RIO DE JANEIRO, BRAZIL - The French company's CEO and founder Loïc Soubeyrand says an IPO (initial stock offering) should occur in about 5 years. By then, the startup aims to be worth 10 times more.
SoftBank itself should invest even more in the next few years, given that it has US$3 billion to spend in the region.
Swile currently holds 15% of employee benefits in France, the second largest market in this segment worldwide - however, Brazil is the global leader. "The corporate benefits market in Brazil handles R$150 billion per year," says Swile's director in . . .