Rise

Rise is an all-in-one compliance & payments solution provides automated routing between fiat and cryptocurrencies. Rise is helping businesses onboard, manage and pay local/international contractors while ensuring full compliance and alleviating burdensome tax processes.

Funding Round: $3.8 Million

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What is Rise

Rise is a crypto payroll platform that leverages the advantages of blockchain technology for automated payouts and guaranteed compliance. The future of payroll is on-chain, instant and global.

You can issue payments as a company based in Canada or to your global contractors working in Canada with the ease and security of Rise Pay. Determining whether your crypto earnings will be subject to capital gains taxes, business income tax, or excise tax can be tricky. For companies paying taxes on barter transactions for services compensated in crypto there is a high margin for error.

Skip the costly noncompliance and leave it to Rise to issue your automated, instant crypto payments to contractors with all tax considerations managed along the way.

Rise offers the following features:

• Contractor Onboarding & KYC
• Fiat & Crypto Payments and Payouts (independently from Treasury used)
• Global & Instant Pay
• 1 Click Mass Payouts
• 1099 & W9/W8BEN handled by Rise