroll, and expense management. It helps businesses hire, onboard, and pay talent in over 150 countries, with a specialized focus on navigating the legal and financial complexities of emerging markets.
Source: Wamda
