Fintech Worklife, specializing in the digitalization of employee benefits, joins Crédit Agricole to become a leading force in the French employee benefits sector. This transaction rounds out the Crédit Agricole Group's existing services in employee savings, retirement and group health insurance, providing a comprehensive perspective on employee benefits.

The complementary nature and synergies with Worklife will enable the Group to provide companies with the best possible support in developing and managing their compensation policy. SMEs are facing recruitment difficulties, with over a third (37%) having received no applications for their vacancies in 2023. 64% of companies surveyed are even forced to forego contracts or reduce their activity (source CPME 2023 study). Today, employee benefits are a key factor in attracting and retaining employees. As a major player in group insurance and employee savings in France, the Crédit Agricole Group is stepping up its action for companies with the acquisition of Worklife. Worklife offers an application that brings together all employee benefits (luncheon vouchers, sustainable mobility packages, transport passes, etc.) and a credit card that brings all these benefits together.

The startup has developed a unique technology that enables it to create any type of benefit, adapting to different company agreements and naturally integrating with any HR information system. For employee users, Worklife's solution makes it easy to grasp the full range of benefits available, notably through an individualized social balance sheet available every month on their application. Managers and Human Resources departments now have a tool for optimizing and steering their employee benefits policy. In the ongoing drive to enhance buying power, Worklife's employee benefits offer has already won over 150 corporate customers, from SMEs to large groups (including La Belle-Îloise, Saint-Gobain, Adecco, Amazon, etc.), and more than 120,000 employee users.