Payhawk was founded in 2018 and it offers an all-in-one corporate expense and spend management service for small and medium sized companies. The fintech provides a mobile app and web interface to give their corporate clients a comprehensive dashboard for complete control and transparency over employees’ spending, travel expenses, or other transactions. The company will benefit from Wirecard’s tailor-made corporate expense card solution including end-to-end card infrastructure and Wirecard’s expertise in the payment industry.
The cooperation between the three companies will enable the Bulgarian startup to address new target groups in Europe with a particular focus on small and medium-sized enterprises who currently lack digital solutions for expense management and need to address the complexities of managing company cards.
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