About Edenred Pay
Edenred Pay is a company based in Secaucus (United States) founded in 2018 by Greg Bartels was acquired by Edenred in October 2022. It operates as a SaaS (Software-as-a-Service), and B2B2C. Edenred Pay offers products and services including Invoice-to-Pay Automation, Virtual Cards, and Corporate Travel Payments. Edenred Pay operates in a competitive market with competitors including Freshworks, WalkMe, Thryv, Bonitasoft and IGrafx, among others.
- Headquarter Secaucus, United States
- Founders Greg Bartels
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Edenred Pay
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Products & Services of Edenred Pay
Edenred Pay offers a comprehensive portfolio of products and services, including Invoice-to-Pay Automation, Virtual Cards, and Corporate Travel Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automation of invoice processing from receipt to payment.
Secure virtual card payments for supplier transactions.
Streamlined payment solutions for corporate travel expenses.
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Funding Insights of Edenred Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Edenred Pay
Edenred Pay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Edenred. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Employee benefits and payment solutions are managed for businesses.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Edenred Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Edenred Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Edenred Pay Comparisons
Competitors of Edenred Pay
Edenred Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freshworks, WalkMe, Thryv, Bonitasoft and IGrafx, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based business process management suite solutions are delivered.
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Digital adoption platform is provided for software optimization.
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SaaS-driven solutions for fitness business management are offered.
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Open-source business process management software is provided for enterprises.
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Business process management solutions
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Provider of customer experience and enterprise process management solutions for businesses
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Edenred Pay
Frequently Asked Questions about Edenred Pay
When was Edenred Pay founded?
Edenred Pay was founded in 2018.
Where is Edenred Pay located?
Edenred Pay is headquartered in Secaucus, United States. It is registered at Secaucus, New Jersey, United States.
Who is the current CEO of Edenred Pay?
Greg Bartels is the current CEO of Edenred Pay. They have also founded this company.
What does Edenred Pay do?
Edenred Pay is established as a market leader in B2B payments automation, offering integrated solutions for invoice-to-pay processes. Services are provided across various industries including media, hospitality, healthcare, and property management. Solutions such as virtual cards, invoice automation, and corporate travel payments are designed to enhance efficiency, reduce costs, and strengthen supplier relationships. The platform is seamlessly integrated with leading ERP and accounting systems to ensure transparency and optimize financial operations.
Who are the top competitors of Edenred Pay?
Edenred Pay's top competitors include Freshworks, WalkMe and Thryv.
What products or services does Edenred Pay offer?
Edenred Pay offers Invoice-to-Pay Automation, Virtual Cards, and Corporate Travel Payments.
Who are Edenred Pay's investors?
Edenred Pay has 1 investor. Key investors include Edenred.