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RemotePass Raises $17.4M Series B Led by EBRD Venture Capital as Global Employment and Fintech Converge

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Profitable in 2025, the global HR, payroll, and spend platform is scaling across Europe and the US, with new investment in commercial expansion, AI, and embedded fintech.

LONDON, May 20, 2026 /PRNewswire/ — RemotePass, the global employment, payroll, and spend platform, has raised $17.4 million in Series B funding led by the EBRD Venture Capital (EBRD), with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The round comes at a pivotal moment when global employment and fintech are converging – and customers are increasingly looking for a single platform that handles both.

Europe and the USA are already two of RemotePass’s fastest-growing markets, with companies turning to the platform to onboard, pay, and support workers across geographies where incumbents have limited reach or experience. The new capital will expand the company’s commercial footprint across these markets, deepen its product investment in financial infrastructure for distributed teams, and accelerate its AI roadmap.

RemotePass reached profitability in early 2025, reflecting underlying unit economics. The company then made a deliberate decision to reinvest in expansion, bringing on EBRD and 500 Global as strategic partners for the next phase. The business has scaled to more than 35,000 workers across 150+ countries and facilitated over $800 million in cross-border payroll, built on a fraction of the capital raised by category leaders.

“This round is about acceleration,” said Kamal Reggad, CEO and Co-Founder of RemotePass. “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.”

Founded in 2021 by Kamal Reggad and Karim Nadi, RemotePass solves a problem incumbents have largely underserved: hiring, paying, and supporting workers across borders where local entity setup, compliance, and banking infrastructure remain genuinely hard. The platform serves customers, including Logitech, Tata Group, InDrive and Careem. It covers EOR, contractor management, payroll, and compliance, as well as a fintech layer that provides workers with access to USD accounts, global cards, and health insurance.

In late 2025, RemotePass launched SpendCards, embedding corporate expense cards into the same platform that pays the workforce – collapsing payroll, contractor payments, and spend into one system regardless of where a worker sits or how they are employed. Expense management has remained one of the most stubborn operational pain points in cross-border setups, forcing finance teams to stitch together separate vendors. The company has also rolled out AI agents that automate workflows across onboarding, compliance, and support.

“RemotePass is uniquely integrating global payroll and financial products into a single AI-enabled experience. It lowers friction for employers operating across emerging markets while creating real economic opportunity for tens of thousands of workers. The business has reached meaningful scale on a fraction of the capital others in the category have raised — a signal of how disciplined Kamal and his team have been with execution. This is exactly the kind of company we set out to back: a team building a leading platform from an emerging-market, with the product depth and commercial momentum to compete in Europe and the US. We look forward to supporting them through the next phase of growth,” said Amine Chabane, Principal, EBRD Venture Capital.

“RemotePass has built a robust platform that bridges workforce management and fintech into a single integrated stack. The emerging market depth, embedded fintech layer, and early AI investment create structural advantages that are hard to replicate. We backed this exceptional team because they are executing a world-class infrastructure to solve a substantial problem as more businesses scale their workforces across borders,” said Amjad Ahmad, Managing Partner, 500 Global.

The Series B will fund expansion across Europe and the US, deeper compliance coverage, and continued investment in the financial product surface and AI capabilities that have become defining features of the platform.

Photo – https://mma.prnewswire.com/media/2983345/RemotePass_Kamal_Reggad.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/remotepass-raises-17-4m-series-b-led-by-ebrd-venture-capital-as-global-employment-and-fintech-converge-302777212.html

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DMCC Signs Strategic Partnership with Hong Kong Tinkam Capital to Drive Industrial Investment between Hong Kong and Dubai

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DMCC and Hong Kong Tinkam Capital (HKTC) sign strategic partnership to explore development of power and energy equipment production park in Dubai Collaboration aims to support industrial investment and Chinese company expansion in UAE across advanced manufacturing, energy and green tech sectorsPartnership reinforces growing UAE-China economic ties and Dubai’s advanced manufacturing ambitionsDMCC hosts over 1,000 Chinese companies in its district

DUBAI, UAE, July 27, 2026 /PRNewswire/ — DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding (MoU) with Hong Kong Tinkam Capital (HKTC) to explore the development of a state-of-the-art power and energy equipment manufacturing park in Dubai, reinforcing industrial cooperation and investment between the UAE and China.

