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Diana Mandiá - 2 Robert Half - 1 Kealan Lennon - 1 Lennon - 1 CleverCards - 1 CleverCard - 1 It's - 1 we've - 1
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Search resuls for: "Pluxee"


3 mentions found


☆ This fintech configures expense cards to block misuse — and investors just backed it with millions
  + stars: | 2024-06-14 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards to give companies control over how their employees use their corporate payment cards. CleverCards CEO Kealan Lennon says his platform aims to tackle exactly that. Lennon said that CleverCards' funding round stood out in what has been a brutal market for dealmaking and fundraising in fintech. CleverCards will use the fresh funds to expand its business, scale its products and explore broader opportunities, it said. In addition to the fundraise, CleverCards appointed five new non-executive directors to its board with experience in payments technology.
Persons: Robert Half, Kealan Lennon, Lennon, CleverCards, CleverCard, It's, we've, Patrick Waldron, Donal Daly, Marc Frappier, Garry Lyons, Viktoria Otero del Val Organizations: CNBC, eBay, Accenture, Microsoft, Apple, Stripes Locations: Dublin, France, Adyen, Betfair, fintech
☆ Sodexo raises outlook for voucher business a second time
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
June 30 (Reuters) - French catering and food services group Sodexo (EXHO.PA) on Friday raised the full-year outlook of its voucher business for the second time this year as it benefits from companies' attempts to get employees back to the office. Employers have also turned to companies like Sodexo to offer vouchers to staff to help them cope with the rising cost of living. Sodexo last raised its forecast for the voucher business in April, targeting organic growth close to 20% and an operating margin near 32%. Sodexo also tweaked the group's full-year outlook, seeing an underlying operating margin of 5.5%, versus "close to" 5.5% previously. Total group revenue was 6.03 billion euros ($6.55 billion) in the third quarter, slightly ahead of the 6.02 billion euros expected by analysts polled by the company.
Persons: Sophie Bellon, Bellon, Sodexo, Diana Mandiá, Milla Nissi, Jane Merriman Organizations: Employers, Thomson Locations: Gdansk
☆ Sodexo's voucher unit Pluxee plans tech hiring spree
  + stars: | 2023-06-19 | by ( Federica Mileo Diana Mandia | Federica Mileo | Diana Mandia | ) www.reuters.com   time to read: +2 min
Sodexo, which is benefiting from the cost-of-living crisis as employers look for ways to support staff without hiking wages, announced in April a plan to spin off and list its voucher unit on the stock exchange in 2024, betting on the good performance of the business. Smaller French rival Edenred (EDEN.PA), which joined France's blue-chip index CAC 40 (.FCHI) on Monday, posted in April first-quarter operating revenue growth as employers used its meal tickets and fuel cards to help staff cope with inflation. Pluxee, which employs 5,000 in 31 countries, targets full-year organic revenue growth of close to 20% and an underlying operating profit margin of around 32%. Sodexo's voucher business reported a core profit of 162 million euros ($177 million) in the first half of 2023. Reporting by Federica Mileo and Diana Mandiá in Gdansk, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Aurelien Sonet, Pluxee, Sonet, Edenred, Federica Mileo, Diana Mandiá, Louise Heavens Organizations: Thomson Locations: Gdansk
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