Expensify, Inc.
UnclaimedExpensify is a global expense management platform that helps organizations simplify spend, travel, invoicing, and reimbursements.
Overview
Expensify, Inc. operates a cloud-based expense management platform that helps individuals and organizations track, approve, and reimburse expenses; automate travel-related spend and reporting; handle invoicing and bill processing; and integrate with leading accounting and financial systems. Serving finance teams, accountants, business owners, and employees, Expensify emphasizes compliance, efficiency, and data-driven spend insights to streamline financial workflows and reduce manual administrative work.
Mission statement
To simplify and automate the management of business expenses, empowering organizations to control spend and improve financial efficiency.
What we offer
Expensify Platform
Streamline expense management and reporting for organizations with a comprehensive platform.
www.expensify.com/Expensify Wallet
Easily transfer and manage funds with the Expensify Wallet.
www.expensify.com/expensify-payments-wallet-terms-of-servicePayroll Service
Streamline payroll management with automated calculations, processing, and tax handling.
www.expensify.com/payrolltermsMarket segments
Market size by segment
Growth potential (CAGR)
Travel and expense management
Capture, integrate, and reconcile travel spend and expense reporting to enforce policy, control costs, and streamline reimbursement workflows.
Card issuing and corporate card programs
Create and manage virtual and physical card programs with instant provisioning, spending controls, and transaction insights.
Accounts payable automation
Capabilities to automate invoice capture, matching, bill processing, and payments to accelerate payables and reduce manual AP work.
Payroll and payroll tax compliance
Payroll processing and administration with tax filing support, payroll accuracy controls, and timely payment execution to ensure compliance and reliability.
Payments and Stored Value Management
Payment and currency services that provide local currency pricing, foreign exchange management, and stored-value programs for purchases and redemptions.
More information about our offering
Expensify Platform
Expensify is a cloud-based expense management platform that helps organizations track, approve, and reimburse expenses, automate travel spend and reporting, handle invoicing and bill processing, and integrate with leading accounting and financial systems.
- Automate Expense CategorizationUtilize advanced AI technologies to streamline expense management, minimizing errors and enhancing compliance with set policies.
- Automate Expense ReportsEffortlessly manage the full cycle of expense reporting from submission to reimbursement with real-time accounting integration.
- Facilitate Global PaymentsEnsure timely and efficient reimbursement processes for international teams, flexible in local currencies.
- Connect with Leading SoftwareEnhance your expense workflow by integrating seamlessly with over 45 popular accounting and financial management systems.
- Streamline Travel BookingsEasily manage all travel arrangements directly through the platform, automatically linking them to expense reports.
- Link Existing Corporate CardsSeamlessly integrate existing corporate credit cards into the platform for automatic expense reconciliation without changing banking arrangements.
- Earn Cash Back And Control SpendingMaximize savings through cash back rewards on eligible purchases made using the Expensify Visa Card while effectively managing and controlling card usage.
- Manage Expenses AnywhereEnable users to submit and review expenses from any location using a robust mobile application.
- Capture Receipts InstantlyUtilize advanced scanning technology to automatically extract data from receipts for quick processing and submission.
- Issue Virtual Cards On-DemandEmpower teams with the flexibility of virtual cards that can be issued instantly for various spending needs.
- Quick Approval ProcessExperience a fast, efficient expense report approval system that checks compliance and matches receipts automatically.
- Categorize All ExpensesEfficiently manage and categorize all expenses for both personal and business use, ensuring compliance for tax purposes.
Expensify Wallet
The Expensify Wallet is a stored-value account provided by Expensify Payments LLC; funds are held in the wallet and can be used to transfer funds via Expensify's peer-to-peer service; wallets can be funded by linked bank accounts or debit cards.
- Send Funds InstantlyEasily make quick, hassle-free payments to anyone with an Expensify Wallet, enhancing financial transaction efficiency.
