Olenbee raises €7m Series A for expansion in France
The employee-benefits platform plans to develop its technology and accelerate French market growth.
The financing will support digitization of employee-benefit offerings and expansion of platform capabilities. The collected record does not name the investors.
Olenbee’s operating model links benefits to employees’ existing bank cards and reimburses qualifying purchases. The expansion brings that offering to more employers without requiring a separate benefits payment card.
Use of funds
Digitize employee-benefit offerings
Expand technology infrastructure and platform capabilities
Accelerate market penetration in France