News and resources on payments systems, innovations and initiatives worldwide.

Expend opens business marketplace

Source: Expend

Expend, the award-winning UK based expense and spend management fintech have launched a new business services marketplace to support its mission to help businesses across the UK go beyond expenses in 2020.

The marketplace is exclusively for both Expend smart payment card and non-card customers is aimed at business owners and finance teams of growing businesses that need a curated list of hand-picked solutions to help improve everything from cash flow, HR, finance and new accounting software.

With 46% of UK SMEs experiencing barriers when trying to access finance, making it difficult for smaller businesses in the country to grow.* It’s perhaps no surprise that recommendations for where to get finance are consistently one of the top requests we receive alongside recommendations for other business improvement solutions. The Expend marketplace launch partners include FreeAgent, Esme Loans, Market Finance, Iwoca, Tanda, VAT IT, Capitalise and Commuter Club. Expend customers can expect exclusive discounts and extended free trials and complements Expend’s more established integration partners in Xero and QuickBooks.

‘’We’re very excited to announce the launch of the Expend marketplace, designed to support our SME clients outside the world of expenses. Through strong partnerships with industry leaders, we are proud to provide our valued ‘Expenders’ with the tools they need to supercharge their businesses in 2020.” Kayley Hunter, head of partnerships, Expend. Perhaps understandably, 64% of business owners underestimated their expenses for the first business year.* However, managing budgets and expenses is ongoing pressure for businesses of any size and age.

‘’Whether they need support with fast, flexible finance, or software to streamline the management of their day to day, our new hand-picked partnerships enable customers to maximise their potential through a seamless process within Expend.’’ Kayley continues.

Expend is now opening submissions for other like-minded businesses to ​apply to join​ the marketplace. With plans to open this up further for exclusive cardholder offers, Expend customers can look forward to more ways to reduce to the huge cost to businesses that are incurred by expenses alongside the time-saving benefits of using a combined spend and expense management platform.

Comments: (0)