Groupe BPCE-backed Bimpli completed the merge with Swile.

Groupe BPCE-backed Bimpli, a provider of employee services and benefits in France, completed the merge with Swile, a worktech company. On completion of the transaction, Swile now owns 100% of Bimpli and Groupe BPCE becomes Swile’s leading shareholder with a 22% stake. Financial terms were not disclosed. "After creating Bimpli by grouping together all of its activities in the employee benefits sector, Groupe BPCE is now moving ahead with an important new stage of its strategy by joining forces with Swile, a go-to French worktech player. Combining the capabilities of a unicorn like Swile and the payments & digital expertise of Groupe BPCE should enable us to create a powerful and innovative industrial group that aims to become a major global player in worktech," Yves Tyrode, BPCE Chief Digital & Payments Officer.