NEWS HIGHLIGHTS:
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Building on their long-term relationship in the US, Expensify has leveraged Marqeta’s card issuing platform to bring its expense management card offering to the UK and EU.
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Expensify customers in Europe can now access the same spend management capabilities that have allowed for the rapid growth of its card offering in the US.
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Marqeta’s comprehensive platform provides the multinational card issuing capabilities that enable customers to scale their card programs with a single integration.
Marqeta, Inc. , the modern card issuing platform, announced the expansion of its collaboration with Expensify, a leading spend management software platform, into the UK and EU. Expensify has leveraged Marqeta’s comprehensive platform and multinational card issuing capabilities to deliver its corporate card offering to businesses across Europe, addressing significant demand for modern and automated expense solutions in the region.
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“Businesses across Europe are seeking expense management tools that are simple, automated, and designed to save them time and money,” said Daniel Vidal, Chief Strategy Officer at Expensify. “Through our expanded partnership with Marqeta, we’re able to bring our proven corporate card capabilities to Europe, delivering the same high-quality spend management solutions our US customers rely on to businesses of any size across the region.”
The extended relationship unlocks a suite of spend management capabilities for Expensify’s European customers. Marqeta’s platform enables Expensify to offer physical, virtual, and tokenized cards that can be tailored to their customers’ needs and different use cases, such as travel, one-time vendor purchases, or departmental expenses. Expensify can set spend controls by cardholder, authorize transactions in real-time, and provide data-rich insights into spend patterns, helping to improve cashflow visibility and enable its customers to allocate budget efficiently across teams.
“Supporting Expensify’s expansion into Europe reflects Marqeta’s commitment to enabling businesses to deliver expense management solutions with the flexibility, configurability, and control that legacy platforms cannot provide,” said Todd Pollak, Chief Revenue Officer at Marqeta. “With multinational card issuing capabilities built into our platform, we are uniquely positioned to support this type of international scale, enabling customers to enter new markets and grow their card programs while simplifying the complexities that come with global expansion.”
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