Openeat

What Openeat does

Openeat is a Paris-based fintech, founded in 2020 and operating as a subsidiary of Stayopen, that delivers a digital meal voucher (titre-restaurant) solution built on Open Banking rails. Employees download the Openeat iOS/Android app and connect their bank account through Bridge, an ACPR-regulated third-party payment provider; Openeat's system then automatically detects qualifying food purchases and reimburses employees within 24 hours, eliminating the traditional €100/month salary deduction that typically accompanies employer-funded meal vouchers. Employers use a web-based HR portal to load monthly allocations in roughly five minutes per month, and the platform is positioned as compatible with any existing HR tool. The product is accepted at any food retailer accepting card payments rather than being confined to a closed-loop merchant network.

The business model is a transaction-fee structure: Openeat charges merchants a maximum 1.5% commission on detected transactions, materially below the 3–5% charged by traditional meal voucher issuers such as Sodexo, Edenred, and Up. Employers fund the benefit up to the URSSAF-defined €7.32 per voucher social-charge exemption threshold, retain any unconsumed allocations (typically 10–15% of stock), and avoid the ~12 hours per month of HR administration that traditional cards and paper checks require. Mango Pay provides underlying payment-services infrastructure alongside Bridge.

Openeat targets French private-sector enterprises of all sizes, municipalities and public sector organizations (collectivités), and SMEs, with named clients including SAF Aerogroup (200 employees), AS Intérim (3 employees), Petit Bambou (40 employees), and public-sector deployments at Ville de Roubaix, Mairie de Lardy, and Mairie de Pegomas. Go-to-market is sales-led for enterprise and government, supplemented by bottom-up product-led adoption via the consumer mobile app. The company has reached 500 employer clients and 20,000 active end-users with a 4.9/5 Trustpilot rating, and is positioning around France's 2026 titre-restaurant dematerialization mandate as a regulatory tailwind.

Name

Openeat

Legal name

Openeat

Website

https://stayopen.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Openeat is a French Open Banking meal voucher platform that eliminates employee salary deductions by detecting food card purchases via bank integration and reimbursing the employer-funded portion within 24 hours, serving 500 enterprises, municipalities, and SMEs with 20,000 active users.

Ownership category

akta.pro rank

Product category

Employee Benefits Software

NAICS

Special Food Services (7223)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)

akta.pro secondary industries

Open Banking APIs & Connectivity (FSAMAFAA), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL)

Keywords

• Meal voucher solution
• Employee benefits platform
• Open banking reimbursement
• Corporate meal benefits
• Digital restaurant vouchers

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Merchant Commission (Transaction Fee): Openeat charges merchants a maximum 1.5% commission on transactions (vs 3-5% for traditional meal voucher providers). This is the primary revenue stream, generated from the merchant side of the transaction ecosystem rather than from employer contributions or employee salary deductions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Openeat is a digital meal voucher (titre restaurant) platform that uses Open Banking to automatically detect food purchases made by employees and reimburse the employer-funded portion within 24 hours. Unlike traditional meal voucher solutions, Openeat requires no salary deduction, works at any food merchant accepting card payments, and charges merchants a maximum 1.5% commission versus 3-5% for traditional providers.

Product overview

Openeat is a unified digital meal voucher platform consisting of a mobile app for employees and a web-based employer portal. The platform replaces traditional paper or card-based restaurant vouchers with an Open Banking-powered reimbursement system: employees make food purchases with their regular bank card, Openeat detects eligible transactions via Bridge, and the employer-contributed portion is automatically reimbursed within 24 hours. The solution requires no salary deduction, is accepted at all food retailers, and features significantly lower merchant commission fees (1.5% max vs. 3-5% for traditional solutions).

Differentiator

Problem solved

Functional benefit

Products and services

• Openeat Meal Voucher Platform A digital meal voucher (titre restaurant) solution that enables employers and public sector organizations to provide food benefits to employees without salary deductions. Uses Open Banking to automatically detect qualifying food purchases and reimburse the employer-contributed portion within 24 hours, accepted at all food retailers.
• Openeat Mobile App Employee-facing mobile application available on iOS and Android. Employees connect their bank account for automatic expense detection and reimbursement, or alternatively scan CB receipts manually for reimbursement.
• Openeat Employer Web Portal Web-based employer dashboard for HR teams to manage employee meal benefits. Enables loading employee rights in approximately 5 minutes per month and integrates with existing HR tools.

Quantifiable outcome

• €100 more net income per employee per month vs traditional meal vouchers (no salary deduction)
• +7 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Bridge (Open Banking Provider)coreTechnology or IntegrationBridge is the ACPR-regulated third-party payment processor handling Open Banking integration and transaction detection. Bridge processes eligible food purchase transactions and triggers automatic reimbursements. Neither Openeat nor employers access users' bank data. Bridge also works with Qonto, PayFit, and Banque Populaire, lending credibility to Openeat's payment infrastructure.
• Mango PaycoreTechnology or IntegrationMango Pay is referenced in the footer as the payment services provider (CGU link to Mango Pay terms). It handles the underlying payment infrastructure for reimbursements.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Swile: France-based digital employee benefits platform offering meal vouchers (after acquiring Lunchr) alongside gift cards, mobility and wellbeing benefits. Closest direct French competitor with comparable modern UX and PLG-style employee engagement.
• Edenred: Global leader in prepaid meal vouchers (Ticket Restaurant) and employee benefits. Direct incumbent in the French titre-restaurant market with the largest employer and merchant network against which Openeat competes.
• Kadeos (Sogepes / Natixis): French meal-voucher and gift-card programme operated by Sogepes (Natixis group). Direct incumbent competitor in the same employee-benefits category as Openeat.
• Bimpli (formerly Natixis Interépargne): Corporate employee benefits and meal voucher issuer operating in France under the Bimpli brand. Direct incumbent peer competing for the same employer HR/finance decision-maker.
• Restoflash: French digital meal-voucher provider for SMEs. Direct incumbent peer with similar SME and regional employer focus as one of Openeat's customer segments.
• Up (UpDéjeuner, ex-Chezam Chèque Déjeuner group): Cooperative-owned benefits and meal-voucher provider active in France (UpDéjeuner). Direct incumbent peer with established employer relationships in SMEs and public-sector collectivités.
• Pluxee (ex-Sodexo Benefits & Rewards): Pluxee was spun off from Sodexo in 2024 and operates the Pass Restaurant meal-voucher product in France. Direct incumbent peer with comparable employer/employee value proposition and significant scale.
• Apetiz: France-based digital meal-voucher and employee-benefits scheme. Direct incumbent competitor in the French titre-restaurant market, particularly active with SMEs and public-sector employers.

Others

• Bridge: ACPR-regulated Open Banking account-aggregation / payment-initiation API provider powering Openeat's transaction detection. Comparable in the Open Banking infrastructure layer and a strategic technology partner to Openeat.

Emerging players

• Coverflex: Portuguese/Belgian employee-benefits platform offering flexible compensation including meal cards. Comparable in using modern digital rails and broad employee benefits, though operates in adjacent geographies and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Open_Eat
• Facebookfacebook.com/OpenEat.fr
• LinkedInlinkedin.com/company/openeat-io

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Openeat