Rise Details Global Payroll Platform Scale
Rise shared their journey from bear-market pivot to processing more payroll volume than most banks see in a decade. This offers a case study on global distributed team payments in fiat and crypto. The company provides a case study for high-volume processing, relevant to mortgage lenders expanding operations.
Rise surpassed $1 billion in total payroll volume in late 2025, doubling its volume in just nine months. CEO Hugo Finkelstein calls this a sign that hybrid payroll (fiat and crypto) is the future. Rise's platform allows companies to fund payroll in fiat, stablecoins, or crypto and lets employees withdraw earnings in their preferred currency. The company secured $6.3 million in Series A funding in November 2024, bringing its total funding to $10 million. Investors include Draper Associates and Polymorphic Capital. The funding is being used to expand the team, develop new products, and grow its global compliance infrastructure. Rise supports both local currency and cryptocurrency payments, catering to the tech, Web3, and global workforce industries. The platform automates compliance with payroll regulations and tax laws across many countries. It also offers features like multi-treasury support, smart contract automation, and on-chain professional identity verification. The global payroll services market is estimated at $35.32 billion in 2026 and is projected to reach $52.75 billion by 2031. Rise faces competition from companies like Paylocity, ADP HR, Paycom, Deel and Rippling. Rise stands out with its hybrid payroll options and focus on crypto.
