Railsbank partners with Sodexo Engage

By Joy Dumasia

Railsbank, the leading global Embedded Finance Experience platform, is now the BIN sponsor for the Sodexo Engage Spree Card programme. Under the partnership with Railsbank, Sodexo Engage will continue to provide a smooth and secure end-to-end payment process to all of its cardholders. 

Sodexo Engage is the UK’s leading employee engagement expert. Its Spree card is a prepaid card that can be loaded up by an employer with bonuses, referrals and incentive rewards and used in the same way as a debit card. Used by organisations to build employee engagement through incentives and recognition and support financial wellbeing, it also gives employees access to exclusive cashback offers, helping wages stretch even further. 

Louisa Murray, COO of Railsbank UK and Europe, said: “We are delighted to be working with Sodexo Engage, a leading player in employee engagement and benefits. Through its Spree card, Sodexo is helping employees to manage their financial wellbeing through innovative initiatives, and we look forward to a long and exciting partnership together.” 

Alex Stenning, Director of Operations and Customer Experience at Sodexo Engage UK, added: “We are tremendously excited to embark on this relationship with Railsbank. Together we can enhance and grow the services that we provide to our clients and consumers to ensure best in class employee experiences.” 

Recently, IBS Intelligence reported that AAZZUR Banking-as-a-Service (BaaS) integrator had expanded its partnership with embedded finance experience platform Railsbank. The move allows AAZZUR to increase its number of compliance-ready core banking products while becoming the front-end BaaS provider for a large number of Railsbank’s DACH clients.