Spendesk

Spendesk

Financial technology for automated expense management

About

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 designed to be user-friendly, with a high satisfaction rate among its clients, making the transition to the platform easy. Unlike many competitors, Spendesk operates on a subscription model with no hidden fees, offering features like expense tracking, validation systems, and a traceable workflow. The goal of Spendesk is to automate expense management for businesses, enabling them to scale their operations without increasing back-office workload.

Company Stage

Series C

Employees

201-500

Industries

Fintech, Financial Services

Total Funding

$279.6M

Headquarters

Paris, France

Founded

2016


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Simplify's Take

What believers are saying

  • Partnership with Adyen supports global expansion and compliance across key markets.
  • ISO 27001:2022 certification enhances trust and attracts security-conscious clients.
  • Procure-to-pay solution expands service offerings for European small businesses.

What critics are saying

  • Increased competition from fintech companies may erode Spendesk's market share.
  • Regulatory scrutiny may rise with the launch of Spendesk Financial Services.
  • High expectations for security standards could be challenging as the company scales.

What makes Spendesk unique

  • Spendesk offers a comprehensive spend management solution with real-time visibility and automation.
  • The platform's user-friendly interface ensures easy adoption by finance teams of all sizes.
  • Spendesk Financial Services provides end-to-end control over payment services infrastructure.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

5%

2 year growth

7%

Benefits

Transport reimbursements - Monthly contribution to your transportation card (metro, bus or train).

Offsite and events - Regular team events to exchange with other Spendeskers and get to know each other better

Personal Day - 3 personal days per year to rest and enjoy life

€50 on your Spendesk card - To buy anything you need for work

For Spendeskers with kids - Generous parental leave & a lot of flexibility for working parents

Great offices - In the hearts of Berlin, London, Paris, and San Francisco.

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