- Manage Funds SecurelyKeep your funds stored securely in a digital wallet that can be accessed anytime, ensuring easy fund management.
- Easily Fund Your WalletAdd funds to your Expensify Wallet seamlessly from your bank account or debit card, ensuring quick access to your money.
- Withdraw Your Funds QuicklyEasily transfer funds from your wallet back to your bank account or debit card without hassle.
- Track All TransactionsKeep an eye on your expenses and funds by tracking all transactions made through your Expensify Wallet.
Payroll Service
Expensify Payroll Service provides payroll calculation, processing, and payroll tax payments and filings for Corporate Members and Members as part of the Expensify service.
- Automate Payroll CalculationsEnsure accurate payroll calculations that reduce errors and compliance risks, making payroll management seamless and reliable.
- Process Employee PaymentsEfficiently process and distribute payroll payments to employees on time, enhancing employee satisfaction and trust.
- Automate Tax PaymentsManage payroll tax liabilities with automated payments and filings, ensuring compliance and reducing the risk of penalties.
References
Methodology and sourcing behind the market figures shown above.
Travel and expense management
Estimate based on sector-specific market research for Travel & Expense (T&E) software. KBV Research reports a T&E market of USD 3.47B (2023) with a 14.9% CAGR; broader “expense management” reports show larger aggregates (MRFR: USD 8.18B in 2025, 10.9% CAGR) and a narrower corporate-travel-only figure (MarketResearchIntellect: USD 1.34B in 2025, 12% CAGR). I selected KBV’s T&E-specific figure as the primary basis because it directly matches the defined segment; MRFR and MarketResearchIntellect were used to show scope variance and growth-range context.
- 2023 3.47 Billion 2031 10.33 Billion CAGR 14.9%.
- The Expense Management Software Market reached USD 8.18 billion in 2025 and is on course to hit USD 23.03 billion by 2035.
- The Corporate Travel Expense Management Solutions Market was valued at USD 1.34 Billion in 2025 and is projected to reach USD 4.17 Billion by 2035, CAGR of 12%.
Card issuing and corporate card programs
Primary estimates derived from market reports for the commercial/corporate card market: Coherent Market Insights estimates ~USD 47.7B in 2026 with ~7.5% CAGR; IndustryResearch provides a similar 2026 base (~USD 47.7B) and ~7% CAGR to 2035. Juniper Research shows the narrower modern card-issuing platforms subset is much smaller (USD 1.8B transaction value in 2025 to USD 4.2B in 2030), indicating platform-level opportunity within the larger corporate card market.
- estimated to be valued at USD 47.7 Bn in 2026 and is expected to reach USD 76.6 Bn by 2033, growing at a compound annual growth rate (CAGR) of 7.5%.
- forecast to expand from USD 47687.66 million in 2026 to USD 87589.84 million by 2035, growing at a CAGR of 6.99%.
- $1.8bn total transaction value in 2025; $4.2bn total transaction value in 2030 (129% growth 2025 to 2030).
Accounts payable automation
Primary estimate uses The Business Research Company report in the search results (accounts payable automation market size $5.42B in 2025, expected to grow to $14.38B by 2030 at a 21.6% CAGR). A secondary source (Mordor Intelligence via Factura.ai) projects ~$6.17B in 2025 with a lower CAGR (~12.44% through 2031); the Business Research Company projection is used as the principal estimate while noting alternate forecasts.
Payroll and payroll tax compliance
Estimates reconcile multiple reported markets in the provided results: specific “payroll compliance services” figures (~$5.2B in 2024) and broader payroll software/cloud-payroll figures ($8.1B in 2024; $14.9B in 2026) and tax-management market sizing. Payroll and payroll-tax compliance is a narrower subsegment (covers tax filing, notice handling, remittances) of payroll software and tax-management markets; taking the midpoint of available payroll-specific figures and weighting toward higher cloud/adoption growth yields an estimated market size of ~$6.5B (approx. 2024) and growth potential around 9.0% CAGR, consistent with listed payroll/cloud payroll CAGRs (≈9–11%).
