Tundr, a Milan-based fintech startup, has secured €7.2M in seed funding to transform corporate welfare management in Italy. With support from notable investors, including 360 Capital and CDP Venture Capital, Tundr aims to leverage the growing demand for digital solutions in this sector. Founded in 2022, Tundr provides a unique product—the Tundr Card—allowing employees to utilize welfare credits at numerous retail points. The startup boasts a portfolio of over 400 clients and a significant usage rate of more than 95% for the €20M welfare credits issued so far.
Milan-based fintech startup Tundr has raised €7.2M in seed funding to digitise corporate welfare in Italy, tapping into a significant market opportunity.
The Tundr Card operates on the Mastercard network, accepted at over 70,000 POS in Italy, allowing seamless employee welfare credits management.
Lucrezia Lucotti from 360 Capital stated that Tundr demonstrates strong execution and regulatory expertise, crucial for disrupting corporate welfare.
Tundr's digital platform enables over 400 companies to easily manage welfare plans including flexible employee benefits, achieving over 95% credit usage.
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