Edenred: takes stake in Candex
(CercleFinance.com) - Edenred today announces that, via Edenred Capital Partners, it has taken a stake in the US start-up Candex, which is specialised in the monitoring and payment of suppliers, with total fundraising of 3.
5 million dollars.
This investment aims to finance Candex's development and enrich its solution. It also enables Edenred to explore the entrepreneurial ecosystem in the field of inter-company payments, which is in line with its open innovation strategy.
Candex is the eleventh company supported by Edenred Capital Partners. Created in 2012 to support innovative projects with strong growth potential, this venture capital structure invests in new areas as Edenred continues its transformation.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5 million dollars.
This investment aims to finance Candex's development and enrich its solution. It also enables Edenred to explore the entrepreneurial ecosystem in the field of inter-company payments, which is in line with its open innovation strategy.
Candex is the eleventh company supported by Edenred Capital Partners. Created in 2012 to support innovative projects with strong growth potential, this venture capital structure invests in new areas as Edenred continues its transformation.
Copyright (c) 2018 CercleFinance.com. All rights reserved.