Spendesk offers a financial technology platform that helps businesses manage their spending more effectively. The platform provides a comprehensive view of all company expenses, allowing finance teams to make informed decisions quickly. It captures over 95% of receipts on time, giving businesses real-time visibility into their spending habits. Spendesk is user-friendly, making it easy for companies to transition to the platform, as evidenced by 98% of its 3,500 clients reporting a smooth switch. Unlike many competitors, Spendesk operates on a subscription model with no hidden fees or setup costs, which simplifies budgeting for businesses. The platform includes features like expense tracking, validation systems, and a traceable workflow, enabling companies to automate their expense management while maintaining control. The goal of Spendesk is to streamline financial processes for businesses, helping them to make smarter spending decisions.

Nicolas Steegmann

La Belle Assiette

FundersClub

tinyclues

Eduardo Ronzano

Kima Ventures

AB Tasty

Financière Saint James

Edward Lando

Frédéric Montagnon

Pieterjan Bouten

Louis Jonckheere

Michaël Benabou

Laurent Asscher

Index Ventures

General Atlantic

Tiger Global

Hexa

Eight Roads Ventures

Showpad

Fintech

Financial Services

Spendesk

As the monthlong B2B Payments: Outlook 2030 event has revealed, the future of B2B payments is fast, global and all about innovation. Still, uncertainty remains an invisible expense on nearly every company’s ledger. Finance teams are scrambling to maintain control while juggling cash flow concerns, cost volatility and a minefield of risk. Middle-market firms often find themselves caught in the Goldilocks paradox. These businesses, with $50 million to $1 billion in revenues, are too big for the financial products offered to smaller businesses, yet too small for the working capital solutions typically designed for multibillion-dollar enterprises. What they need are solutions that are just right for their size

Global Growth And Painless Payments Headline This Week In B2B

Spendesk launched a procure-to-pay solution designed alongside the company’s existing spend management platform. The resulting fully integrated procurement and spend management tool is designed for European small– to medium-sized businesses (SMBs) of up to 1,000 employees, the company said in a Tuesday (Oct. 22) press release. The launch of the procure-to-pay solution comes six months after Spendesk acquired intake-to-procure solution provider Okko, according to the release

Spendesk Adds Procure-To-Pay Solution For European Small Businesses

Spendesk, the complete spend management platform, has shared the findings of a new study of corporate spending on AI tools among 4,300 small and medium-sized businesses (SMBs) in the UK and across Europe. As the AI industry grows in maturity, the findings reflect how businesses are both mass-adopting while strategically investing in scalable, creative, and safety-focused AI tools to balance cost, functionality, and societal impact.Key Findings:The number of UK SMBs adopting AI tools in 2024 is 32 times more than in 2022Per-company spending on AI tools in the UK rose 5.9 times from €195 in 2022 to €1,151 in 2024OpenAI is the most popular AI vendor among UK companies, with a total billing amount of €656,355 in 2024, up from €183,052 in 2023, and an average monthly bill of €160 per companyConversational AI tools such as ChatGPT have seen increases in overall spend in the UK but maintained low average billing rates, indicating that these tools are successfully scaling across industriesThere is evidence UK businesses are thinking more about responsible AI usage and safety, with spending on Anthropic rising from €323 in 2023 to €14,574 in 2024The Spendesk corporate spend data shows that UK businesses are placing increased trust in AI tools. The adoption rate for AI solutions has grown more than 32 times in two years, from 19 UK companies of those surveyed in 2022 to 599 in 2024.Results also show a consistent rise in average spending on AI among UK businesses, from €195 per company in 2022 to €1,151 per company in 2024. This suggests that many businesses in the UK are moving beyond basic AI adoption, and are now integrating it into core workflows.Compared to their French and German counterparts in the study, spend on AI among UK companies has grown more quickly over the past two years. However, the number of French SMBs adopting AI tools has increased by a greater amount – 57 times – during the same period, while German companies spend more on average than UK companies at €1,332 per month.The fast growth of OpenAI‘s business in the UK – with billing levels reaching €656,355 in 2024, up from €183,052 in 2023 – implies that UK companies are prioritizing large-scale, adaptable AI platforms for diverse applications such as content generation, customer interaction, data analysis, and automation.Where creative AI applications are concerned, UK business’ spending on Midjourney grew from €7,763 in 2023 to €12,612 in 2024, with average billing amounts decreasing from €45 per month in 2023 to €37 per month in 2024. This indicates that businesses in media, marketing, and design are taking advantage of the lower barrier to entry for access to creative AI tools.Conversational AI tools such as ChatGPT are increasingly being used by UK companies to directly interact with customers, enabling real-time engagement and streamlined customer services

Spending On Ai Tools By Uk Smbs Grows Fivefold In Past Two Years, According To Spendesk Data

Spendesk, the spend management platform for mid-sized businesses, has launched Spendesk Financial Services, which is its own payment institution.

Spend Management Fintech Spendesk Introduces its Payment Institution

Spendesk, the spend management platform for mid-sized businesses, has launched its own payment institution.

