Expensify news and trends

Expensify Adds Unlimited Virtual Cards to Spend Management Platform
B2B Payments // May 13, 2024

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release. “Managing...

Transforming Back-Office Functions Lets Firms Move Forward With Certainty
B2B Payments // May 10, 2024

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office workflows and transforming processes historically viewed as static administrative functions. And with the news this week that digital banking startup...

AP Automation and Virtual Cards Shine This Week in B2B
B2B Payments // May 09, 2024

The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...

Expensify to Add Travel Features to Financial Management Platform
B2B Payments // May 08, 2024

Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards. The new Expensify Travel will begin rolling out next week in the Expensify web and mobile apps and will later be integrated into the new chat-based super...

Interviews & Exclusives
FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher

May 17, 2024
Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants and consumers — were dominant in the headlines. With stocks remaining volatile in the wake of those earnings reports, the FinTech IPO Index was 1.7% higher this week. […]

FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers

March 01, 2024
The earnings avalanche continues.   The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said this past week that fourth-quarter revenues came...

FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 

January 19, 2024
The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm for loans, perhaps some pressure...

FinTech IPO Index Surges 8% as Affirm Gets a Bump on Walmart BNPL Deal 

December 22, 2023
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues  Affirm shares gathered 6.9%,...

Quick Reads
Expensify Adds Unlimited Virtual Cards to Spend Management Platform

May 13, 2024
Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release. “Managing costs is front and center for every business right now, […]

Expensify to Add Travel Features to Financial Management Platform

May 08, 2024
Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards. The new Expensify Travel will begin rolling out next week in the...

Expensify Launches Expense Tracking Features for Self-Employed Professionals

May 01, 2024
Expensify has added expense tracking features for self-employed professionals to the latest version of its app for expenses and corporate cards. The New Expensify platform helps self-employed professionals track all...

Expensify Adds Budgeting Tool to Financial Management App for Businesses

December 20, 2023
Expensify added a budgeting tool to its financial management app for businesses. The new tool allows admins to set monthly or annual budgets for teams, departments, employees or the company...