Tagged: spend management

May 27, 2025 @ 4:44 pm By Omar Faridi  |  

Fintech startup Keep has emerged from stealth mode with a significant C$33 million in equity financing. The company aims to establish itself as the Canadian equivalent of Brex, the U.S.-based fintech known for its corporate spend management solutions. This infusion of capital positions Keep to… Read More

May 21, 2025 @ 1:00 pm By Omar Faridi  |  

Brex and Zip, a “procurement orchestration platform,” have announced Brex for Zip – a solution that integrates Brex’s global card capabilities directly into Zip’s procurement workflows. This partnership delivers end-to-end spend orchestration that “eliminates the traditional disconnect between procurement requests and payment execution.” This enables enterprises… Read More

April 16, 2025 @ 12:11 pm By Omar Faridi  |  

Pipe, a fintech company enabling embedded financial solutions for software platforms, today announced its strategic acquisition of Glean.ai, an AI-powered spend management company. With this acquisition, Pipe becomes the first embedded finance company to bring together “embedded capital and spend management for small businesses via… Read More

April 2, 2025 @ 10:21 am By Omar Faridi  |  

Payhawk, the spend management platform, today announced the launch of “AI Office of the CFO,” a suite of AI agents that solve finance’s AI challenge: increasing finance teams’ productivity while “maintaining complete control over their operations.” With its platform managing companies’ transactions, policies, workflows, and… Read More

March 28, 2025 @ 1:02 pm By Omar Faridi  |  

Mendel, Latin America’s enterprise spend management platform, announced the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and “support from existing investors Infinity Ventures, Industry Ventures, Hi.vc. Endeavor Catalyst is also investing.” Mendel is gaining traction… Read More

January 24, 2025 @ 7:48 am By Omar Faridi  |  

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

November 28, 2024 @ 8:38 am By Omar Faridi  |  

Spendesk, the spend management platform for mid-sized businesses, has launched Spendesk Financial Services, which is its own payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a collaboration with Visa, Spendesk Financial Services enables the company to deliver payment… Read More

November 20, 2024 @ 2:08 pm By Omar Faridi  |  

Payhawk, a spend management solution, announced it selected JP Morgan Payments, to improve its payment services for enterprise customers in the UK. Payhawk notes that has worked closely with JP Morgan Payments to enhance its global payment services for enterprise clients. Payhawk expects to enable… Read More

November 17, 2024 @ 6:04 pm By Michael Wong  |  

Dubai-based spend management platform Pemo announced raising $7 million in a Pre-Series A funding round. The investment comes as the company seeks to accelerate its growth in the Gulf Cooperation Council (GCC) region, including plans to expand into Saudi Arabia. The funding round was co-led… Read More

November 12, 2024 @ 6:26 am By Omar Faridi  |  

Payhawk, the spend management solution that empowers businesses to manage and control company spending at scale across 32 countries, has reported 114% YoY consolidated revenue growth for the year ending 2023 including clients such as Gaucho, Myenergi and PensionBee. Following the growth and rising demand,… Read More

September 11, 2024 @ 8:14 am By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announces the launch of new innovations as part of its ‘Fall Edition’ product release. Global companies face significant challenges in “managing and controlling corporate spending across… Read More

September 5, 2024 @ 2:34 pm By Omar Faridi  |  

Paylocity (NASDAQ: PCTY), a firm focused on cloud-based HR and payroll software solutions, announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and… Read More

August 10, 2024 @ 7:31 am By Tony Zerucha  |  

Torpago, a commercial credit card and spend management provider for banks, has announced the hiring of Chris Boncimino to head business operations. Boncimino will lead business operations with a focus on growth and product development for Torpago’s Powered By program management service. Boncimino’s fintech experience… Read More

July 6, 2024 @ 1:43 pm By Omar Faridi  |  

At Payhawk, they claim to be all about simplifying the lives of financial professionals. One way Payhawk does this is by “making international transactions seamless and eliminating the need for multiple tools.” With Payhawk‘s comprehensive, cost-effective spend management solution, you “get corporate cards, automated receipt… Read More

June 28, 2024 @ 5:14 pm By Omar Faridi  |  

Ramp is completing a $150 million Series D-2 funding round, raising the company’s valuation to $7.65 billion. This investment round was co-led by Khosla Ventures and Founders Fund ‘with additional new investors Sequoia Capital, Greylock, and 8VC.’ Ramp‘s existing investors Thrive Capital, General Catalyst, Sands Capital,… Read More

June 9, 2024 @ 5:38 pm By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announced its Q1 2024 business performance results and the launch of its Summer Edition product release that “brings flexibility to the way companies manage spend.” Q1… Read More

April 30, 2024 @ 10:24 am By Tony Zerucha  |  

Payhawk, a global spend management solution for domestic and international businesses throughout the United States, United Kingdom, and Europe, this week announced a new integration with American Express. It offers U.S. business and corporate card members the ability to issue virtual cards with built-in spend… Read More

April 30, 2024 @ 8:50 am By Tony Zerucha  |  

This week, FinQuery (formerly LeaseQuery), a provider of AI-powered solutions, announced a $25 million minority investment led by Periphas Capital and supported by Lavelle Capital. The funding will accelerate product innovation and support strategic mergers and acquisitions. FinQuery’s AI-driven SaaS platform unifies finance, accounting, and… Read More

March 8, 2024 @ 1:54 pm By Omar Faridi  |  

Airbase, the procure, pay, close software to stop uncontrolled spend, announced a strategic collaboration with Sardine, the firm focused on behavior-based fraud management. This partnership underscores a shared commitment to “enhancing customer financial security against a backdrop of soaring vendor and payment fraud.” Soups Ranjan,… Read More

January 29, 2024 @ 3:48 pm By Omar Faridi  |  

Corpay, a FLEETCOR brand and global firm focused on business payments, announced the launch of Corpay Complete, a spend management platform for corporate payments and spending. The first-of-its-kind payment solution is now “available to new customers in the United States and Canada and to eligible… Read More