Edenred Payment Solutions partners with Hnry to power its UK launch, bringing automated tax and payments support to sole traders.
Edenred Payment Solutions has announced a new partnership with Hnry the, all-in-one tax automation and accounting service for sole traders, to provide the regulated payments platform underpinning its UK launch.
Following success in New Zealand and Australia, Hnry is now live in the UK. The partnership sees EPS providing a suite of B2B BaaS capabilities to support Hnry’s tax and payments automation platform, bringing a much-needed solution to sole traders navigating business administration, expenses, and tax.
HMRC’s ‘making tax digital’ strategy:
With the government’s plans to have its “Making Tax Digital” plans go live in April 2026, sole traders are actively looking for the best and most efficient way to manage their taxes.
As of 2025, there are nearly 2.9 million sole proprietorships across the UK, making them the most common business structure in the country. Hnry provides freelancers, contractors, and other sole traders with a dedicated account, automatically deducting and paying taxes to HMRC on their behalf, so they can focus on what they do best.
With Hnry, sole traders benefit from automated tax calculations and payments through the Hnry Account, removing the need for traditional accountants, and manual processes. Additionally, entrepreneurs gain access to the tools they need to manage finances specific to the business.
To enable this functionality, Edenred Payment Solutions is providing Hnry with:
- Regulatory cover as an FCA-authorised e-money institution
- E-money accounts with a sort code and an account number
- Virtual Mastercard® cards enabled for Apple Pay and Google Pay
- Access to Faster Payments, BACS and CHAPS
- Payment processing and fraud monitoring
- Real-time notifications
- Confirmation of Payee (CoP)
- BIN sponsorship
Edenred Payment Solutions was chosen for its regulatory expertise, technical capability and market knowledge. The Hnry team wanted a partner with the licensing and agility to get to market quickly, but also one that understands the nuances of launching in a highly regulated environment.
James Fuller, CEO and Co-founder at Hnry, comments: “We’re on a mission to make self-employment simple, affordable, and accessible. Today our customers in New Zealand and Australia spend 70% less time and 75% less money on tax and financial admin than the average sole trader, and we’re incredibly excited to bring our product to the UK and help solve that same problem for British entrepreneurs.
Edenred Payment Solutions has played a pivotal role in bringing our service to market, providing a suite of payments products with the technical and regulatory expertise we need to launch our platform and support sole traders from day one.”
Rehana Mitha, Managing Director at Edenred Payment Solutions, adds: “Hnry is solving a real pain point for sole traders, and we’re proud to be their payments partner as they enter the UK market. From regulatory cover to flexible payment capabilities, our platform is designed to help forward-thinking fintechs launch and grow with confidence. Hnry is a fantastic example of that in action.”
A long-term partner for growth
This marks Edenred Payment Solutions’ latest partnership with an international fintech entering the UK. Edenred Payment Solutions already supports a growing portfolio of fintechs and corporate clients with embedded finance solutions, helping them launch quickly and scale confidently.
Hnry is set to become a major player in the UK’s evolving self-employed economy, with Edenred Payment Solutions powering the payment capabilities behind the scenes.
About Edenred Payment Solutions:
Edenred Payment Solutions (EPS) enables clients to offer digital banking, embedded finance and card programs to their customers. Working with clients such as Tide, Thinkmoney, Oney, and Sainsbury’s, EPS has over 20 years of industry expertise in delivering flexible payment solutions and guidance for fintechs, corporates, and retailers. As an Electronic Money Institution, regulated in the UK and EU, it helps deliver a unique product experience without regulatory complexities.
By providing a suite of functional APIs, clients can access an ecosystem of connections, including e-money accounts with payment schemes and card issuing solutions.
Edenred Payment Solutions is part of the Edenred group.
Edenred is a leading digital platform for services and specific-purpose payments, and the everyday companion for people at work, connecting more than 60 million users and over 2 million partner merchants in 45 countries through 1 million corporate clients.
Edenred offers digital services for food (such as meal benefits), engagement (including gift cards and engagement platforms), mobility (including multi-energy solutions, such as EV charging, maintenance, tolls, and parking), and corporate payments (such as virtual cards).
True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalise the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and sustainable mobility.
Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.
In 2024, thanks to its global technology assets, the Group managed a business volume of close to €45 billion, primarily carried out via mobile applications, online platforms, and cards.
Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good, DJSI Europe Index, DJSI World Index, and MSCI Europe.
For more information, please visit: Edenred Payment Solutions.
About Hnry:
Hnry is the world’s first digital accountant and tax automation service for sole traders. Redefining what an ‘all-in-one’ accounting service looks like, they’re on a mission to make self-employment simple, affordable and accessible for all.
Hnry automatically calculates and pays taxes as you earn, automates and manages expenses, files taxes, and provides support from a local team of specialised sole trader accountants. They also offer a suite of additional features, specifically designed for sole traders and at no extra cost – invoicing (and chasing), fund allocations, business reporting, and more.
All in a straightforward pay-as-you-go model. With the right things made automatic and real people when you need them, they save sole traders more time, money, and stress than any other tax and accounting option. Founded in 2017 and already Australasia’s largest digital accountancy service, Hnry now has offices in Wellington, Sydney and London. They have tens of thousands of customers and process over £1.5 billion in payments every year, working toward a world where independent earners never think about tax again.
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