Italian FinTech Tundr secures €7.2 million to scale its digital platform for corporate welfare

Milan-based FinTech start-up Tundr, which is streamlining business well-being with a totally electronic and easy to use system, has actually increased a EUR7.2 million Seed round to scale its item and broaden in the Italian market.

The round was led by 360 Funding with its 360 Digitaly fund, sustained by CDP Equity capital by means of the Digital Change Fund– PNRR.

The financing round additionally attracted assistance from Azimut Libera Impresa SGR (with ALIcrowd III and IV ), Exor Ventures with Vento, Alecla7, Vesper Holding, and a team of famous worldwide company angels consisting of Jean Canzoneri (Creator of Ogury) and Carlo Enrico (previous Mastercard head of state for Latin America), that is additionally signing up with Tundr’s Board of Supervisors.

” Even more than ever before, business well-being is forming the globe we live and operate in,” claimed Giorgio Seveso, Chief Executive Officer and Founder of Tundr. “ It’s no more a side advantage– it’s a tactical column for just how firms get in touch with their individuals. In an inflexible and ineffective market, we have actually made well-being strategies genuinely very easy to make use of, versatile, and impactful. We’re constructing a community that’s open, autonomous, and developed around individuals. This brand-new financing will certainly aid us range much faster and make advantages genuinely easily accessible– anytime, anywhere“

Established In 2022 by Giorgio Seveso, Jules Arthur Sastre, and Luca Milesi, Tundr is constructing a brand-new criterion for business well-being in Italy: digital-first, regulation-compliant, and developed with individuals in mind. With workplaces in Milan and Lecce, and a group of 30, Tundr has actually onboarded over 400 firms throughout fields like logistics, HUMAN RESOURCES, style, shopping, and production.

At the heart of Tundr’s offering is the Tundr Card, a wise well-being card that services the Mastercard network at greater than 70,000 factors of sale in Italy. It allows workers to invest their well-being debts conveniently and legitimately, completely certified with the Italian regulative structure.

The system permits firms to turn on personalized well-being strategies in “ simply a couple of clicks“– handling both additional benefit (such as purchasing, gas, and present coupons) and much more organized versatile advantages (consisting of health care, pension plans, flexibility, and education and learning), all within one smooth application experience.

Tundr’s UX has actually driven over EUR20 million in well-being debts released, with use prices surpassing 95%– according to numbers offered by Tundr.

The firm displays ESG criteria of the sellers where well-being debts can be utilized, motivating workers to patronize accountable companies. The objective: promote a worth chain that includes not just companies and workers, however vendors and areas also.

“ The digitisation of business well-being is an enormous, untapped chance in Italy– one we have actually seen play out effectively throughout various other European markets,” includes Lucrezia Lucotti, Companion at 360 Funding. “ Tundr incorporates solid implementation with regulative knowledge and item emphasis in a market ripe for interruption. The group has actually shown the capacity to attain much more with much less, getting grip much faster than numerous better-funded rivals.

” We’re backing Tundr due to the fact that our company believe they’re constructing the future criterion for fringe benefit in Italy and past“

The article Italian FinTech Tundr secures €7.2 million to scale its digital platform for corporate welfare showed up initially on EU-Startups.