The agreement establishes a framework for collaboration between both organisations to support the development of a power and energy equipment production park in Dubai while attracting upstream and downstream Chinese companies across the industry value chain in strategic sectors such as advanced manufacturing, green technology and energy.

Through the partnership, DMCC and HKTC will also facilitate knowledge exchange, promote industrial investment opportunities, and connect prospective Chinese enterprises with DMCC’s business ecosystem, reinforcing Dubai’s role as a gateway for Chinese company expansion and investment.

The high-level visit was facilitated by Wu Yufan (Elvis Wu), President of Longdy Group Greater China Region. The signing took place during a high-level visit to DMCC led by Guo Hongwei, Executive Deputy Director of the Management Committee of the New Quality Productive Forces Development Fund under the China Economic Reform Research Foundation, alongside Ye Xiongchang, Chairman of Hong Kong Tinkam Capital, and senior representatives from China’s advanced manufacturing, green tech, power and energy sectors. The delegation was welcomed by Ahmad Hamza, Chief Free Zone Affairs Officer at DMCC.

Ahmad Hamza, Chief Free Zone Affairs Officer, DMCC, said: “China remains one of DMCC’s most important strategic markets, with more than 1,000 Chinese companies now operating from our district and registrations growing at double-digit rates over the past five years. We welcome this partnership with Hong Kong Tinkam Capital that reflects our shared ambition to deepen commercial ties between the UAE and China while creating new opportunities across advanced manufacturing and energy infrastructure. By combining Hong Kong’s industrial expertise with Dubai’s world-class business environment, we are creating a platform to attract investment, strengthen industrial capabilities and support the next phase of economic growth.”

Ye Xiongchang, Chairman, Hong Kong Tinkam Capital, said: “This partnership reflects the growing momentum of the Dubai-Hong Kong investment corridor and creates a strong platform for deeper industrial collaboration between our two markets. Together with DMCC, we will explore opportunities to develop a world-class power and energy equipment manufacturing ecosystem in Dubai while supporting Chinese enterprises looking to establish and grow their presence in the UAE. By connecting industry, investment and expertise, we can help businesses access new markets and contribute to the region’s long-term industrial development.”

The MoU provides a framework for both organisations to cooperate on identifying investment opportunities, engaging prospective enterprises, sharing expertise and supporting projects that contribute to the development of Dubai’s industrial and energy ecosystem.

The agreement builds on the rapidly expanding economic relationship between the UAE and China. China remains the UAE’s largest trading partner, while DMCC is home to more than 1,000 Chinese companies operating across sectors including energy, technology, construction, financial services and precious metals and stones.

About DMCC
DMCC is a leading international business district that drives the flow of global trade through Dubai. We make it easier for our members to do business, helping them access the world’s fastest growing markets from a dynamic district that offers everything they need to thrive. This approach is why we are the preferred location for over 26,000 top multinationals and high-impact startups, contributing significantly to Dubai’s position as a global hub for trade and innovation. DMCC is where the world does business.

For more information, visit dmcc.ae.

About HKTC
HKTC is headquartered in Hong Kong, an international financial hub, and operates as a comprehensive financial group specializing in global asset allocation and cross-border capital management. The company focuses on two core areas—international trade and financial investment—and is committed to playing a pivotal role amid the ongoing transformation of the global economic landscape.

HKTC keenly identifies the opportunities presented by the reconfiguration of emerging industries, actively leverages Hong Kong’s unique role as a super connector, and adheres to highly compliant international operational standards to professionally guide China’s high-quality production capacity toward global deployment. We are not merely capital providers but also architects for industrial implementation—providing robust momentum for Chinese enterprises’ establishment and growth in overseas markets through innovative financial instruments and comprehensive capital services.