- 2024 Market Size$ 8.1 Billion; CAGR (2025 - 2035)11.22%.
- global cloud based payroll software market size is projected to rise from US$14.9 Bn in 2026 to US$28.2 Bn by 2033; CAGR of 9.6%.
- 2024 Market Size: USD 22.31 Billion; 2025 Projected Market Size: USD 24.52 Billion; CAGR (2025-2030) 6.3%.
- anticipated to expand from 5.2 billion in 2024 to 11.3 billion by 2033 at a CAGR of 9.2%.
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# Expensify, Inc. *Also known as Expensify* - Website: https://www.expensify.com - AI agent profile: https://nowen.ai/agents/expensify-com > Expensify is a global expense management platform that helps organizations simplify spend, travel, invoicing, and reimbursements. Expensify, Inc. operates a cloud-based expense management platform that helps individuals and organizations track, approve, and reimburse expenses; automate travel-related spend and reporting; handle invoicing and bill processing; and integrate with leading accounting and financial systems. Serving finance teams, accountants, business owners, and employees, Expensify emphasizes compliance, efficiency, and data-driven spend insights to streamline financial workflows and reduce manual administrative work. **Mission:** To simplify and automate the management of business expenses, empowering organizations to control spend and improve financial efficiency. ## Products & Services ### [Expensify Platform](https://www.expensify.com/) *Platform* Streamline expense management and reporting for organizations with a comprehensive platform. - **AI-powered expenses** — Automate Expense Categorization - **Expense Management** — Automate Expense Reports - **Global Reimbursements** — Facilitate Global Payments - **Integrations** — Connect with Leading Software - **Travel Management & Travel Platform** — Streamline Travel Bookings - **Bring Your Own Cards (BYOC)** — Link Existing Corporate Cards - **Expensify Card & Expensify Visa Commercial Card** — Earn Cash Back And Control Spending - **Mobile App** — Manage Expenses Anywhere - **Receipt Scanning** — Capture Receipts Instantly - **Virtual Cards** — Issue Virtual Cards On-Demand - **Expense Reports** — Quick Approval Process - **Track Expenses** — Categorize All Expenses ### [Expensify Wallet](https://www.expensify.com/expensify-payments-wallet-terms-of-service) *Product* Easily transfer and manage funds with the Expensify Wallet. - **Peer-to-peer payments** — Send Funds Instantly - **Stored-value wallet** — Manage Funds Securely - **Wallet funding** — Easily Fund Your Wallet - **Withdrawals** — Withdraw Your Funds Quickly - **Transaction tracking** — Track All Transactions ### [Payroll Service](https://www.expensify.com/payrollterms) *Service* Streamline payroll management with automated calculations, processing, and tax handling. - **Payroll Calculation** — Automate Payroll Calculations - **Payroll Processing** — Process Employee Payments - **Tax Payments and Filings** — Automate Tax Payments ## Market Segments - **Travel and expense management** (market size $3.5B, CAGR 14.9%): Capture, integrate, and reconcile travel spend and expense reporting to enforce policy, control costs, and streamline reimbursement workflows. - **Card issuing and corporate card programs** (market size $47.7B, CAGR 7.5%): Create and manage virtual and physical card programs with instant provisioning, spending controls, and transaction insights. - **Accounts payable automation** (market size $5.4B, CAGR 21.6%): Capabilities to automate invoice capture, matching, bill processing, and payments to accelerate payables and reduce manual AP work. - **Payroll and payroll tax compliance** (market size $6.5B, CAGR 9%): Payroll processing and administration with tax filing support, payroll accuracy controls, and timely payment execution to ensure compliance and reliability. - **Payments and Stored Value Management**: Payment and currency services that provide local currency pricing, foreign exchange management, and stored-value programs for purchases and redemptions.
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