Marqeta, Inc., the modern card issuing platform, has announced the expansion of its collaboration with Expensify, a leading spend management software provider, into the UK and European Union markets.
Through this extended partnership, Expensify will leverage Marqeta’s comprehensive card issuing platform and multinational capabilities to offer its corporate card solutions to businesses across Europe.
The expansion comes amid rising demand among European businesses for automated, flexible, and efficient expense management solutions that can simplify financial operations and improve visibility into company spending.
By utilizing Marqeta’s technology infrastructure, Expensify aims to provide organizations of all sizes with modern tools to manage expenses more effectively.
Daniel Vidal, Chief Strategy Officer at Expensify, said, “Businesses across Europe are seeking expense management tools that are simple, automated, and designed to save them time and money. Through our expanded partnership with Marqeta, we’re able to bring our proven corporate card capabilities to Europe, delivering the same high-quality spend management solutions our US customers rely on to businesses of any size across the region.”
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The partnership will enable Expensify’s European customers to access a wide range of spend management capabilities, including physical, virtual, and tokenized card options. These solutions can be customized for various business requirements, including employee travel expenses, one-time vendor payments, and departmental spending.
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Marqeta’s platform allows Expensify to provide advanced controls such as real-time transaction authorization, customizable spending limits, and detailed spending analytics. These capabilities will help businesses gain greater visibility into cash flows, improve expense tracking, and optimize budget allocation across teams.
Todd Pollak, Chief Revenue Officer at Marqeta, highlighted the importance of the collaboration, stating, “Supporting Expensify’s expansion into Europe reflects Marqeta’s commitment to enabling businesses to deliver expense management solutions with the flexibility, configurability, and control that legacy platforms cannot provide.”
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With multinational card issuing capabilities integrated into its platform, Marqeta enables companies like Expensify to expand into new markets while simplifying the complexities associated with global card program management.
The partnership marks a significant step toward accelerating digital transformation in corporate expense management across Europe.