Fintech Friday: C2A Card

C2A Card is a French payment institution specialized in the management of professional travel costs. Richard Crawshaw, head of marketing at C2A Card, tells Efma’s Boris Plantier about his goals and explains why its services are proving to be beneficial for companies of all shapes and sizes.

“Our company originated in the transport sector,” explains Crawshaw. “Gilles D'Huiteau, the founder and CEO of C2A, observed the difficulties many companies face in managing mobility and travel expenses of their employees along with their need to optimize budgets and spending visibility. Our goal is to enable companies to reduce their mobility costs and management time with a complete solution from payment to accountancy integration.”

The company has been approved by the ACPR. (Autorité de Contrôle Prudentiel et de Résolution), the Prudential Supervision and Resolution Authority at the Bank of France.

Crenshaw says that C2A Card’s solution provides integrated payment solution specialized in the B2B sector. “The solution combines two types of cards: the fuel card, with a network of partner stations, and a corporate payment card.

“Our clients have access to a single Mastercard payment card for all types of business expenses, as well as a platform for managing funds and setting up cards in real time,” Crenshaw explains. “The company chooses what it wants to pay with its card. We also offer a network of low-cost partners with automatic invoicing and discounts; a mobile service allowing employees to automate expense claims directly from their smartphone; connected services to facilitate employee mobility and enable managers to control expenses in real time; and a 24-hour road side assistance and insurance.”

In the months ahead, C2A will continue to work daily to develop its European network of partners. “Our clients will benefit from continuous growth on our petrol station network, currently 2,300 across Europe, as well as new partners in travel reservations, hotel and restaurant chains,” says Crenshaw.

The company will also be releasing new features to assist C2A card users to pay and manage work-related expenses as well as further automating transaction-data integrations in to accountancy and administration documents.