Browsing: expense management
The global spend management sector is experiencing a headwind. North America is arguably the largest market in this sector, but spend management companies have seen demand…
Neobank startup Mercury takes on Brex and Ramp with new bill payment and expense management software
Digital banking startup Mercury is laerial software to its bank accounts, enabling its business customers to pay bills, bill customers and reimburse employees, the company told…
Ramp raises another $150 million co-led by Khosla and Founders Fund at $7.65 billion valuation
Expense management startup Ramp has raised another $150 million at a $7.65 billion valuation after the funding round, the company confirmed to TechCrunch today. New investor…
The expense management arena is a crowded onewith well-funded players such as Brex, Ramp and Navan clamoring for market share. These companies generally focus on tech…
Expense management startup Ramp has acquired AI procurement startup Venue, the companies announced today. Founded in 2022 by TK Kong, Young Kim, and Kevin Chan, Venue’s…
Conta Simples earns another $41.5 million for its spend management approach in Brazil
Conta Simplesan expense management and corporate card company in Brazil, raised a series of $41.5 million or more than R$200 million. Base10 Partners led the round…
Expense management startup Navan cuts staff to find profitability ahead of delayed IPO
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. Information…
AI can help customers, but can it help the bottom line? A growing number of fintechs claim to use artificial intelligence to get ahead. However, how…
Welcome back to The exchange, where we take a look at the hottest fintech news of the past week. If you want to get The Interchange…