RemotePass, a global employment, payroll, and spend platform, raises $17.4 million in a Series B funding round led by EBRD Venture Capital. The company states it reached profitability in early 2025 and is now scaling its operations across Europe and the United States. According to the coverage, the funding supports commercial expansion, including continued growth of its platform offerings. The company also plans to invest in artificial intelligence and embedded fintech capabilities as part of its product development and service expansion.
RemotePass is described as serving HR, payroll, and spend needs for businesses, positioned at the intersection of employment services and financial technology. One outlet also notes that 500 Global joins as a strategic partner alongside the round’s lead investor. The reports identify the company’s co-founders as Kamal Reggad and Karim Nadi. Both outlets present the fundraising amount, the EBRD Venture Capital leadership, the company’s profitability timeline, and the stated areas of investment focus, without providing additional financial terms or deal specifics beyond the round size and leadership.