Sweep news and trends

Sweep Raises $1.2 Million For Finance Management Tools
B2B Payments // January 13, 2021

Sweep, which works in expense and travel management for small- to medium-sized businesses (SMBs), announced Wednesday (Jan. 13) that it hit its 2020 funding target, with around 1 million euros (about $1.2 million) in investments and grants this year, according to a report from EU-Startups....

How Open Banking Keeps Spend Management FinTechs Agile
B2B Payments // November 11, 2020

With the pandemic ravaging the business travel market, travel and expense management FinTechs have had to think on their feet and adjust to the new market realities of a decline in travel and entertainment (T&E) spend. Volatility often breeds innovation, however, and many FinTechs have...

Solving The Gig Economy’s T&E Puzzle
Gig Economy // August 01, 2019

Last month, new data on the U.K.’s gig economy surfaced from the University of Hertfordshire, concluding that the number of gig workers in Britain has more than doubled in the last three years, now reaching 4.7 million professionals. Experts say the explosion of technology platforms...

Sweep Swoops Into Startup Expense Management Market
B2B Payments // July 25, 2019

A new corporate expense management company, Sweep, officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. In a press release, Sweep announced its debut aimed to enable freelancers, startups and SMBs to automate their spend management operations and remain compliant...

Quick Reads
Sweep Raises $1.2 Million For Finance Management Tools

January 13, 2021
Sweep, which works in expense and travel management for small- to medium-sized businesses (SMBs), announced Wednesday (Jan. 13) that it hit its 2020 funding target, with around 1 million euros (about $1.2 million) in investments and grants this year, according to a report from EU-Startups. The company’s most recent funding round in December raised 280,000 […]