fast2work provides a cloud‑native platform that issues tax‑free prepaid Mastercard and virtual cards for employee benefits, automating compliance checks, budget allocation, and receipt processing. HR teams can configure spend categories, monitor usage through a dashboard and mobile app, and integrate the solution with existing HRIS/payroll systems while storing data on a GDPR‑compliant infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Employers must navigate complex tax regulations and administrative overhead to provide tax‑free employee benefits, often relying on fragmented processes or manual paperwork that hinder scalability and employee satisfaction.
Solution
fast2work delivers a cloud‑native platform that centralizes the issuance and management of tax‑free benefits via a prepaid Mastercard. The system automates compliance checks, budget allocation, and receipt processing, allowing HR teams to configure spend categories such as mobility, wellness, or regional commerce. Employees receive a physical or digital card (Apple Pay/Google Pay compatible) and can spend up to €50 per month tax‑free across any merchant, with real‑time balance visibility through a mobile app. The platform’s modular architecture lets companies expand the offering with specialized benefit bundles (e.g., Fit Pay, Bike Pay, Green Pay) without additional integration work. All data is stored on a GDPR‑compliant infrastructure, and reporting tools provide audit‑ready logs and analytics for continuous optimization.
Target Audience
The solution targets HR departments, benefits managers, and corporate mobility program leaders in midsize to large enterprises seeking a compliant, digital way to deliver tax‑free employee perks.
Features
- Prepaid Mastercard and virtual card (Apple Pay/Google Pay) supporting unrestricted merchant acceptance, limited only by statutory exclusions
- Automated tax‑free allowance calculation (up to €50 / employee / month) with built‑in legal validation and audit trails
- Configurable spend categories and budget caps per employee, enabling Flex Pay, Regio Pay, Green Pay, Fit Pay, Bike Pay, and Ride Pay modules
- Cloud‑based dashboard for HR administrators: real‑time spend monitoring, receipt capture, and compliance reporting
- Employee mobile app delivering balance tracking, transaction history, and optional category filters for transparent personal budgeting
- Seamless integration via RESTful APIs into existing HRIS or payroll systems, requiring no on‑premise installation
- GDPR‑aligned data storage with role‑based access controls and end‑to‑end encryption
- Scalable, modular architecture allowing future benefit extensions without disrupting current operations