Expensify Allows For International Reimbursement Via Bitcoin

Expense report startup Expensify is allowing employers to reimburse their international workers with Bitcoin, reports VentrueBeat.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “Bitcoin is perfect for international transfers,” Expensify CEO David Barrett told VentureBeat. “It’s secure, instantaneous, and totally free. We support PayPal, but it is expensive. A four percent charge on a large reimbursement can really add up.”

    Expensify has raised $6.7 million in funding and has over 1.4 million users across more than 200,000 companies to date.

    Read the full story here.