Edenred acquires a stake in Belonio

The Münster-based start-up Belonio is now working together with the service platform Edenred. In future, the companies want to offer services relating to employee benefits from a single source.
The employee benefits platform Belonio is getting a new partner in the form of the service platform Edenred. This has now been announced by both companies. Edenred's minority shareholding means that all services relating to employee benefits can now be offered from a single source.
The Münster-based start-up Belonio was founded in 2015 by Frank Rohmann and Sven Janßen. Companies can offer their employees additional benefits via the company's platform. These can be meal allowances, gift vouchers or a company pension scheme. Belonio's software automatically ensures that the benefit programs comply with applicable tax laws. Around 650 companies currently use Belonio.
The French company Edenred offers cross-divisional earmarked payment solutions, for example for meal vouchers, tolls and parking fees as well as gift vouchers. According to the company, its German subsidiary alone has 37,000 corporate customers. "With Belonio, we are adding a digital benefits management platform to our customers' offering," explained Christian Aubry, Managing Director at Edenred Germany, in light of the merger: "In future, all benefits can be managed via this platform and with the help of an associated employee app - all that is needed is a report for payroll accounting."
Belonio CEO Thomas Pry also expressed his satisfaction: "The strategic partnership with Edenred opens up resources for the further development of Belonio and the integration of additional benefits into our platform."

Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectFYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?