ePassi is transforming the legacy, chaotic paper-based employee benefits landscape with its first-of-kind 100% digital, mobile-enabled administration solution. ePassi has cemented itself as the market leader in account-to-account payments for digital employee benefits, and the numbers speak for themselves: over 1.5 million employees from 9,000 employers have access to their benefits through ePassi’s network of more than 35,000 merchants.
When we met ePassi's founder Risto Virkkala back in 2018, we were struck by a visionary entrepreneur who saw the enormous potential for ePassi to become the undisputed category winner in employee benefits management. In the short period since founding, ePassi had disrupted the market with a full-stack digital payments solution addressing the large and attractive employee benefits market. In the 3 years since Bregal Milestone’s growth investment, including 3 acquisitions, ePassi has continued it’s exceptional journey with a six-fold increase in user numbers and expanded Nordic market share.
We’re excited to support ePassi on their European growth story.