Expense Management/page/13 news and trends

TravelPerk Acquires Yokoy to Build Integrated Travel and Expense Management Platform

January 28, 2025
TravelPerk Acquires Yokoy to Build Integrated T&E Platform
AccountsIQ Acquires Expense Management Firm ExpenseIn
Acquisitions // January 15, 2025

Cloud-based accounting software firm AccountsIQ acquired expense management software company ExpenseIn. “Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of joint customers in recent years,” AccountsIQ CEO Darren Cran said in a news release Wednesday...

Brex Secures $235 Million Credit Facility for Global Corporate Cards
Credit Cards // January 13, 2025

Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. The credit facility was provided by senior lender Citi and participating lender TPG Angelo Gordon, Brex said in a...

Virtual Cards Brought Flexibility and Security to B2B Payments in 2024
B2B Payments // December 30, 2024

Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier acceptance, virtual cards are now increasingly moving to the forefront of payment innovation, in large part by addressing the critical...

Mynt Raises $23 Million to Expand Spend Management Solution in Europe
Investments // December 11, 2024

Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the capital to fuel its next phase of growth and its planned expansion into the United...

Interviews & Exclusives
The Two Things That CFOs and Treasurers Want From Working Capital Solutions

November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you need it — no phone calls, no paperwork, just a […]

Discover Global Network: How Harnessing Transaction Data Unlocks Spend Management and Reduces Fraud for Businesses

September 23, 2024
Data is the fuel driving today’s world toward a more connected, digital tomorrow. The right data can be valuable to businesses interested in driving results and efficiencies when it comes...

74% of Travelers View Digital Wallets as Essential Gear for Vacations

September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time...

How Supplier-Friendly Card Solutions Improve Business Cash Flow

July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...

Quick Reads
TravelPerk Acquires Yokoy to Build Integrated Travel and Expense Management Platform

January 28, 2025
TravelPerk said Tuesday (Jan. 28) that it took a step toward its goal of building an integrated travel and expense management platform by acquiring Yokoy. The move will add Yokoy’s spend management platform to TravelPerk’s business travel platform, the companies said in a Tuesday (Jan. 28) press release. “As our relationship with Yokoy and other […]

AccountsIQ Acquires Expense Management Firm ExpenseIn

January 15, 2025
Cloud-based accounting software firm AccountsIQ acquired expense management software company ExpenseIn. “Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of...

Brex Secures $235 Million Credit Facility for Global Corporate Cards

January 13, 2025
Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. The credit facility was...

Mynt Raises $23 Million to Expand Spend Management Solution in Europe

December 11, 2024
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the...