RemotePass, the UAE-founded global employment, payroll and spend platform, raised $17.4 million in Series B funding on May 20, 2026 in a round led by EBRD Venture Capital. The financing also drew 500 Global and existing investors including Oraseya Capital, 212 VC, Access Bridge Ventures and Khwarizmi Ventures.
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass combines employer-of-record services, contractor management, payroll and compliance with an embedded fintech layer for distributed teams across more than 150 countries. The company, which reached profitability in early 2025, said it will use the capital to expand in Europe and the United States and to develop its financial infrastructure and AI roadmap.
Source: PR Newswire and RemotePass, May 20, 2026.
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