RemotePass Raises $17.4 Million Series B to Expand HR and Fintech Platform

May 20, 2026
RemotePass has secured $17.4 million in Series B funding led by EBRD Venture Capital, with participation from 500 Global and other investors. The company plans to expand across Europe and the US, invest in financial infrastructure for distributed teams, and accelerate its AI roadmap.

RemotePass has raised $17.4 million in Series B funding led by EBRD Venture Capital, with participation from 500 Global and existing backers. The funding was announced in a press release and will support expansion across Europe and the United States, deeper compliance coverage, and continued investment in financial infrastructure and AI capabilities.

Founded in 2021, RemotePass provides a platform for global employment, payroll, and spend management. The company serves over 35,000 workers in more than 150 countries and has processed over $800 million in cross-border payroll. Clients include Logitech, Tata Group, InDrive, and Careem.

RemotePass launched its SpendCards feature in late 2025, integrating corporate expense cards with payroll and contractor payments in a single system. The platform also includes AI agents that automate onboarding, compliance, and support workflows.

The company reached profitability in early 2025 and is now reinvesting in commercial growth. The new funding will help scale operations in its fastest-growing markets and advance its AI and embedded fintech offerings.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Free newsletter

AI Funding Brief

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more
Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.