C2A

What C2A does

C2A (legally SAS Compagnie de l'Arc Atlantique) is a Bidart-headquartered, ACPR-regulated French payment institution that issues Mastercard-branded corporate payment cards for European businesses with mobile workforces. Its core products — C2A Truck for transport professionals and bus operators, C2A Flex for mobile employees, and a White Label offering for partner-branded deployment — are accepted at 100% of Europe's ~135,000 fuel stations and at 5,300 partner stations offering up to 12% discounts. Adjacent services include electronic toll payment, ferry/Eurotunnel booking across 1,200 destinations, secure truck parking reservation, and centralized VAT/excise duty recovery across EU member states.

The technology backbone combines proprietary systematic authorization (no deposit or bank guarantee required), a web-based fleet management portal (MyC2A), and a cardholder mobile app (MyC2A Check) with geolocation station finding, photo receipt capture, and configurable per-card/driver/expense-type spending controls. The platform exports data to major ERP systems (SAP, Sage, Cegid, QuickBooks) and integrates booking modules for tolls, ferries, and parking. Customer funds are held in segregated accounts at Natixis CIB under FGDR coverage of €100,000 per client.

Commercially, C2A operates a hybrid B2B motion: direct enterprise field sales with personalized demos, inside sales for SMBs, and fully digital self-service onboarding with electronic signing for rapid rollout. Pricing begins at €1.85/card/month for C2A Truck, supplemented by transaction fees, fuel rebates from partner stations, and VAT recovery service fees. Operating across 8 European countries with local teams and a 9-language website, the company is independently owned (SAS, €3.33M share capital), with no external investors or parent disclosed, and has been named a Les Echos Growth Champion in 2019, 2020, 2021, and 2024.

Name

C2A

Legal name

SAS Compagnie de l'Arc Atlantique

Website

https://c2a-card.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

C2A is a French ACPR-regulated payment institution issuing Mastercard corporate cards for European transport firms, fleets, and mobile employees, operating across 8 countries with fuel discounts, expense management, toll/ferry/parking booking, and VAT recovery services.

Ownership category

akta.pro rank

Product category

Fleet Payment Cards

NAICS

Credit Card Issuing (522210), All Other Travel Arrangement and Reservation Services (561599), Other Travel Arrangement and Reservation Services (56159)

SIC

Finance Lessors (6172)

akta.pro primary industry

Fuel Card & Fleet Payment Programs (TLABAMAA)

akta.pro secondary industries

Virtual Card Issuance & Tokenized Corporate Cards (THACAJAA), Central/Lodge Cards & Ghost Cards (Air/Hotel/Rail) (THACAJAB), Corporate Travel Payments (Virtual Cards, Lodge Cards, Reconciliation) (THALANAE), Commercial & Corporate Card Schemes (FSAMAAAF)

Keywords

• Fleet payment cards
• Corporate fuel cards
• Expense management software
• VAT recovery services
• White label payment solutions

Headquarters

HQ city

Bidart

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Card Subscription Fees: Monthly subscription fees per card (starting at €1.85 per card per month for C2A Truck), generating recurring revenue from the fleet management solution
2. Transaction Processing: Revenue generated from transaction processing across the Mastercard network for fuel, tolls, parking, and other professional expenses
3. Fuel Rebates and Discounts: Revenue share or rebates from 5,300 partner fuel stations offering up to 12% discounts to C2A cardholders
4. VAT Recovery Services: Services to assist companies in recovering foreign VAT and excise duties on diesel across EU countries

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

C2A issues Mastercard-powered corporate payment cards (C2A Truck for transport professionals and C2A Flex for mobile employees) that consolidate spending on fuel, tolls, parking, ferries, Eurotunnel, hotels, and restaurants across Europe. Cards come with the MyC2A web platform for fleet managers and MyC2A Check mobile app for drivers, and operate on a no-deposit, systematic-authorization model. The offering is complemented by a partner network of 5,300 fuel stations offering up to 12% discounts, integrated VAT recovery services, and a white-label program for partner-branded deployment.

Product overview

C2A offers a unified fleet payment solution comprising two main card products—C2A Truck for transport professionals and heavy goods vehicles, and C2A Flex for mobile employees—as well as a white-label option for custom branding. The portfolio includes integrated management platforms (MyC2A for managers, MyC2A Check for cardholders) and supplementary services such as toll payment (Negometal), ferry/Eurotunnel booking, secure parking reservations, and VAT recovery across Europe. All C2A cards operate on the Mastercard® network with universal acceptance and require no deposit or financial guarantee, supported by a network of over 5,300 partner fuel stations offering discounts up to 12%.

