Corplife’s Weavr Partnership Whets Interest in Employee Benefits Corplife, a one-stop shop for employee benefits with offices in Vienna, has recently announced a new alliance with Weavr, an embedded finance company. Corplife Lunch, a digital solution for tax-free meal allowance, is being introduced as a result of the partnership. The employee benefits provider will launch the product as their specific module for tax-free benefits. The provider has onboarded over 2,500 clients, including well-known companies like Microsoft, A1, Booking.com, Siemens, and IBM.
The embedded finance tools that corplife needs to introduce its brand-new corplife Lunch solution will be provided by Weavr. Businesses can cut back on the administrative work and expenses related to employee meal reimbursements by using corplife Lunch. The solution gives employers more control over what their staff members spend at stores and restaurants.
In reality, corplife Lunch makes use of Weavr’s Employee Financial Plug-in to provide employers with the controls they require to set pre-approved lunch allowances with the added bonus of automatic payment reconciliation.
When given a corplife Lunch card, employees can use it to purchase food and, for added convenience, add the card to Google Wallet or Apple Wallet. They don’t have to spend their own money or wait until the end of the month to get reimbursed because they have immediate access to pre-determined funds provided by their employer.
While corplife has a number of well-known clients, the platform is dedicated to helping businesses of all sizes strengthen their bonds with their staff by providing corplife Lunch. Employees can earn up to €146 more per month thanks to the innovative platform, whether they work from home or leave the office, and they can save up their leftover lunch money.
Because of Weavr’s simple and clear Plug-and-Play Finance solution for embedded finance, corplife decided to work with them. Weavr’s platform can be integrated at a fraction of the cost of Banking-as-a-Service providers, in contrast to alternative embedded finance solutions. When choosing a partner, Corplife chose this as just one of the advantages that stood out.
“We’re thrilled to partner with Weavr to bring more value to our customers,” said Mario Nowak, the founder of corplife. Their technology has made it possible for us to quickly and painlessly introduce new capabilities, and their regulatory management experience has been of immeasurable value. With the flexibility to use the allowance at both home and work, Weavr’s solution enables us to offer additional options for businesses looking to offer meal allowances.