Jeeves

Jeeves

Corporate card and expense management platform

About Jeeves

Simplify's Rating
Why Jeeves is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Fintech

Financial Services

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$443.2M

Headquarters

Miami, Florida

Founded

2019

Overview

Jeeves offers a corporate card and expense management platform tailored for startups and global companies. Its main product, the corporate card, allows businesses to pay for expenses in their local currency without incurring fees or interest, and it does not require personal guarantees. This card is integrated into a mobile-first expense management platform that helps companies track and manage their spending across different currencies. Jeeves stands out from competitors by providing up to 4% cashback on purchases and eliminating foreign exchange fees, making it particularly beneficial for businesses with international operations. The goal of Jeeves is to simplify financial operations for companies with global teams, allowing them to focus on their core activities.

YC Company
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Simplify's Take

What believers are saying

  • Jeeves' expansion in Latin America taps into a rapidly growing digital market.
  • The addition of Kash Baghaei as CPO strengthens Jeeves' product innovation capabilities.
  • Jeeves' partnership with Bexs enhances its cross-border payment solutions in Brazil.

What critics are saying

  • Regulatory challenges in Brazil could hinder Jeeves' expansion efforts.
  • Currency fluctuations in key markets may impact Jeeves' profitability.
  • Increased competition in cross-border payments could erode Jeeves' market share.

What makes Jeeves unique

  • Jeeves offers a unique mobile-first platform for global expense management.
  • The company provides up to 4% cashback on corporate card purchases.
  • Jeeves enables 24-hour cross-border payments, enhancing global business operations.

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Funding

Total Funding

$443.1M

Above

Industry Average

Funded Over

5 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Exame
May 8th, 2024
Startup americana Jeeves foca no Brasil e levanta US$ 75 mi para expansão | Exame

Os recursos serão usados para a operação nos mercados do Brasil, México e Colômbia

PR Newswire
May 6th, 2024
Jeeves Secures USD$75 Million Financing to Expand Latin America Footprint, Including Launch of Jeeves Pay Credit in Brazil

Jeeves secures USD$75 million financing to expand Latin America footprint, including launch of Jeeves Pay credit in Brazil.

PYMNTS
Nov 9th, 2023
Jeeves And Bexs Partner On Cross-Border B2B Payments In Brazil

Jeeves and Bexs have partnered to launch a fully digital platform for cross-border business payments out of Brazil. With the collaboration, Jeeves makes it easier for businesses operating out of Brazil to make B2B payments in U.S. dollars and other currencies, Jeeves CEO and founder Dileep Thazhmon said in a Wednesday (Nov. 8) post on LinkedIn. Jeeves provides fully digital settling on both sides, quick payouts and convenience via its expense management platform. “Payments out of Latin America is a complex and regulated process (especially to deliver it in USD), and we’re happy to partner with Bexs Group to deliver this much-needed product offering,” Thazhmon said in the post

FF News
Nov 6th, 2023
Jeeves Welcome Kash Baghaei As Chief Product Officer - Fintech Finance

Jeeves, the leading global expense management platform, is thrilled to announce the addition of Kash Baghaei to its leadership team as Chief Product Officer, effective september 29th. Kash brings a wealth of experience, having held pivotal roles in numerous renowned companies, including PayPal, Xoom, EWS Services (Zelle), and Intuit.Throughout his career, Kash has consistently showcased his proficiency in driving product innovation, streamlining design processes, and mastering data-driven decision-making. Some of his significant accomplishments include:Rebuilding multiple Product, Design, and Data Science organizations from the ground up at PayPal, resulting in a significant increase in revenue and margin growth.Championing a culture of customer obsession at EWS, which led to notable growth figures.Spearheading PayPal’s remittance strategy, leading to differentiation in product offerings and an uplift in revenue.Kash’s expertise in fintech aligns perfectly with Jeeves’ vision of continuously identifying and addressing customer needs. With him onboard, the company aims to intensify its commitment to creating unparalleled banking solutions for its clients.Kash Baghaei shared his enthusiasm about the new role, stating, “I’m thrilled to be part of the Jeeves team. I’ve admired its commitment to crafting a global banking experience for years. Now, I’m eager to collaborate and ensure we deliver the utmost value to our customers”.Jeeves is confident that Kash’s vast experience and in-depth knowledge will be instrumental in how the organization continues to develop new product offerings, ensuring that Jeeves remains at the forefront of its sector

Third Base Capital
Sep 13th, 2023
Portfolio | Thirdbase Capital

We partner with purpose driven companies whose products and services lead to a better future.

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