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Expensify Expands Global Support for Company Cards, Languages, Billing, and Reimbursements

1. Expensify expands support for corporate cards from 10,000+ banks globally. 2. New platform includes multilingual support and Euro-based billing features. 3. Global reimbursement enables transactions in multiple currencies and countries. 4. The Expensify Card beta is now live in the UK and EU.

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Why Bullish?

The expansion indicates strong potential revenue growth. Similar strategies led to higher stock prices for other fintech companies like Square after international launches.

How important is it?

The global expansion directly enhances Expensify's offerings, likely boosting customer acquisition and retention.

Why Long Term?

These enhancements solidify Expensify's positioning in global markets, promising sustained growth over time as user engagement increases.

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-The financial superapp now supports corporate cards from thousands more banks worldwide, alongside a handful of other major international upgrades PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), the financial management superapp for expenses, travel, and corporate cards, today announced a sweeping expansion of international support across its platform. The launch includes support for corporate card import from 10,000+ more banks worldwide, multilingual capabilities, Euro-based billing, international reimbursements in New Expensify, and beta access to the Expensify Card across the UK, EU, and soon Canada. These updates mark a milestone in Expensify’s global strategy, enabling businesses across the world to manage expenses and cards faster and more seamlessly than ever before—all within a single platform. “Now, companies everywhere can handle expenses, cards, reimbursements, and more — entirely within Expensify,” said David Barrett, founder and CEO of Expensify. Highlights of today’s international expansion: Expanded company card support with 10,000+ new banks around the world integrated for seamless import and reconciliation Language localization beyond English and Spanish in New Expensify, with support for 10 more languages including French, German, Italian, and Japanese Euro-based billing, so members can pay for their Expensify subscriptions in Euros (in addition to USD, GBP, AUD, and NZD) Global reimbursement support to withdraw from business bank accounts in USD, CAD, GBP, EUR & AUD, and deposit into bank accounts in (almost) any country — right in New Expensify Expensify Card beta now live in the UK and EU, with Canadian support on the way “This is a big day. It's no exaggeration to say everything we've done for years has been in preparation for this — bringing you the fastest way to do your expenses, anywhere in the world.” Barrett added. Members can opt into relevant betas by contacting their account manager or reaching out to concierge@expensify.com. About Expensify Expensify helps 15 million people worldwide track expenses, book travel, reimburse employees, manage corporate cards, send invoices, and pay bills — all in one place. Whether you’re self-employed, running a small business, managing a team, or overseeing global finances, let Expensify handle your travel and expense, at the speed of chat. Forward-Looking Statements Certain statements made in this press release constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the launch, success and expected benefits of Expensify’s global expansion efforts. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Expensify’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in Expensify’s filings with the SEC, including Expensify’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law. More News From Expensify, Inc.

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