← Embedded Finance Index 2026

Remote

Also a provider — view Remote’s profile →

Can a global Employer of Record platform become the full-stack HR and compliance operating system for distributed workforces—owning payroll, benefits, contractor management, and cross-border payments in every country?

Founded2019
HQAmsterdam, Netherlands (originally San Francisco, CA)
FoundersJob van der Voort, Marcelo Lebre
Total raised$496M+
Latest roundSeries C, April 2022
Valuation$3B+ (April 2022)
IndustryHorizontal SaaS / HR & Payroll
The story

Founded in 2019 as an Employer of Record (EOR) platform enabling companies to hire talent globally without setting up local legal entities. Rapidly expanded to include global payroll, contractor management, benefits administration, and compliance across 65+ countries, becoming one of the fastest-growing EOR providers. By 2026, the company surpassed $300M ARR and became cash-flow positive, shifting its internal operating model heavily toward AI—using Claude and agentic workflows to drive efficiency gains without headcount growth. The embedded finance angle centers on cross-border payroll disbursement, multi-currency payments, and the KYC/compliance stack required to onboard workers in every jurisdiction.

Last 12 months
2026-05
Product timeline
2019
Founded by Job van der Voort and Marcelo Lebre to offer Employer of Record (EOR) services enabling companies to hire internationally.· pivot
2020
Raised $11M seed and $35M Series A; expanded EOR coverage to 17+ countries with payroll, benefits, and compliance.· banking
2021
Raised $150M Series B at $1B+ valuation; surpassed unicorn status; expanded international contractor management.· pivot
2022
Raised $300M Series C led by SoftBank at $3B+ valuation to deepen global payroll, payments, and compliance capabilities.· banking
2026
Surpassed $300M ARR, became cash-flow positive, and reported 50% revenue-per-employee growth driven by AI adoption across the organization.· pivot
The stack
2 layers disclosed in Remote’s embedded-finance stack
Unified APIs
Nium
FX & payouts
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.