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SQ Capital invests 2.7 million euros in Moontop

<p>SQ Capital i Moontop</p>
SQ Capital i Moontop

SQ Capital, a domestic investment company with over 130 million euros in assets under management, has invested 2.7 million euros in Moontop through the alternative investment fund Primus. Moontop is a rapidly growing Croatian technology company that modernizes employee benefits systems, helping companies retain and further motivate their employees.

Moontop provides complete flexibility in utilizing employee benefits by allowing employers to define a monthly budget, while employees can choose and combine benefits according to their preferences and needs through a simple application. The platform also offers tax advantages to employers by optimizing non-taxable payments.

According to the statement, Moontop has recorded revenue growth of over one hundred percent annually for the past three years. The platform is already integrated into the systems of renowned companies such as United Group, CARWIZ, Notch, Transcom, and Groupama Osiguranje, and Moontop currently has a network of over 500 partners across Croatia, including restaurants, fitness centers, shops, polyclinics, insurers, and mobility services.

– We are extremely pleased to have gained a strategic partner who understands our vision and can help us in further growth. In the next three years, we are focusing on expanding our partner network, strengthening sales, and internationalizing our business through a franchise model, which we aim to strengthen our position as the leading regional platform for employee benefits – emphasized Branimir Gospić, director and founder of Moontop, who continues to operationally lead the company.

– In today’s labor market, marked by intense competition for the best talents, Moontop is an excellent example of a technological solution that helps companies offer attractive and flexible benefits to employees, thereby further motivating and retaining them in a cost-effective manner. The platform is a one-stop-shop for employee benefits, providing measurable results to employers through cost optimization and tax advantages, including maximizing the use of non-taxable payments. Together, we will accelerate the expansion of the partner network, invest in technology development, and open doors to international expansion – stated Ivan Jurišić, partner at SQ Capital.

SQ Capital is a domestic investment company with many years of experience, managing over 130 million euros with a team of 12 professionals, along with an investor base of over 80 private investors, family offices, and institutional investors from Croatia and the region.

Prior to Moontop, SQ Capital invested three million euros in the Rijeka-based Aestus and the development of the Parra application in September, and in July of this year in Vacom, a domestic electronics retailer.

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