BBVA continues to strengthen its collaboration ecosystem with innovative emerging companies. This time it was in the United States, where he participated in a new round of funding for a fintech company that helps manage employee benefit plans.
Already raised $19 million
This startup, which used to be called EaseCentral, has raised $ 19 million in its latest round of financing, which it intends to use to expand its product proposal and develop new user experiences. Part of that money will come from Propel Venture Partners, the venture capital fund of the BBVA Group based in San Francisco.
This company has developed a system of registration in social benefit
This company has developed a system of registration in social benefit plans ‘online’ for insurance agencies and companies that have as clients, which can simplify with it the processes of configuration and management of benefits and registration of new incorporations. It is a service that many SMEs can not afford to have internally and that, in addition, guarantees regulatory compliance as well as a portal for employees in which they can find all their information about social benefits.
Its solution is already used by 1,200 insurance agencies and, to date, it has processed the registration of 1.5 million employees in more than 16 million social benefit plans.
The idea of this company is to simplify and evolve the tool
In this sense, within the framework of this round of financing, the company has announced the update of its system, with a new image and features.