RemotePass raises $17.4 million to expand global payroll platform

RemotePass announced a $17.4 million Series B on 20 May led by EBRD Venture Capital, with 500 Global and existing investors also participating. It provides employer-of-record services, contractor management, payroll and compliance tools for distributed teams. Its platform also includes workers’ dollar accounts and cards, while SpendCards embeds corporate expenses alongside payroll.

RemotePass said the funding would support commercial growth in Europe and the United States and investment in financial infrastructure. The company reported profitability in early 2025, over 35,000 workers across more than 150 countries and over $800 million in cross-border payroll. These are company claims. The financing does not itself confirm a new country launch.