Expensify | Latest News & Updates - Nov 16, 2024 Release

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...


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Expensify

🌎 expensify.com

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.


Expensify - Latest News and Updates

  • 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 has 684,000 paid members as of November 15.
  • Isaac Operations uses Expensify to review and audit employee expenses.
  • 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 released a new guide on using virtual cards to streamline employee expenses and automate subscriptions.

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