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With fresh capital, German FinTech Startup PEY helps companies offer bitcoin as an incentive to their employees

With fresh capital, German FinTech Startup PEY helps companies offer bitcoin as an incentive to their employees

Hanover, September 2015 — It is already common practice for companies to offer their employees incentives in addition to the normal salary – no matter if it’s in the form of meal passes, restaurant vouchers, subsidised travel or parking vouchers. The finTech startup PEY combines this salary payout model with Bitcoin technology and offers companies and employees an innovative alternative to a tax-exempt payout, which can be used for many individual purposes. For this reason, PEY has just raised fresh capital in a recent seed financing round.