(Press Release – Read Disclaimer)
Rise, the leading hybrid pay and contractor payment platform, is proud to announce its major milestones. This is more than $500 million in total salary paid to the global team.
This is just six months after reaching the $300 million milestone in September 2024, Rise’s rapid growth, trust from companies around the world, and revolutionizing wages in the modern world economy. It emphasizes commitment.
Since its launch, Rise has enabled global business to seamlessly pay contractors and teams with local currencies, Stablecoins and Cryptocurrencies
By combining a variety of payment schedules, compliance-first solutions and a seamless user experience, Rise has streamlined payroll operations and established itself as a go-to platform for businesses looking to navigate complex international employment environments .
New Era of Payroll: Fast, Compliant, Crypto
The acceleration towards borderless hybrid pay solutions has driven Rise’s growth.
The key features that drive this success include:
Multicurrency Flexibility – Employers can pay teams with stubcoins and cryptocurrencies along with over 90 Fiat currencies. Global Compliance – Built-in KYC/AML verification ensures secure and compliant onboarding. Automated Onboarding – A seamless experience for businesses that hire and pay remote teams around the world.
Rise’s Vision: Scaling to over $1 billion
With payroll calculations being processed at $500 million, Rise is aiming to $1 billion in total payments, further expanding its global footprint and product capabilities.
The company is actively strengthening its platform with more payroll services, including meeting the needs of more scaling businesses, including employer records, direct pay, accounting, integration and expanded crypto payment options. .
“Our mission is clear as businesses continue to embrace global and hybrid pay solutions: to provide a fast, compliant, seamless way for businesses to carry and pay with teams from around the world. ” said CEO Hugo Finkelstein. “To reach $500 million is just the beginning. As the workforce starts asking employers for hybrid pay, Rise is set up on its own to meet their needs.”
About the rise
Rise is a hybrid payroll and international contractor payment platform that allows businesses to pay their teams in local currency, stubcoin or cryptocurrency.
Designed for global teams with a distributed workforce, Rise simplifies pay and cross-border payments while ensuring compliance.
For more information, users can visit www.riseworks.io.
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