Brussels-based fintech company Easyvest has raised €13 million in a funding round led by Belfius, Belgium’s second-largest bank insurer, and SFPIM, the federal holding and investment company.
This investment aims to expand Easyvest’s digital pension solutions, particularly for small and medium-sized enterprises (SMEs) in Belgium, to help employees better accrue pensions.
Targeting Pension Gaps in SMEs
Frédéric Van der Schueren, CEO of Belfius Insurance, highlighted the pressure on Belgium’s social security system due to an aging population, stating that the partnership with Easyvest will provide companies with improved pension options for their employees. Koen Van Loo, CEO of SFPIM, emphasized that while SMEs make up a large portion of the Belgian economy, many do not fully utilize supplementary pension plans. The startup’s innovative approach addresses this gap.
Digital Tools for Long-Term Pension Growth
Founded in 2016 by Matthieu Remy and Corentin Scavée, Easyvest offers a digital tool that enables companies to simplify pension contributions for employees using exchange-traded funds (ETFs). This approach aims to boost long-term returns for Belgian workers. The company has already managed over €185 million for 3,000 clients and continues to grow its digital pension investment services.
CEO Matthieu Remy expressed his excitement about the funding, stating, “This partnership allows us to enhance traditional group insurance for employees and simplify the administrative process for employers.”
With the fresh funding, Easyvest is well-positioned to reshape the pension landscape in Belgium, offering a seamless, tech-driven solution for both companies and employees.