RemotePass, the global employment and payroll platform founded in the UAE, has closed a $17.4 million Series B round as it moves to deepen its presence across Europe and the United States.
The round was led by EBRD Venture Capital, with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The company is now dual-headquartered in Abu Dhabi and Boston.
What RemotePass Does
Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass addresses a problem that larger incumbents have largely underserved: hiring, paying, and supporting workers across borders where local entity setup, compliance, and banking infrastructure remain genuinely complex. The platform covers Employer of Record services, contractor management, payroll, and compliance, bundled with a fintech layer that gives workers access to USD accounts, global cards, and health insurance, all within a single interface.
The business has scaled to more than 35,000 workers across 150-plus countries and facilitated over $800 million in cross-border payroll, built on a fraction of the capital raised by category leaders. Its client roster includes Logitech, Tata Group, InDrive, and Careem.
Profitable Before the Raise
RemotePass achieved profitability in early 2025, a notable milestone in a sector known for high cash-burn rates. Rather than coast on that position, the company chose to reinvest for expansion, bringing in EBRD Venture Capital and 500 Global as strategic partners for the next growth phase.
“This round is about acceleration,” said CEO Kamal Reggad. “We have the product, the traction, and now the partners to expand properly. Hiring is just the entry point. What companies actually need is a platform that supports their teams end-to-end, including the financial services that make distributed work function.”
A MENA Platform Going Global
RemotePass is the only global employment platform with over five years of deep experience supporting businesses and workers across the Middle East and North Africa. That regional depth has been its competitive edge, and the company now intends to export it. The Series B will fund commercial expansion in Europe and the US, product development in embedded fintech, and further investment in AI capabilities.
For the Middle East’s growing HR tech sector, RemotePass’s trajectory signals that the region can produce globally competitive workforce platforms, not just serve as a market for them.
