Rise Launches Rise V2: Introducing Employer of Record, Direct Payroll, Daily Payroll, and Rise Earn
Today marks the biggest product launch in Rise history.
We've spent the past several months rebuilding the platform from the ground up to create a faster, more flexible, and more powerful experience for businesses managing global teams.
The result is Rise V2.
This release expands Rise beyond contractor payments and introduces new ways for companies to hire, pay, and manage talent across the world—all from a single platform.
Whether you're paying contractors, onboarding full-time employees, managing payroll across multiple countries, or moving funds internationally, Rise V2 gives you more flexibility and control than ever before.
What's New in Rise V2
Employer of Record (EOR)
Companies can now hire full-time employees internationally without establishing local legal entities.
Rise Employer of Record handles employment compliance, payroll administration, benefits, and local labor requirements, allowing businesses to onboard talent in supported countries quickly and compliantly.
Learn more about EOR here.
Direct Payroll
Run payroll directly from your Rise balance.
With Direct Payroll, companies can manage employee payroll without relying on multiple systems or external providers, creating a more streamlined payroll experience from funding to payment.
Learn more about Direct Payroll here.
Daily Payroll
Payroll no longer has to be limited to traditional monthly or bi-weekly schedules.
Rise V2 introduces Daily Payroll, giving businesses greater flexibility in how and when they compensate their workforce while helping employees access earnings more frequently.
Learn more about Daily Payroll here.
Expanded USDT Withdrawal Options
Rise now supports USDT withdrawals across significantly more blockchain networks.
Payees can withdraw funds using Solana, Tron, TON, and more than 10 additional supported networks, providing greater flexibility, lower fees, and more choice in how funds are received.
Learn more about Rise's integrations here.
Rise Earn
Idle balances shouldn't sit unused.
Rise Earn allows eligible users to put funds to work and generate passive yield directly from their Rise account, helping businesses make better use of capital while maintaining operational flexibility.
Learn more about Rise Earn here.
Fiat-to-Fiat Swaps
Businesses operating globally often need to move between currencies quickly.
Rise V2 introduces fiat-to-fiat swaps, allowing users to convert between supported fiat balances directly within the platform at transparent quoted rates.
Built for Faster Global Payroll
In addition to the headline features, Rise V2 includes dozens of upgrades across the platform.
We've redesigned the user interface, improved platform performance, strengthened security infrastructure, enhanced reporting capabilities, streamlined workflows, expanded payment options, and delivered countless quality-of-life improvements throughout the product.
Every update was designed around a single goal: helping businesses hire, pay, and manage global teams more efficiently.
See Everything That's New
The features highlighted above represent some of the biggest additions in Rise V2, but they're only part of the release.
Alongside Employer of Record, Direct Payroll, Daily Payroll, Rise Earn, fiat-to-fiat swaps, and expanded withdrawal options, we've shipped dozens of additional improvements across the platform, including user experience enhancements, workflow upgrades, security improvements, infrastructure updates, and new capabilities designed to make global payroll faster and more flexible.
For a complete breakdown of every feature, improvement, and enhancement included in Rise V2, visit our Release Notes Center:
Our team will continue publishing updates there as new features and enhancements are released.
This Is Just the Beginning
Rise has helped businesses pay talent in more than 190 countries while supporting both traditional banking rails and digital assets.
Rise V2 represents a major step forward in that mission.
We're incredibly grateful to our customers, partners, and team members who helped shape this release through feedback, testing, and continued support.
Today is the launch of Rise V2.
And we're only getting started.
Book a demo to see Rise V2 in action.