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Edenred

@edenred.com

Edenred is a leading services and payments platform and the everyday companion for people at work.

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About

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Edenred is a French multinational company specializing in prepaid corporate services. The company was founded in 1962 in France and initially operated as a subsidiary of the Accor Group. In 2010, Edenred became an independent company and was listed on the Euronext Paris stock exchange. The headquarters of Edenred is located in Malakoff, a suburb of Paris. The company's headquarters houses various departments, including finance, marketing, and research, as well as a customer service center. The office is designed to foster collaboration and innovation, reflecting Edenred's commitment to providing cutting-edge solutions. One of the main products offered by Edenred is the Ticket Restaurant meal voucher. These vouchers, which are widely recognized and accepted in restaurants and food outlets, provide employees with an additional benefit, empowering them to enjoy quality meals while enhancing their work-life balance. Edenred also offers a range of other prepaid services, including the Ticket Car option for transportation expenses, the Ticket Clean Way solution for cleaning services, and the Ticket CESU solution for home assistance expenses. With a presence in more than 45 countries, Edenred operates on a global scale. The company has established notable subsidiaries, joint ventures, and partnerships worldwide. For instance, Edenred Solutions is a subsidiary that specializes in prepaid services for small and medium-sized businesses. Additionally, Edenred has formed partnerships with various organizations, including retailers, restaurants, and financial institutions, to expand its offering and enhance customer experience. As a market leader in prepaid corporate services, Edenred has achieved remarkable sales growth over the years. The company's global sales amounted to €2 billion in 2020, solidifying its position in the industry. Edenred faces competition from other multinational corporations, such as Sodexo and Up Group, but maintains its stronghold by consistently innovating its services and staying attuned to changing market demands. In terms of major events and achievements, Edenred has received recognition for its commitment to sustainable development and corporate social responsibility. The company has also undergone strategic changes, such as the acquisition of Corporate Spending Innovations (CSI), a leading provider of automated payment solutions. Currently, Edenred continues to expand its portfolio of prepaid services and strengthen its global presence. The company seeks to leverage digital technology and innovation to provide tailored solutions that meet the evolving needs of its clients. As a result, Edenred remains a prominent player in the prepaid corporate services sector, poised for further growth and success.

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Company Type

Public Company

Company Size

5001-10,000

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