What Epsor does

Epsor, operated by FREMAVI SAS and headquartered in Paris, is a French fintech that designs and distributes employee savings (épargne salariale) and retirement plans for corporate clients. The company's core platform enables HR and Compensation & Benefits teams to transfer or set up PEE, PER Collectif and PER Obligatoire schemes, providing employees with access to an open-architecture fund range (39+ curated funds across 566+ placement supports) and personalized investment profiles. The technology is delivered through a cloud-based digital platform (hosted on AWS in France) complemented by the Tuttim mobile app for salary transparency and total rewards, the Impact tool for fund composition analysis, and the L'addition community for HR professionals. Underlying infrastructure is anchored by Société Générale for custody and banking services, with the operating stack built on HubSpot, Intercom, Braze, Metabase and Mailjet.

Epsor generates revenue primarily through recurring asset management fees on assets under administration, supplemented by enterprise advisory and scheme transfer services. With €3+ billion in assets under management and 700-2,500+ corporate clients spanning luxury, consulting, public banking, packaging, e-commerce, engineering and retail (logos include Bpifrance, CELINE, Kearney, Veepee, Solocal, Albéa, AREP, Optic 2000 and Cegid), the company operates an enterprise field sales motion with quote-based annual subscription pricing tailored to company size and AUM. Reported client outcomes include +20% average fund outperformance versus the French market over five years and a 4.8/5 advised-saver satisfaction score, with employee adoption rates of 72-96% across named accounts.

The company was founded in 2017-2018, is led by co-founders Julien Niquet (CEO), Benjamin Pedrini (COO) and Julien Murgey (CTO), and has raised approximately €48 million+ across multiple rounds from Revaia, Partech, BlackFin Capital Partners, Augmentum Fintech and the government-backed Fonds Stratégique des Transitions (FST). Epsor is regulated by the AMF and ACPR, registered with ORIAS as a CIF and insurance broker, and is the first employee savings provider in France to hold B Corp certification, the ISR label and Entreprise à Mission status.

Name

Epsor

Legal name

FREMAVI SAS

Website

https://epsor.fr

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Epsor (FREMAVI SAS) is a Paris-based French fintech that provides a digital platform for managing employee savings and retirement plans (PEE, PER Collectif, PER Obligatoire) for HR and Compensation & Benefits teams at enterprises across France, with €3B+ in AUM and 700+ corporate clients.

Ownership category

akta.pro rank

Product category

Employee Benefits Administration

NAICS

Insurance and Employee Benefit Funds (5251), Professional Employer Organizations (561330), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industries

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Benefits Administration & Total Rewards Outsourcing (BPACAKAE), Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD), Retirement Plan Participant Advice & Managed Accounts (FSAEABAF), Retirement Income Planning & Decumulation Advisory (FSAEABAD)

Keywords

• Employee savings plans
• Retirement planning software
• Profit-sharing schemes
• ESG investment funds
• Salary transparency tools

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Asset Management Fees: Epsor generates revenue through management fees on assets under administration (encours). The company aims to triple its assets under management by 2027, indicating a model heavily dependent on AUM growth. Fees are likely charged as a percentage of managed employee savings and retirement assets.
2. Advisory and Transfer Services: Professional services for companies including device transfer (PEE, PER Collectif, PER Obligatoire), setup of new employee savings schemes, and ongoing advisory support

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Epsor designs, distributes, and manages employee savings (épargne salariale) and retirement plans (PEE, PER Collectif, PER Obligatoire) for French companies through a digital platform combined with human advisory. The offering combines an open-architecture multi-manager fund range (39+ curated funds across 566+ placement vehicles), personalized investment profiling tied to employee life projects, ESG-labeled responsible investing options, and dedicated advisors who support HR and Compensation & Benefits teams with scheme transfers, new scheme setup, and year-round engagement.

Product overview

Epsor is a digital platform for managing employee savings (épargne salariale) and retirement savings (épargne retraite) in France. The core Epsor Platform serves as the main offering, supplemented by the Tuttim mobile app for salary transparency, the L'Addition community for HR/C&B professionals, and the Impact Tool for fund composition analysis. Key product modules include Gamme de fonds (open-architecture multi-manager fund selection), Profils d'investissement (personalized investment profiling), and Épargne Responsable (responsible investment options with ESG-labeled funds). The platform supports PEE, PERECO, PER Obligatoire, and employee shareholding schemes.