Spendesk launches payment institution as part of Visa partnership

Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk said in a Tuesday (Nov. 26) press release. The payment institution’s capabilities join those of Spendesk’s spend management platform for mid-sized businesses, which is used by 5,000 client businesses across Europe, according to the release

Spendesk Launches Payment Institution To Expand Spend Management Platform Capabilities

Spendesk, the complete spend management platform for mid-sized businesses, has officially launched Spendesk Financial Services, its payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a strategic collaboration with VISA, Spendesk Financial Services enables the company to deliver innovative and secure payment solutions to its clients across France and the European Union.With Spendesk Financial Services, Spendesk now has end-to-end control over its payment services infrastructure. This strategic initiative represents a significant milestone in the evolution of its platform. The company offers its 5,000 client businesses, representing more than 200,000 users across Europe, a fully integrated spend management solution.Innovation at the heart of the user experienceThis launch strengthens Spendesk’s commitment to its customers by providing a more secure and optimized environment for managing company spend. Beyond payment management, Spendesk Financial Services enables the platform to centralize operational processes and introduce new features faster.The financial services include account management and the provision of various payment methods like physical and virtual business cards as well as transfers. Integrated within Spendesk’s spend management solution, Spendesk Financial Services supports an end-to-end customer journey from procurement and spend management to paymentThe introduction of Spendesk Financial Services enhances the platform’s efficiency, offering improved service levels and responsiveness for a continuously optimized user experience

Spendesk Officially Launches Its Own Payment Institution: Spendesk Financial Services

Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help of its new partnership with FinTech platform Adyen. Adyen’s banking licenses in the United Kingdom, the United States and the European Union will help Spendesk remain compliant in the countries in which it operates and those to which it plans to expand, the companies said in a Thursday (Nov. 21) press release. “Trust and accountability are critical in our industry, and to achieve our global ambitions we need a partner who supports our growth with shared values,” Stéphane Dehaies, CEO of Spendesk Financial Services, said in the release. “Adyen’s technology, geographical footprint and commitment to innovation are helping us reach our goals as we navigate regulatory requirements and shifting customer needs.”

Adyen To Support Global Expansion Of Spendesk’S Spend Management Platform

Adyen, the financial technology platform of choice for leading businesses, has today announced its long-term strategic partnership with Spendesk, the complete spend management platform for medium-sized businesses. The partnership will support innovation in embedded financial services, as Spendesk continues to accelerate bringing products to market in 2025, and Adyen continues to build its suite of embedded financial products, including business bank accounts and card issuing.Spendesk offers a comprehensive spend management solution that enables finance teams to automate workflows and gain full visibility and control over company spending. Providing essential tools like virtual and physical cards, expense management, and a new procurement solution, Spendesk also allows businesses to work with their existing accounting and financial software via its APIs and native integrations.Scaling rapidly, Spendesk chose Adyen for its full stack Banking-as-a-Service (BaaS) coverage across multiple key markets, which eliminates complex multi-provider set-ups. With Adyen’s UK banking licence, this partnership empowers Spendesk to maintain full control over the payment experience, provide its UK customers with the card customisation they need, and embed financial products beyond payments going forward.As a company focused on providing finance teams with greater control, visibility, and automation, Spendesk sees a significant opportunity to enhance their payments solution by refining spend management workflows for SMB users. Enhancements include:Leveraging data to increase visibility and control on the end-to-end payment process.Adding digital wallets (Apple Pay and Google Pay) to enhance XPays, a feature that provides companies with flexible payment options – improving the customer experienceMaximising operational efficiency and reducing friction for customers through a streamlined onboarding process and an optimised payment success rate and processing timeSpendesk needed a partner that could safeguard against financial crimes. With Adyen’s banking licences in the UK, US and EU, the company is highly regulated and can ensure Spendesk is continuously compliant within the countries it operates in and plans to expand to.“Trust and accountability are critical in our industry, and to achieve our global ambitions we need a partner who supports our growth with shared values,” said Stéphane Dehaies, CEO of Spendesk Financial Services

Spendesk Partners With Adyen To Accelerate Smb Innovation With Embedded Payments And Financial Services

Spendesk, the complete spend management platform, announces it has been awarded the International Standards Organisation (ISO) 27001:2022 certification for the security of its services.The ISO 27001:2022 is one of the most widely recognised international standards for information security. As a company operating in the financial services sector — where this security is vital for both customer protection and to comply with regulators — this certification reinforces Spendesk’s commitment to maintain the highest levels of security, innovation, and reliability.The certification is independent proof that Spendesk meets a recognised market standard; guaranteeing trust, transparency, and optimal security across all of its services. It is also an important marker for the company’s commitment to safeguarding sensitive customer data to ensure business continuity. In addition, this certification will streamline the process of providing proof of information security to Spendesk’s customers.To achieve certification, Spendesk underwent an exhaustive audit of its information systems, policies, procedures and processes, which took more than a year to complete. The company successfully met requirements for implementing, maintaining and continually improving its information security management systems. As part of this process, Spendesk implemented around 200 control items monitored daily by its team.“Maintaining utmost security has always been core to Spendesk, and we are delighted that our commitment to rigorous controls and procedures across the entirety of our services has been recognised with the ISO 27001:2022 certification,” said Yves Auger, Head of Security at Spendesk

Spendesk Awarded Iso 27001:2022 Certification For The Security Of Its Services

Financial technology for automated expense management

Spendesk

Financial technology for automated expense management

Spendesk

Financial technology for automated expense management

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