Coverflex is a compensation management platform that brings together every part of employee compensation beyond salary, including benefits, insurance, meal allowance, and exclusive discounts. The company's all-in-one solution enables companies to reduce costs while maximizing their people's earning potential, with an average savings of €1,000 per employee. Founded in 2019, Coverflex has grown to serve more than 11,000 companies and 230,000 employees, becoming the #1 flexible compensation solution in Portugal.
Coverflex's platform includes multiple products such as Wallet for managing benefits, Meal vouchers, Insurance management, Childcare vouchers, Flexpay for on-demand salary access, and Budgets for team allowances. The company is on a mission to make compensation work for everyone, simplifying how compensation is understood, offered, managed, and spent. As a Certified B Corporation since 2023 with a B Impact score of 93.8, Coverflex is committed to building a sustainable future and creating positive impact through initiatives like carbon offsetting, tree planting, and donations to certified NGOs.
