Rise, the leading
hybrid payroll and contractor payment platform is proud to announce
its major milestone: surpassing $500 million in total payroll
volume paid out to global teams.
This comes only six months after hitting the $300M milestone in
September of 2024, highlighting Rise’s rapid growth, trust from
businesses worldwide, and its commitment to revolutionizing payroll
for the modern, global economy.
Since its launch, Rise has empowered global businesses to pay
contractors and teams seamlessly in local currencies,
stablecoins, and cryptocurrencies
By combining a variety of payment schedules,
compliance-first solutions, and a seamless user experience, Rise
has positioned itself as the go-to platform for companies looking
to streamline payroll operations and navigate complex international
hiring landscapes.
A New Era of Payroll: Fast, Compliant, and
Crypto-Enabled
The acceleration
toward borderless, hybrid
payroll solutions has
fueled Rise’s growth.
Key features driving this success include:
- Multi-Currency Flexibility – Employers
can pay their teams in stablecoins and cryptocurrencies, along with
90+ fiat currencies.
- Global Compliance - Built-in KYC/AML
verification ensures secure and compliant onboarding.
- Automated Onboarding – A seamless
experience for businesses hiring and paying remote teams
worldwide.
Rise’s Vision: Scaling to $1 Billion and
Beyond
With $500M in payroll processed, Rise is setting its sights
on $1 billion in total payouts, further expanding
its global footprint and product capabilities.
The company is actively enhancing its platform with more
payroll-related services such as Employer of
Record, Direct Payroll, accounting, integrations, and expanded
crypto payment options to meet the needs of fast-scaling
businesses.
“As businesses continue to embrace global and hybrid
payroll solutions, our mission remains clear: to provide a fast,
compliant, and seamless way for companies to onboard and pay their
teams worldwide,” said Hugo
Finkelstein, CEO. “Reaching $500
million is just the beginning. As workforces start to demand hybrid
payroll from their employers, Rise is uniquely positioned to meet
their needs.”
About Rise
Rise is a
hybrid payroll and international contractor payment
platform that enables businesses to pay their teams
in local currency, stablecoins, or cryptocurrency.
Designed for global teams with distributed workforces, Rise
simplifies payroll & cross-border payments while ensuring
compliance.
For more information, users can visit www.riseworks.io.