Especially in high-potential growth markets such as the Middle East, Southeast Asia, and Africa, HKTC has established a robust resource network and localized service capabilities. Leveraging world-class trade hubs like the Dubai Multi Commodities Centre (DMCC) as strategic pivot points and capitalizing on its exceptional ecosystem that aggregates global resources, we assist China enterprises in overcoming geographical constraints to precisely align advanced production capacities with the economic development needs of host countries. Throughout this process, HKTC consistently adheres to the philosophy of “co-deliberation, co-construction, and shared benefits,” emphasizing deep integration with local economies to achieve long-term win-win outcomes for Chinese capital, Chinese technology, and host country development, thereby truly enabling Chinese production capacities to take root and flourish overseas.

In the future, HKTC will continue to collaborate with world-class partners such as DMCC to empower more enterprises to access the fastest-growing markets globally, serving as a vital financial bridge that facilitates seamless economic circulation between China and the world economy.

View original content:https://www.prnewswire.com/apac/news-releases/dmcc-signs-strategic-partnership-with-hong-kong-tinkam-capital-to-drive-industrial-investment-between-hong-kong-and-dubai-302835102.html

SOURCE Dubai Multi Commodities Centre

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TGT Technology at MWC 2026: Focus on Edge Intelligence to Build the “Hub” for Global Information Services in the AI Era

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SHANGHAI, July 27, 2026 /PRNewswire/ — From June 24 to 26, TGT Technology made its debut at the 2026 MWC Shanghai under the theme “AI-Empowered, Edge Intelligence,” showcasing its strategic transition from a “connectivity service provider” to a “leader in omnichannel intelligent connectivity solutions.” As a globally leading cloud communications (AIoT) service platform, TGT Technology is redefining the infrastructure landscape of the edge intelligence era.

TGT Technology’s booth remained consistently bustling, drawing significant attention from global customers, telecom operators, and industry partners.

Focusing on “Cloud Communications + Edge AI” to Build an Autonomously Evolving Intelligent Entity

“In the AI era, the efficiency of data flow determines the boundaries of intelligence,” said Mr. Henry Zhang, Founder, Chairman, and CEO of TGT Technology. Leveraging global connectivity data accumulated from tens of millions of endpoints, TGT Technology’s global cloud communications (AIoT) service platform is evolving from a passive connectivity pipeline into a “decision-making brain” with autonomous learning capabilities.

TGT has built a unique “cloud-edge collaboration” architecture: the cloud efficiently schedules massive amounts of data, while the edge performs real-time inference and decision-making at the endpoint, effectively addressing the three core challenges of latency, bandwidth, and privacy and security. Its proprietary vertical-domain agents can proactively sense scenario requirements, enabling end-to-end intelligence—from intelligent scheduling of network resources to dynamic optimization of connectivity strategies—and providing global enterprise customers with continuously evolving intelligent connectivity capabilities.

Deep integration of “cellular + satellite” expands coverage across land, air, and space

The large-scale implementation of edge intelligence begins with ubiquitous connectivity. Through strategic partnerships with leading global satellite operators, TGT Technology has established a layered connectivity architecture comprising “near-field Wi-Fi/Bluetooth, wide-area 4G/5G, and airspace MEO/LEO,” achieving continuous coverage from the ground to low altitudes and up to high altitudes.

vSIM/eSIM Technological Innovation: Connecting Millions of AI Devices

Through its independently developed vSIM/eSIM technology suite, the TGT platform has connected millions of AI devices, covering a diverse range of categories, including smartphones, portable mobile devices, smart wearables, in-vehicle devices, and industrial IoT gateways. As one of the few platforms in the industry to offer a complete technology suite—including CloudSIM, SoftSIM, eSIM, and iSIM—TGT Technology is emerging as a critical foundation for AI infrastructure.

Learn more: https://en.tugegroup.com/
Partnerships: sales@51tgt.com

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SOURCE TGT Technology

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HashKey Exchange Launches New Flagship Crypto Trading App

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HONG KONG, July 27, 2026 /PRNewswire/ — HashKey Holdings Limited (3887.HK), a comprehensive Asian digital asset group, announced a landmark global product and brand strategy launch with a new flagship Crypto Trading App featuring a “multi-site unification” model now made available to users.

