# PL Gutscheinsysteme

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pl-gutscheinsysteme

- Industry: Financial Services
- Headquarters: Munich, Germany
- Website: http://www.givve.com
- Latest round: Series B (Aug 25, 2015)
- Investors on record: 3

## About

PL Gutscheinsysteme GmbH specializes in innovative digital financial solutions that enhance employee benefits and streamline payment processes, primarily within the public sector.Founded in 2010 in Munich, Germany, PL Gutscheinsysteme GmbH focuses on providing digital financial solutions. In July 2018, the company was acquired by The Up Group for USD 20 mn. The founder, Alexander Klaiber, has been instrumental in developing the company’s strategic direction since its inception.givve® offers a range of digital financial and card solutions aimed at improving employee benefits and optimizing payment processes for public sector organizations. Its flagship product, the givve® Card, allows employers to offer tax-free benefits like meal allowances, while also providing tailored solutions for public administrations to enhance payment security and reduce administrative burdens. Since its integration into Groupe Up in 2018, givve® has built a diverse client base across 25 countries, particularly in the DACH region (Germany, Austria, and Switzerland), catering to both corporate clients and public organizations.givve® generates revenue through its suite of digital card products and related services, including card issuance fees, loading charges, and transaction processing fees. Clients typically engage in subscription-based partnerships for the givve® Card, facilitating ongoing support for employees and creating recurring revenue streams. The pricing model includes incentives for initial orders and product bundles to encourage long-term partnerships within the corporate and public sectors.Following its acquisition in July 2018, PL Gutscheinsysteme GmbH aims to leverage the USD 20 mn from The Up Group to enhance product development and market expansion. The company is focused on launching new financial solutions tailored to modern workforce needs while targeting expansion into additional European markets by 2023. The investment will also support enhanced marketing strategies to increase its presence in the DACH region and beyond.

## Funding rounds

- Series B, Aug 25, 2015 — Jochen Schweizer Ventures
- Series A, Mar 5, 2012 — High-Tech Gruenderfonds, MAS Angel Fund

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A
- MAS Angel Fund (https://capitalatlas.ai/funds/mas-angel-fund) — Series A
- Jochen Schweizer Ventures (https://capitalatlas.ai/funds/jochen-schweizer-ventures) — Series B