Expensify Opens New Office in United Kingdom, Expands Services for European Companies

Recently named one of Forbes’ hottest startups of 2015, Expensify announces European and a UK based-team; All new European companies who sign up for Expensify before June 2016 will be able to use the company’s expense reporting software for free for the rest of the year

SAN FRANCISCO & LONDON--()--Today, Expensify, the fastest growing expense reporting software worldwide, announced that the company has opened a new office in London and is expanding their services throughout Europe. Expensify also announced that any new European-based customers who sign up for Expensify before May 31, 2016 will be able to use the company’s entire suite of expense reporting services for the rest of the year at no cost.

"Expensify has revolutionized the expense management space in the US, “ said David Barrett, founder and CEO of Expensify. “The UK is a hotbed for the growing financial tech sector, so London was an obvious choice for our international expansion. Our UK team is looking forward to bringing on many new clients and better serving the nearly 1000 existing UK Expensify customers."

Named one of the hottest startups of 2015 by Forbes and a Top 10 Most Innovative Company by Fast Company, Expensify takes the time, headaches, and paper out of expense reports with an easy-to-use mobile and web app that streamlines the expense process from first receipt to reimbursement. The app features a patented, industry-leading SmartScan technology that eliminates manual entry of receipt information, integrations with all major accounting packages, company and personal credit card import, and more to simplify expense reports for both employees and accountants.

Expensify’s technology integrates with Xero, a worldwide leader in cloud accounting software and was one of the first American technology companies to integrate with Xero after their U.S. launch.

Gary Turner, managing director of Xero, comments on how pleased he is to see Expensify expand to the UK market to service Europe's small businesses. "At the click of a button, customers using Expensify and Xero will see their expenses flow directly into the accounting platform – saving time and avoiding data entry mistakes.

We will continue to champion any innovation that makes the Xero user experience easier, so that small business owners can get on with growing their business,” Turner adds.

Last year, Apple Inc. chose Expensify to be part of their mobility partnership program, joining a select group of leading business software and solution providers, including Xero, who are working closely with Apple to bring a broad range of innovative mobile solutions to iOS customers.

For more information about Expensify visit: expensify.com/uklaunch

About Expensify:

Since 2008, Expensify has been the innovation leader in automated expense management, starting with the introduction of its patented mobile receipt transcription technology SmartScan (Patents #US8861861, #9196006), which has since become an industry standard. Expensify continues to set the industry by delivering best-in-breed expense management to companies around the world and wants to work with you too!

About Xero:

Xero is beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 600,000 subscribers in more than 180 countries. Xero seamlessly integrates with over 450 thirdparty tools, and was ranked No. 1 by Forbes as the World's Most Innovative Growth Company in 2014 and 2015.

Contacts

Expensify
Max Wertheimer, 415-302-1584
max.wertheimer@expensify.com

Contacts

Expensify
Max Wertheimer, 415-302-1584
max.wertheimer@expensify.com