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.
