Epassi completed the acquisition of Eudaimon.

Epassi, a mobile payment solution for employment benefits and other B2B2C services, completed the acquisition of Eudaimon, an Italian company in corporate welfare. Financial terms were not disclosed. "During the recent years we have solidified our position as the number one player in the employment benefit market in Northern Europe. This year has become the right time to go beyond Nordics. Earlier this year we entered the UK market, and now we are super excited to partner with Eudaimon and enter Italy, one of the fastest growing employment benefit markets in Europe. Eudaimon’s existing portfolio and strong position and reputation in the Italian market is a perfect fit with Epassi's market-leading digital payments platform and scaling capabilities. For our clients and partners in Italy, this means new and improved solutions in the future," Pekka Rantala, Epassi Group CEO.