The two previously separate applications (HashKey Exchange and HashKey Global) have been successfully merged into a single portal. Under strict compliance boundaries, this upgrade integrates core jurisdictional hubs including Hong Kong, Singapore, the Middle East (Dubai), and Bermuda. The company enters into a new phase of efficient synergy across core compliant markets in Asia and worldwide, serving as a key operational milestone for its core “Asia Connect” strategy at the product infrastructure layer.

In the early stages of the compliant virtual asset industry, licensed exchanges typically operated under regional “siloed” models due to varying legal and regulatory requirements across countries. The core of the “multi-site unification” lies in “unified entry, localized compliance.” Users can now download a single application to seamlessly manage their compliant accounts across the Hong Kong, Global, Singapore, or Middle East regions within the same App based on their respective KYC (Know Your Customer) and KYB (Know Your Business) credentials. While front-end interfaces are aggregated, underlying services remain strictly bound to local regulatory frameworks through rigorous localized management. Regional features within the App are accessible only to users meeting specific local criteria and users in unauthorized countries or regions cannot access restricted station features, streamlining user interaction paths while clearly adhering to compliance redlines.

With the official launch of the new App, HashKey Exchange has standardized its service dimensions for each site according to the latest local licensing qualifications. By adding and deeply integrating multi-regional sites, the platform offers investors a secure, compliant, and diversified global digital asset trading ecosystem.

HashKey Hong Kong (Base Hub): Focuses primarily on spot trading with robust OTC capabilities—supporting fiat on/off-ramps for 4 fiat currencies and around 40 digital assets. Additionally, it features a wealth management section covering various tokenized assets and compliant on-chain financial products, catering to both retail and Professional Investors (PI) with competitive asset allocation options.

HashKey Singapore: Focuses mainly on OTC block trading and supports opening same-name virtual accounts. Minimum OTC orders start at $10 USD, with single-transaction caps up to $50 million USD for corporate clients and $8 million USD for individual clients across 21 cryptocurrencies.

HashKey Middle East: Provides spot trading and proprietary brokerage services.

HashKey Global: Focuses on derivative trading scenarios, serving international compliant users while strictly isolating restricted local jurisdictions.

Alongside expanding its service footprint, the App has undergone comprehensive feature upgrades. The new system integrates a Web3 wallet service portal isolated from centralized exchange operations, offering users a compliant gateway to explore the on-chain ecosystem.

For institutional users seeking high-security asset allocation, the unified HashKey Exchange App delivers rigorous cybersecurity protection backed by multi-jurisdictional licensing. Driven by ongoing technical upgrades, the platform maintains industry-leading digital asset insurance coverage to safeguard a smooth and secure trading experience. From its roots in Hong Kong to deep anchors in financial hubs like Singapore and the Middle East, HashKey Exchange is weaving fragmented footholds into a seamless, fast, global compliant trading network. Moving forward, HashKey Exchange will continue using the Pan-Asian region as its core connection to expand the boundaries of financial infrastructure for compliant digital assets.

About HashKey Exchange

HashKey Exchange is a digital asset exchange under the listed company HashKey Holdings Limited (3887.HK), dedicated to setting new benchmarks for virtual asset exchanges in compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is among the first batch of licensed retail virtual asset exchanges in Hong Kong. It currently holds Type 1 (Dealing in securities) and Type 7 (Providing automated trading services) licenses under the Securities and Futures Ordinance (SFO), as well as the Virtual Asset Service Provider (VASP) license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) granted by the Securities and Futures Commission (SFC) of Hong Kong. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. In compliance with laws and regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.

HashKey Exchange News Release & Advertising Standard Terms and Disclaimer

Disclaimer: Service content and available features for each station are provided in accordance with applicable local laws, regulations, regulatory requirements, and licensing scopes, and may vary depending on the compliance requirements of different jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hashkey-exchange-launches-new-flagship-crypto-trading-app-302835116.html

SOURCE HashKey Exchange

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