With a track record of success and exponential growth, Vaziva stands out for its innovative approach to CSE endowment. From its creation to recent stock market announcements, let's dive into the captivating story of this fast-growing fintech, promising a bright future both financially and strategically.
Vaziva, market leader in employee benefits
Since entering the European market 7 years ago, Vaziva has built its success on the solid foundations of a team of outstanding experts from the telecoms, innovation and FinTech sectors. Driven by a bold and innovative vision, the company's mission is to modernize the field of social and employee endowment by responding pragmatically to market needs.
Thanks to a strategic partnership with MasterCard, Vaziva has revolutionized access to CSE endowments by offering a managed payment card, consolidating all salary allowances on a single medium. This forward-thinking approach has positioned Vaziva as a European pioneer in its field, offering its beneficiaries an unrivalled benefits management experience.
Vaziva, a success story
Building on the success of this fruitful collaboration, Vaziva has experienced dazzling growth, and now employs over 50 people worldwide. Committed to ambitious European expansion, the company recently made the bold decision to list on the Paris Stock Exchange's Euronext Access, demonstrating its confidence in its future development potential.
Driven by exponential growth, Vaziva achieved annual sales of €25.6 million in 2023, recording an impressive 79% increase on the previous year. This remarkable performance was fuelled by the successful roll-out of its 360-degree offering, combining technological innovation and solid partnerships with corporate customers.
Vaziva takes it to the next level!
Vaziva's recent transfer to Euronext Growth® Paris marks a significant milestone in its entrepreneurial journey. This strategic decision is designed to give the company privileged access to a market better suited to its size and market capitalization, thereby boosting its visibility and growth momentum.
Vaziva's CEO and Founder, expresses his satisfaction at this transition to Euronext Growth® Paris, underlining the strategic importance of this step in the company's development. Confident in Vaziva's ability to attract new investors and support its international expansion, he affirms the company's determination to pursue its trajectory towards excellence.
Vaziva: key information
Date of creation - existence
Vaziva has been around since 2015.
Workforce
By the end of 2023, the company will have almost 50 employees in Europe.
Sales figures
In 2023, Vaziva will achieve annual sales of €25.6 million, a sharp 79% increase on 2022.
Initial public offering
On March 13, 2024, VAZIVA announced that it had received approval from the EURONEXT Listing Board to transfer its shares from EURONEXT Access TM Paris to the EURONEXT Growth® Paris market.
Scalability
Very strong. Vaziva relies on an innovative technology & strategy that enables it to be highly agile and adaptable to all markets worldwide.
Mantra/Citation CEO
Patrick Berthé, CEO and Founder of Vaziva, comments: " As a pioneer in the dematerialization of employee benefits, Vaziva is attracting growing interest for its customized solutions that meet companies' evolving expectations in terms of employee benefits. We are confident in our ability to attract new investors and strengthen our financial resources to support our international expansion. "
