Tagged: spend management

June 28, 2023 @ 5:38 pm By Omar Faridi  |  

Airbase, the software provider that helps companies procure, pay, and close their books with ease, and TravelPerk, the “fastest-growing” global travel management platform, announced an integration that will “enable businesses to seamlessly manage their travel expenditure with less effort.” This partnership “brings together TravelPerk’s vast… Read More

June 23, 2023 @ 10:41 am By Omar Faridi  |  

PayEm, a global procurement and spend management company, recently announced a new integration with American Express (NYSE: AXP). The integration allows American Express Corporate and Business Card Members “the ability to create and distribute on-demand virtual Cards to employees, freelancers, candidates, or other authorized users for… Read More

June 3, 2023 @ 1:11 pm By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, announced significant momentum and growth of two of its products — Empower, Brex’s spend management platform, and Brex business accounts — which “have each achieved $100M in ARR.” In the year since its… Read More

June 1, 2023 @ 11:13 pm By Omar Faridi  |  

Mesh Payments announced the expansion of its unified spend management platform to support global multinational businesses operating in Europe, UK, and Asia in local currencies. Mesh now enables companies “to operate globally across international entities, issue local cards and settle in local currencies all from… Read More

May 5, 2023 @ 2:27 am By Omar Faridi  |  

Torpago, a modern business credit card and spend management platform provider, today launched Powered By, a private label credit card program that will “allow community banks and credit unions to launch their own fully branded, end-to-end corporate credit card product and accompanying spend management platform.”… Read More

April 29, 2023 @ 12:17 pm By Omar Faridi  |  

Clara, the “end-to-end” spend management solution for companies in Latin America, today announced that it has closed $60M USD ​ in an equity financing round “led by GGV Capital.” In addition, GGV Managing Partner Hans Tung will “join the company’s Board of Directors.” The additional… Read More

April 22, 2023 @ 11:27 am By Omar Faridi  |  

Airbase, the modern spend management software provider, has announced the launch of Guided Procurement. Airbase claims it is “the first spend management solution to automate the intake process for purchasing.” It meets “the needs of multiple stakeholders like procurement, finance, IT, security, and legal while… Read More

April 15, 2023 @ 7:06 pm By Omar Faridi  |  

Coupa, a global player focused on Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a digital-first, cloud-based bank provider, announced a joint initiative “to simplify payment processes between businesses and their global supply chains.” Making payments between businesses “is fraught with operational challenges… Read More

March 19, 2023 @ 11:27 pm By Omar Faridi  |  

At a time when the UK and US tech sectors were exposed to what can only be described as financial chaos, Payhawk, the spend management solution for domestic and international businesses throughout Europe, the US, and the UK, continued “to show their dedication and support… Read More

December 14, 2022 @ 11:06 am By Omar Faridi  |  

Extend, a virtual card and spend management platform, announced a partnership with HSBC (NYSE: HSBC), one of the world’s largest banking and financial services organizations. HSBC will offer Extend solutions “to its commercial card clients in the U.S. to help companies manage spending with the… Read More

November 16, 2022 @ 9:27 pm By Omar Faridi  |  

Extend, a virtual card and spend management platform, announced a collaboration with Bank of the West, which has more than 600 branches and Commercial Banking Offices across the Midwest and Western United States. Bank of the West small and mid-size clients can “begin using Extend… Read More

November 4, 2022 @ 2:58 pm By Omar Faridi  |  

Airbase, the “fast-growing” spend management solution, announced that the company is rolling out a series of new product capabilities that “expand its all-in-one spend management platform to support the sophisticated purchasing processes of today’s mid-market and larger companies.” These new capabilities “help ensure compliance by… Read More

October 27, 2022 @ 3:19 pm By Omar Faridi  |  

Center, a software company helping businesses gain visibility into and manage employee spending, announced it “has completed its series B funding round with an additional $15 million from existing investors.” On the heels of the investment round, Center also “appointed travel industry innovator and CLEAR… Read More

October 23, 2022 @ 12:33 pm By Omar Faridi  |  

Enfuce, the “pioneering” issuer processing platform, has announced the launch of its dynamic spend management tool Authorization Control, which “empowers companies of any size, in any sector, to set transaction and spending controls for any card in real time.” Combined with Enfuce’s turnkey Card as… Read More

October 5, 2022 @ 12:35 pm By Omar Faridi  |  

Payhawk, the “fast-growing” spend management platform combining company cards, reimbursable expenses, and accounts payable in one solution, recently announced the launch of a business credit card in the UK. This new release “follows its launch of credit cards for US businesses in September this year,… Read More

October 4, 2022 @ 6:12 pm By Omar Faridi  |  

Commonwealth Bank’s venture-scaling arm, x15ventures, has announced a $250,000 investment in Paytron, “after the full-suite workflows and spend management platform won this year’s Xccelerate program.” Paytron was founded by Jaco Veldsman and Francois Henrion “to transform business spend, with integrated workflows to control every transaction.”… Read More

September 15, 2022 @ 1:03 am By Omar Faridi  |  

Payhawk, the spend management solution with a presence across the UK and Europe, officially launched in the US. The unicorn has “opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and… Read More

September 13, 2022 @ 10:01 pm By Omar Faridi  |  

Nachonacho, an “exclusive” B2B SaaS Marketplace and spend management solution used by “thousands” of SMBs, recently announced a newly rebranded SaaS marketplace “featuring top SaaS products at up to 30% discounts (lifetime).” NachoNacho’s goal is “to harmonize the subscription economy by reducing friction and waste… Read More

September 12, 2022 @ 11:56 pm By Omar Faridi  |  

Fintech Ramp, the spend management and corporate card provider, has launched a lending partner network “to help customers find better long-term financing options.” As mentioned in an update shared with CI, partners “include Stifel, Capchase, Live Oak Bank, SmartBiz Loans, Lighter Capital and Founderpath.” This… Read More

September 5, 2022 @ 10:51 am By Omar Faridi  |  

Center, a software company helping businesses gain visibility into and manage employee spending, recently announced it has “tripled its customer base while retaining 94% of existing customers, doubled the company size year-over-year, and expanded its leadership bench with the addition of Maureen Rhodes, SVP, Customer… Read More