In line with its Invent 2016 strategy to prepare its expansion into new territories, Edenred recently announced a partnership with venture capital firm Partech International.
The Group is investing €15 million in the Partech International VI fund, which is raising an initial €100 million. The fund will invest in young, fast-growing companies involved in the digital economy and offering new web-based, e-commerce and e-marketing services as well as new payment media solutions.
The investment will enable Edenred to explore new opportunities in adjacent sectors. Edenred will also be able to track emerging developments, with the goal of anticipating changes that impact its shareholders: client companies, employees and affiliates.
Through its support for high potential companies, Edenred – in keeping with its pioneering spirit – has made innovation a priority driver of future growth.
Edenred UK
Edenred in the UK
Edenred helps organisations engage and motivate people for enhanced performance through the provision of flexible benefits, incentive and motivation solutions, expense management and communication services. It has 260 employees, 18,000 private and public sector clients, 1,000,000 users and 75,000 affiliates throughout the UK.