Differentiator

Problem solved

Functional benefit

Brands

• C2A Truck: Multi-service fuel card designed for truck drivers and bus operators
• C2A Flex
• MyC2A
• MyC2A Check

Products and services

• C2A Truck Multi-service fuel and payment Mastercard card designed for truck transport professionals, bus operators, and heavy goods vehicle drivers. Accepted at 100% of European fuel stations, it covers diesel, gas, electric charging, tolls, parking, and other professional expenses, with no deposit required and from €1.85 per card per month.
• C2A Flex All-in-one Mastercard payment card aimed at SMEs with mobile staff (sales representatives, technicians, field workers). Automates expense-report management with configurable card spending controls, requires no deposit, and integrates with accounting software (Sage, QuickBooks, Cegid, SAP).
• C2A White Label (Marque Blanche) Channel/OEM product allowing partner companies to deploy C2A's Mastercard payment infrastructure as a custom-branded card program (logo, color, front-end experience) under their own brand identity, with annual volume-based pricing.
• MyC2A Web-based management portal for fleet administrators and finance teams to monitor account balances, card balances, expense types, configure card parameters, set spending limits, and download consolidated monthly invoices.
• MyC2A Check Mobile application for individual cardholders to check card balance, find nearby fuel stations with geolocation, compare fuel prices across the partner network, and submit expense reports with photo receipts directly from a smartphone.
• C2A Ferry & Eurotunnel Booking Online reservation platform for ferry crossings and Eurotunnel routes, accessible from MyC2A, with real-time pricing and consolidated invoicing across more than 100 shipping companies.
• C2A Parking Web-based reservation and payment service for secure truck parking across France, accessed through the MyC2A platform with consolidated monthly invoicing.
• C2A VAT Recovery Cross-border VAT and excise-duty recovery service for businesses, consolidated into a single monthly invoice covering fuel, tolls and parking across France and the rest of the European Union.

Quantifiable outcome

• Potential fuel cost savings of up to 12% through partner station network
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core and minor.

• MastercardcoreTechnology or IntegrationMastercard is the payment network powering C2A cards, providing universal acceptance at over 135,000 fuel stations across Europe and enabling card usage for fuel, tolls, parking, and other professional expenses globally.
• EssominorOthersFuel station partner in the C2A network providing discounted fuel pricing for C2A cardholders.
• ENIminorOthersFuel station partner in the C2A network providing discounted fuel pricing for C2A cardholders.
• LeclercminorOthersFuel station partner in the C2A network providing discounted fuel pricing for C2A cardholders.
• RepsolminorOthersFuel station partner in the C2A network providing discounted fuel pricing for C2A cardholders, with up to 12% savings available.
• ShellminorOthersFuel station partner in the C2A network providing discounted fuel pricing for C2A cardholders.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• WEX Inc. WEX is a leading US-headquartered corporate payments and fleet fuel-card issuer (Fleet One, WEX Fuel Card) with global acceptance. It is a broader incumbent competing for enterprise fleet contracts that overlap with C2A's larger-customers segment.
• Shell Fleet Solutions: Shell's Fleet Solutions program issues fuel cards accepted at ~40,000 European Shell stations and partner sites, with reporting and fraud controls. Comparable to C2A in fuel-card mechanics but tied to a major oil-major brand and forecourt estate.
• TotalEnergies Marketing Services (Total Card Pro): TotalEnergies offers proprietary fuel cards, electric-mobility charging and toll services across its forecourt network, bundling fuel supply with payment. It is a vertically integrated incumbent competing for the same transport-fleet wallet as C2A, though constrained by its own network.

Emerging players

• Pleo: Pleo issues corporate Mastercard expense cards to European SMBs with built-in expense categorisation, receipt capture and ERP sync. It intersects C2A's C2A Flex product for mobile employees but focuses on broader office spend rather than mobility.
• LogPay Transport Services: LogPay issues fuel, toll, parking and ferry cards for the European logistics sector under multiple brands (LogPay Card, LomoCard, TankSack). Its multi-service fleet-card model and integration with Deutsche Automobil Treuhand toll settlement are directly comparable to C2A Truck.
• Spendesk: Spendesk is a European expense-management platform with physical and virtual corporate cards, real-time approval workflows and ERP connectors. Its SMB customer profile and virtual-card offering overlap with C2A Flex's mobile-employee use case.

Direct peers

• DKV Mobility: DKV Mobility is Europe's largest independent fuel and service card provider, accepted at ~60,000 fuel stations and offering toll, parking and repair services. It is C2A's most direct competitor in the multi-country fleet payment card space.
• Edenred (UTA): Edenred acquired UTA to scale its European fuel-card and fleet-solutions business covering tolls, ferries and VAT recovery. UTA's multi-service mobility card is structurally analogous to C2A Truck and competes for the same European transport customers.
• Eurowag: Eurowag issues Mastercard-based fuel and toll cards across Central and Eastern Europe, with integrated payment, refinancing and roadside services. It mirrors C2A's regional SMB/mid-market fleet thesis via a similar Mastercard-issued, no-deposit model.

Regional players

• Roady / AS 24: AS 24 is a TotalEnergies subsidiary issuing fuel and service cards to truck drivers across Europe with toll and parking integration. Geographic and product overlap with C2A Truck, particularly in France and Iberia where AS 24 has its densest network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCYtYYwtsmJbuAzPuTxEcSTQ
• Facebookfacebook.com/profile.php?id=61550914392665
• LinkedInlinkedin.com/company/c2a---compagnie-de-l'arc-atlantique
• Xx.com/c2a_card

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 C2A