Expensify | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Expensify is a spend management software that simplifies receipt and expense tracking for over 12 million users globally. It offers...


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Expensify is a spend management software that simplifies receipt and expense tracking for over 12 million users globally. It offers features such as automated reports, corporate card management, invoicing, bill pay, and travel booking, making it suitable for individuals, small businesses, and larger teams. The platform aims to streamline financial processes, allowing users to focus on their core activities.

Website
Headquarters
San Francisco, CA
Size
51-200 employees
Industry
Software Development
Specialities
Preaccounting, Expense Management, Receipt Tracking, Invoicing, Bill Pay, Corporate Card, Travel Booking

🛍️ Expensify Product and Pricing News →

👔 Expensify CEO, Management and Leadership Team →

⚔️ Expensify Alternatives and Competitors →

💼 Expensify Hiring and Layoffs →

🤖 Expensify Developer, Integration and Automation News →

📈 Expensify Financials, Fundraising and Valuation News →

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🛍️ Expensify Product and Pricing News

  • Expensify integrates with NetSuite to automate expense tracking and financial management, offering real-time data synchronization and reducing administrative burdens.
  • Expensify is experiencing an issue with uploading receipts as of November 26.
  • Expensify released a new guide on using virtual cards to streamline employee expenses and automate subscriptions.


👔 Expensify CEO, Management and Leadership Team


⚔️ Expensify Alternatives and Competitors

  • Concur Expense
  • |
  • Webexpenses Expense Management
  • |
  • Zoho Expense
  • |
  • Coupa
  • |
  • Navan
  • |
  • Paylocity
  • |
  • Rydoo
  • |
  • ExpenseOnDemand
  • |
  • Ramp
  • |
  • Emburse Professional
  • |
  • Airbase
  • |
  • Brex
  • |
  • Fyle
  • |
  • Payhawk
  • |
  • Routespring
  • |
  • Spendesk
  • |
  • Xero
  • |
  • TravelBank
  • |
  • ExpensePoint
  • |
  • BILL Spend & Expense
  • |
  • Neat
  • |
  • Shoeboxed

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💼 Expensify Hiring and Layoffs

  • Sofie de Vreese has left Expensify as Head of Growth & Partnerships — APAC to join StarRez, Inc. as Head of Sales - APAC in Australia.
  • Moses Osieko has left Expensify as a Data Entry Specialist in Kenya to join Learnsoft Beliotech Solutions Limited as a Salesperson.
  • Expensify uses a competency-based reward system where employees participate in a paired comparison process to determine pay rates based on skills and contributions.
  • Expensify is hiring for a Sales Lead role, offering a fast-paced opportunity to lead a team in a growing fintech company, as announced by Zach Greenwald, Head of Sales.


🤖 Expensify Developer, Integration and Automation News

  • Isaac Operations uses Expensify to review and audit employee expenses.


📈 Expensify Financials, Fundraising and Valuation News

  • Expensify's shares increased by 44.4% this week following an earnings announcement showing a 6% revenue rise to $35.4 million and an 8% increase in total card spend.
  • Expensify's Q3 2024 results reveal declining revenue but improved free cash flow guidance as the company focuses on its Platform 2.0 approach.
  • As of November 12, 2024, Expensify's stock decreased by 20% year-to-date despite introducing new products and improving operational efficiency amid declining revenues and intense competition.
  • Expensify CFO Ryan Schaffer sold $31,250 in stock on November 8, 2024, while the company reported a 48% year-over-year increase in interchange revenue from the Expensify Card.
  • Expensify has 684,000 paid members as of November 15.

  • Expensify's pitch deck effectively secured investments, establishing the company as a leader in expense management solutions.

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