Ezio, A Fintech Company, Raises €400,000 To Fuel Its Expansion

A French fintech business called Ezio focuses on payments for professionals that help those in need. A leading provider of payment solutions for people-helping professionals, Ezio, has raised €400,000 with Aladom to support its commercial growth in the personal services industry and its expansion into French and European healthcare and social care institutions. With approximately 200 outlets outfitted around the nation, Ezio first established itself in businesses that provided personal services. The business has disclosed that it has raised €400,000 to further its commercial growth in personal services and to enter the French and European markets for healthcare and social care facilities.

In all European nations, there is a growing demand for assistance for those who are dependant and those who are losing their freedom. The personal assistance industry is expanding quickly in response to this challenge and aims to increase its effectiveness by incorporating digital technologies.

Ezio is a financial technology (fintech) that targets professionals in home care and all medico-social establishments involved in securing, streamlining, and tracking daily purchases made by professionals for dependent seniors and people with disabilities. It was developed in 2019 in Vendée by Sébastien Vray and Jéremy Castelli. Securing and making payments to caregivers more simple

The payment of “groceries” causes issues with organization, follow-up, and security in SAPs and more broadly in settings with personnel in charge of assisting frail individuals. “In the absence of a better option, each structure has developed its own system. This invariably costs time and occasionally poses hazards when dealing with the accepted payment options. With Ezio, we establish a special, streamlined routine that is safe for patients and home health aides and open to families and guardians, says Sébastien Vray.

Ezio is a smartphone app for carers and an internet program connected to payment cards that can be monitored in real-time by the establishment’s managers.

Resources for growth in France and Europe

Ezio originally established itself in personal services businesses, both associations and private, independent, or franchised, with about 200 facilities outfitted around the nation. Major national networks now using Ezio include APEF, O2, Viva Services, Senior Compagnie, Ge d’Or Services, and Générale des Services. Ezio (Courseur SAS) completes fundraising of €400 000 with Pays de la Loire Participations, the network of Business Angels ABAB, Banque Populaire Grand-Ouest, and the enterprise Aladom after a first financing of €150 000 in 2021.

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In order to position Ezio as the European market leader in payment for supported persons, the company will be able to expand its services to all institutions that receive vulnerable people who are affected by these purchasing logics and accelerate its commercial development.

The co-investment fund of the Pays de la Loire Area aims to encourage the establishment and growth of small and medium-sized businesses in the Loire region by making equity and quasi-equity investments of up to €700,000 with private financial partners. Up to this point, Pays de la Loire Participations has invested in the capital of about sixty Pays de la Loire-based businesses. This fund’s management has been given to the private equity firm SIPAREX, which has a committed team in Nantes.

On the suggestion of members of the NAPF and the CCI, the Pays de la Loire region’s business angel network, ABAB, was established in 2007. The network brings together 150 members who are entrepreneurs, business owners, or company managers from the Loire-Atlantique, Maine-et-Loire, and Vendée regions. It is hosted by the Nantes Saint-Nazaire Chamber of Commerce and Industry and is managed by the Maine-et-Loire Chamber of Commerce and Industry and the Vendée Chamber of Commerce and Industry. The ABAB Business Angels offer the business’s founder or purchaser their time, money, and expertise.

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