Edenred Backs Qileo on Responsible Corporate Accounts

Founded in 2022 by Anne-Laurence and Karl Zanclan, Qileo is the first ethical corporate account that allows French companies to no longer choose between business and impact. They can manage their finances with peace of mind, save valuable time with pre-accounting features, and measure and reduce their carbon emissions through the tool’s recommendations.

While liquidities invested in the traditional banking system can finance the development of fossil fuels, Qileo ensures exclusive funding for eco-responsible projects and companies that promote energy transition and social justice.

As a trusted partner of fintechs in Europe with its Banking-as-a-Service (BaaS) offering, Edenred Payment Solutions has enabled Qileo to structure its services around an account with a French IBAN, an eco-friendly Mastercard (recyclable or virtual), and a web and mobile interface for expense tracking and analysis.

This allows Qileo to benefit from a robust, scalable, and compliant infrastructure, along with fund protection linked to Edenred’s electronic money institution status.

Karl Zanclan, CEO of Qileo: “This launch marks an important milestone in our development. With Qileo, we aim to offer an innovative and responsible solution in the corporate account market. Thanks to Edenred Payment Solutions, we can provide a comprehensive payment offering and focus on differentiated services for businesses of all sizes: freelancers, small and mid-size businesses.”

Rehana Mitha, Managing Director at Edenred Payment Solutions: “Staying true to our mission ‘Enrich Connections. For Good.’, we are delighted to support Qileo by leveraging the full power of our payment platform. It is a source of pride to stand alongside innovative companies offering an alternative and more responsible financial solution.”