Leeto helps works councils manage perks

INSUBCONTINENT EXCLUSIVE:
The fintech startup lets you hand out perks to employees using a simple web service combined with a payment card.Leeto recently raised a
works council
They act as the interface between members of the board and employees, and they vote on strategic moves.In addition to that role, companies
have to hand out a small budget to the works council every year
Works councils can then reimburse cultural or sports activities, hand out gift cards for Christmas, give movie tickets, etc.And Leeto wants
to manage that budget in particular
Many companies currently have a cumbersome process
to order paper gift cards and make sure everyone picks up their gift cards at their desk.Leeto is a software-as-a-service the lets you
manage all that from a web browser
You can add employees and then grant them perks.Later this year, every employee will get a prepaid Mastercard that the works council can top
up and manage
Employees can then use this card to pay for a Netflix subscription, train tickets, museum tickets and more
It works a bit like Lunchr, but for works councils.If employees go on vacation and forget their card, they can also upload eligible expenses
send notifications to employees
that.