"Food-waste-fighting" Oddbox partners with fintech to provide staff with financial wellbeing support

London based Oddbox, the UK’s “food-waste-fighting” fruit and veg box, has signed up to Mintago to provide a financial wellbeing platform to its staff.

Mintago, also based in London is an FCA-regulated financial wellbeing company. It helps employees find all their past pensions and manage contributions towards their current pension, as well as providing financial planning tools supported by free access to financial advisors, debt counselling, tools for savings and financial education programmes.

Founded in 2016, Oddbox has expanded rapidly over recent years, delivering its 5 millionth box in 2022 and scaling its team. Oddbox has partnered with Mintago to better support its growing team with pension and financial management tools.

It has become a particularly pertinent issue in light of the cost-of-living crisis, a recent survey of more than 1,000 full-time employees in the UK, commissioned by Mintago, found that 56 per cent consider finances to be their greatest source of stress, with 32 per cent saying financial worries impede their professional performance.

As well as providing a financial wellbeing platform, Mintago also helps businesses and their employees save money via HMRC’s salary sacrifice pension scheme. Mintago provides a salary sacrifice pension implementation program, which creates direct savings for Oddbox’s employees on monthly National Insurance payments.

Fiona Wallis, head of people & business operations at Oddbox, said: “In the midst of the cost-of-living crisis, continued rising inflation and economic uncertainty, it has never been more important to look after people’s financial wellbeing.

“By providing employees with greater insight into and control over their finances, we are aiming to help them live healthier, happier lives.

“Mintago has a compelling solution – not only can it help the Oddbox team track lost pensions from previous employers, but it will also allow them to adjust pension contributions based on their needs, and offer excellent financial planning tools, which are so valuable in the current climate.”

Chieu Cao, CEO and founder of Mintago, added: “We are delighted to be working with Oddbox, which has once again demonstrated its commitment to looking after, not only our planet, but also its people.

“We look forward to working closely with this brilliant business in the months and years to come, helping to improve its employees’ finances as well as its own.”

By Matthew Neville – Correspondent, Bdaily

• Add me on LinkedIn and Twitter to keep up to date
• And follow Bdaily on Facebook, Twitter and LinkedIn
• Submit press releases to editor@bdaily.co.uk for consideration.

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →