Tagged: expense management

Payment & Expense Management Platform Divvy Raises $165 Million Through Series D Investment Round

  Divvy, a modern payment and expense management platform for businesses, announced on Tuesday it raised $165 million through its Series D investment round, which included participation from Hanaco, PayPal Ventures, Whale Rock, Schonfeld, NEA, Insight Venture Partners, Acrew, and Pelion. The investment round comes… Read More

Copenhagen based Danse Bank Partners Fintech Zenegy to Automate Payment Processing with Corporate Cards

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, has partnered with Fintech firm Zenegy in order to launch a new service that will automate the processing of payments made with corporate cards. The payment processing service will… Read More

San Francisco based Fintech Brex Partners SAP Concur so Customers can Automatically Reconcile their Corporate Card Expenses

San Francisco-based Fintech Brex, a company that says it’s “reimagining” financial systems for high-potential or growing businesses, has teamed up with SAP Concur so that Brex customers are able to automatically update and reconcile their corporate card expenses by using Concur Expense. Brex claims that… Read More

US based Neobank Aidbanc, which Launched in 2019, Plans to Empower NGOs by Providing Digital Banking, Spend Management Tools

Neobank Aidbanc, which launched operations last year, is reportedly planning to assist NGOs by providing them with digital banking and spend management software that they need to deliver financial aid. The proper distribution of financial aid can have a significant positive impact on the lives… Read More

UK Fintech Payhawk, a Corporate Expense Management Solution Provider, Partners Visa and Wirecard to Issue Business Cards

UK-based Fintech Payhawk, a corporate expense management solution provider that secured €3 million in seed funding in March 2020, has teamed up with Visa in order to issue business cards that offer 0.50% exchange rates. The Payhawk team says that by working with the payments… Read More

Expense Robot, an AI-enhanced Automated Solution for Managing Company Spending, Secures $1.8 Million in Funding

Although there are many software tools to manage company expenses, the existing expense processing methods can be quite cumbersome and are also inefficient. Many firms depend on  manual processes to manage their spending. The founders of Expense Robot, a Switzerland-based Fintech firm that uses artificial… Read More

Fintech Firm Ramp, which Offers Corporate Credit Cards, Secures $25 Million in Funding

Ramp, a Fintech firm offering corporate credit cards has secured $25 million in capital and has managed to onboard almost 100 companies for its product launch. Ramp has been established by the team that founded Paribus, a leading consumer finance solution provider that was acquired… Read More

Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan

Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan, the largest bank in the US. Pleo’s management says that the new product offering is expected to replace the firm’s older… Read More

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