Edenred Capital Partners supports European technology entrepreneurs with long-term capital and scale-up expertise across fintech, commerce tech, future of work and professional mobility.
The seed round was led by AlbionVC with participation from Chalfen Ventures, Portfolio Ventures, Blue Lion Global, and Edenred Capital Partners.
"Our mission is to help companies build a learning culture so their people can unlock their true potential, and we have come a long way in a short period of time. We are building the first global learning superapp that companies of all sizes can use to upskill everyone, improve employee retention and drive innovation."
The seed round was led by AlbionVC with participation from Chalfen Ventures, Edenred Capital Partners, Portfolio Ventures and Blue Lion Global.
"5Mins sits at the crossroads of two massive shifts: employee engagement on one side and 'TikTokisation of everything' on the other. The impressive commercial momentum and next level user engagement the company has been experiencing in a short amount of time is testament that the market is craving for more personalised, engaging learning tools. Saurav has a lot of experience in the space which makes him uniquely well placed to disrupt this large broken market. We are so thrilled to be partnering with him and the whole team to achieve this ambitious vision!"
The investment round was led by Bank of America and Edenred Capital Partners to support expansion into the United States.
"Banked has built a product that can operate inside tier 1 banks, payment providers, gateways and technology platforms to allow them to offer Pay by Bank to their merchants. We have had a maniacal focus on infrastructure, security, and end consumer experience. Our clients only need to focus on integration. We really want to work inside the existing ecosystem and are building out very strong partnerships to deliver Pay by Bank globally. 2022 will see some really big brands go live with Pay by Bank, driving at the heart of delivering innovation at point of purchase to both the merchant and consumer"