Edenred and Abry Partners Launch Strategic Partnership

Edenred and Abry Partners have formed a strategic partnership to drive the development of Edenred Pay North America. Abry Partners will invest $75 million, gaining an interest in the business, convertible preferred shares, and priority access to equity value, aimed at accelerating Edenred Pay's growth. The partnership is aligned with Edenred's focus on its core business activities under its Amplify25-28 plan.

Since acquiring what was formerly CSI in 2018, Edenred has integrated various payment capabilities into its platform. Although Edenred Pay North America contributed around 1% to Edenred's 2025 EBITDA, this new venture with Abry aims to increase the company's foothold in the B2B payment sector, leveraging Abry's expertise.