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Expensify to Launch New Travel Offering

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Expensify, Inc. (Nasdaq: EXFY) is set to launch Expensify Travel, a new travel platform created in partnership with Spotnana. The platform will offer extensive booking and management capabilities, real-time support, customizable rules, and the option to assign virtual travel cards to employees. Expensify Travel aims to provide customers with access to global travel inventory, lower fares, better servicing, and industry-leading self-service capabilities for managing flight changes, cancellations, and unused ticket credits. The platform will be integrated into Expensify's new chat-based super app, New Expensify.

Positive
  • Expensify is expanding its services by launching Expensify Travel, offering customers a comprehensive travel solution with global travel inventory, lower fares, and better servicing.

  • The partnership with Spotnana enables Expensify to provide users with industry-leading self-service capabilities for managing flight changes, cancellations, and unused ticket credits.

  • Expensify Travel will be integrated into Expensify's new chat-based super app, New Expensify, providing customers with a seamless user experience for travel and expense management.

Negative
  • The gradual rollout of Expensify Travel may lead to delays in accessing the platform for some customers.

  • Customers may face challenges adapting to the new Expensify Travel platform and its features initially.

Expensify Travel will begin rolling out to customers next week on the expense management company’s next-gen platform, New Expensify.

PORTLAND, Ore.--(BUSINESS WIRE)-- Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, today announced the upcoming launch of their new travel platform: Expensify Travel. Expensify has partnered with Spotnana to create a new robust travel offering in Expensify, built on top of Spotnana’s cloud-based Travel-as-a-Service platform.

“Book your trip in minutes, we'll handle the rest. We've made it effortless for members to search and book flights, hotels, cars, and trains — all at the most competitive rates available," said David Barrett, Expensify's CEO. "Our early release will let business travelers manage it all in one place, with real-time support, customizable rules, and the option to assign virtual travel cards to employees. We couldn't be more excited for the future of Expensify Travel in partnership with Spotnana.”

The early release includes extensive booking and management capabilities in the Expensify web and mobile apps, with 24/7 Expensify support. Longer term, the offering will integrate Spotnana’s cloud-based infrastructure directly into New Expensify, Expensify’s new chat-based super app. Customers will then be able to book and manage trips, manage travel expenses, chat with colleagues, and more — all in one place.

Expensify Travel provides access to global travel inventory, lower fares, and better servicing. Customers will also benefit from Spotnana’s industry-leading self-service capabilities for managing flight changes, cancellations, and unused ticket credits, as well as comprehensive travel management capabilities.

“We’re delighted to partner with Expensify and provide the core infrastructure that powers their Expensify Travel," said Sarosh Waghmar, Founder and CEO of Spotnana. "Through our partnership, Expensify has created a one-stop shop for travel and expense management for their customers with a seamless user experience.”

Expensify Travel will be rolling out in waves. Join the priority list to jump the line and be one of the first to try Expensify Travel.

About Expensify

Expensify helps more than 12 million people around the world track expenses, reimburse employees, manage corporate cards, send invoices, pay bills, and book travel. All in one app. So whether you're working for yourself, running a small business, managing a team, or closing the books for your clients, let Expensify handle your spend so you can stay focused on success.

About Spotnana

Spotnana is the travel platform that connects humanity. We are modernizing the infrastructure of the travel industry in order to bring freedom, simplicity, and trust to travelers everywhere. Our groundbreaking Travel-as-a-Service platform revolutionizes travel for corporations and consumers, modernizes how travel suppliers sell their inventory, and enables any company to provide the world’s best global travel experiences to their customers. To learn more, visit spotnana.com.

James Dean, press@expensify.com

Savannah Lee, press@spotnana.com

Source: Expensify

FAQ

What is Expensify launching?

Expensify is launching Expensify Travel, a new travel platform in partnership with Spotnana.

What are the key features of Expensify Travel?

Expensify Travel offers extensive booking and management capabilities, real-time support, customizable rules, and the option to assign virtual travel cards to employees.

How will Expensify Travel benefit customers?

Customers will benefit from access to global travel inventory, lower fares, better servicing, and industry-leading self-service capabilities for managing flight changes, cancellations, and unused ticket credits.

When will Expensify Travel be available?

Expensify Travel will be rolling out in waves, and customers can join the priority list to try it first.

Who is the CEO of Expensify?

The CEO of Expensify is David Barrett.

Expensify, Inc.

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