Posted on November 7, 2018 by staff

Perkbox unveils ‘industry first’ card-linking tech

Perkbox unveils ‘industry first’ card-linking tech

Perkbox CEO Saurav Chopra
Perkbox CEO Saurav Chopra

Tech scale-up Perkbox has become “the world’s first” employee experience platform to introduce card-linking technology to its offering.

The company, which has offices in London and Sheffield, promises the move will “revolutionise” the quality and diversity of its perks and benefits.

The tech will enable employees to connect with local businesses and gain access to local discounts by connecting their debit and credit cards to the Perkbox platform.

Partnerships and propositions director Ashish Sampat described the technology as “a disruptive solution”.

“We’re confident that this will contribute to our platform’s mainstream appeal and will increase the satisfaction levels of our users,” he said.

“We see this evolving to next stage of our financial wellbeing proposition very soon, that looks into open banking and PSD2, empowering employees to make better financial decisions.”

Perkbox currently has over 3,000 locations signed up to using its card-linking tech and is negotiating with thousands of others in the coming months.

The offering is not limited to local merchants as high-street names like Pizza Express, Hop, Veeno Company and Black Sheep Coffee have already signed up.

Perkbox claims to be Europe’s fastest-growing employee engagement platform, already used by 7,000 companies including OpenTable, Nandos, Hawksmoor, Rentalcars and Levi Strauss & Co.

In September the start-up appointed tech veteran Paul Schulz, ex-head of mobile technology at Yahoo!, as its chief technology officer ahead of plans to grow its team.

Last month, it announced plans to expand into Europe, starting with France.

Led by co-founder and CEO Saurav Chopra, Perkbox hopes to serve 10 million employees by 2020 and 100 million by 2025. The company expects to be a £100 million run rate business by 2020.