Differentiator

Problem solved

Functional benefit

Brands

• Tuttim: Mobile application that transforms the BSI (Bilan Social Individuel) and helps communicate about salary transparency. Launched as a new product by Epsor.
• L'addition

Products and services

• Epsor Platform Digital SaaS platform for managing employee savings (épargne salariale) and retirement savings (épargne retraite), providing portfolio management, investment advisory, and employee education tools. Supports PEE, PER Collectif, PER Obligatoire, and employee shareholding schemes. Sold to French companies for use by their HR/Compensation & Benefits teams and employees.
• Tuttim Standalone mobile application branded as a Total Rewards App, transforming the Bilan Social Individuel (BSI) and helping employers communicate on salary transparency to employees. Accessible at tutt im.com.
• Impact Tool Standalone transparency tool hosted at impact.epsor.fr that enables savers and advisors to analyze the composition of investment funds including financed companies and industries, excluded controversial sectors, carbon emissions, and sustainability labels for informed and committed decision-making.
• L'addition Community platform dedicated to HR and Compensation & Benefits professionals, offering webinars, exclusive content, guides, and best-practice sharing. Functions as both a marketing channel and a networking resource for the company's buyer personas.

Quantifiable outcome

• +20% average performance vs market over 5 years
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Société GénéralecoreTechnology or IntegrationSociété Générale serves as the infrastructure partner, providing custody and banking services. Epsor's independent infrastructure is built on Société Générale's platform, guaranteeing clients the security of a historic leader while offering the agility of a tech player.
• AWS (Amazon Web Services)coreTechnology or IntegrationAWS provides cloud hosting and infrastructure for the Epsor platform. Personal user data is exclusively stored in AWS data centers located in France, ensuring data residency compliance.
• HubSpotsupportingTechnology or IntegrationCRM platform used for prospect and customer management, appointment scheduling, online support and chat. Data hosted in the European Union.
• MailjetsupportingTechnology or IntegrationEmail sending tool for transactional and marketing communications. Data hosted in the United States with standard contractual clauses.
• IntercomsupportingTechnology or IntegrationCustomer support platform providing user support functionality. All data shared by users in support requests is processed.
• BrazesupportingTechnology or IntegrationCustomer engagement platform for multi-channel communications including emails, push notifications, SMS, and in-app messages.
• MetabasesupportingTechnology or IntegrationData analytics and visualization platform for internal dashboards and reporting. Processes saver UUID and company data.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Goodvest: French fintech offering responsible/sustainable investment products with open-architecture fund selection, serving both retail and corporate employee savings. Directly comparable as a French purpose-driven wealth platform competing in the same ESG-led employee savings positioning.
• Yields: European fintech building savings and investment infrastructure for banks and corporates. Closely comparable as a technology-led savings platform targeting employee/corporate savings with an open-architecture approach.
• Ramify: French digital wealth management platform offering investment solutions for retail savers and businesses. Comparable as a French challenger fintech combining wealth advisory with employer-side offerings.
• Nalo: French robo-advisor and life-insurance wrapper provider serving retail and corporate clients with personalized investment profiles. Comparable business model around personalized investment profiling on top of a fund range.

Emerging players

• Cashbee: French fintech offering savings products (livret, term deposits, funds) for individuals and corporate treasury. Adjacent competitor in French retail/corporate savings, with growing overlap on fund-based employee offerings.
• Linxo: French personal financial management and aggregation platform (acquired by Crédit Agricole). Comparable as a French fintech data/engagement layer into corporate savings and benefits, though now aligned with an incumbent bank.

Broad incumbents

• Crédit Agricole (Amundi Employee Savings): Crédit Agricole via Amundi is one of the largest providers of French employee savings and retirement plans (PEE, PERCO/PER Collectif). Comparable as a broad incumbent in the same regulatory and product category, with captive fund range versus Epsor's open architecture.
• BNP Paribas Épargne Salariale et Retraite: BNP Paribas's dedicated employee savings and retirement business offers PEE, PER Collectif and PER Obligatoire to French corporates. Comparable as a major incumbent competing head-to-head for the same enterprise HR/C&B buyer.
• Natixis Interépargne: Natixis's employee savings subsidiary serving French corporates with PEE, PERCO and Article 83 schemes. Comparable as a long-established incumbent with deep corporate relationships in the same product category.
• AXA France Épargne Entreprise: AXA's French employee savings and retirement business (formerly AXA Epargne Entreprise) serves corporates with PER Collectif, PER Obligatoire and Article 83 products. Comparable as a broad incumbent insurance/wealth player in the same market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/epsor

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Epsor