b2b-daily
Home | FinTech | Digital Lending / Digital Payments

Spendesk Launches Financial Services Division with Visa Partnership

Avatar photo
by Mikhail Hamilton
December 3, 2024
Spendesk Launches Financial Services Division with Visa Partnership

Spendesk, a French FinTech company known for its innovative spend management platform, has taken a significant step forward by launching a new financial services division, Spendesk Financial Services, in collaboration with Visa. This new division is powered by a license from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), which grants Spendesk complete control over its payment services infrastructure. The primary goal of this initiative is to provide European SMEs and mid-market companies with a more streamlined and centralized payment management solution, enhancing efficiency and visibility across their financial operations.

Initially established as a SaaS spend management platform, Spendesk has been providing finance teams with tools that offer full visibility and control over company expenditures. This system ensures that every purchase is accountable, linking it to a person, project, or budget. Such capability is particularly appealing to mid-market companies looking for transparency and accountability within their financial operations. Spendesk’s considerable achievements, highlighted by its attainment of unicorn status in 2022 following a €100 million Series C funding round, have set the stage for this latest expansion into the financial services sector.

With the introduction of Spendesk Financial Services, the company is leveraging its partnership with Visa to offer enhanced features such as account management, physical and virtual business cards, and payment transfers. This strategic collaboration aims to enhance Spendesk’s core offerings while centralizing operational processes, allowing for the rapid integration of new features. Stéphane Dehaies, the president of Spendesk Financial Services, notes that this development enables faster innovation and better responsiveness to the evolving needs of European SMEs and mid-market companies. By taking control of its payment infrastructure, Spendesk positions itself to deliver superior services and bespoke solutions tailored to its clients’ requirements.

Business StrategyMoney ManagementStartup

Explore more

Is Fairer Car Insurance Worth Triple The Cost?
December 19, 2025

A High-Stakes Overhaul: The Push for Social Justice in Auto Insurance In Kazakhstan, a bold legislative proposal is forcing a nationwide conversation about the true cost of fairness. Lawmakers are advocating to double the financial compensation for victims of traffic accidents, a move praised as a long-overdue step toward social justice. However, this push for greater protection comes with a

Insurance Is the Key to Unlocking Climate Finance
December 19, 2025

While the global community celebrated a milestone as climate-aligned investments reached $1.9 trillion in 2023, this figure starkly contrasts with the immense financial requirements needed to address the climate crisis, particularly in the world’s most vulnerable regions. Emerging markets and developing economies (EMDEs) are on the front lines, facing the harshest impacts of climate change with the fewest financial resources

The Future of Content Is a Battle for Trust, Not Attention
December 19, 2025

In a digital landscape overflowing with algorithmically generated answers, the paradox of our time is the proliferation of information coinciding with the erosion of certainty. The foundational challenge for creators, publishers, and consumers is rapidly evolving from the frantic scramble to capture fleeting attention to the more profound and sustainable pursuit of earning and maintaining trust. As artificial intelligence becomes

Use Analytics to Prove Your Content’s ROI
December 19, 2025

In a world saturated with content, the pressure on marketers to prove their value has never been higher. It’s no longer enough to create beautiful things; you have to demonstrate their impact on the bottom line. This is where Aisha Amaira thrives. As a MarTech expert who has built a career at the intersection of customer data platforms and marketing

What Really Makes a Senior Data Scientist?
December 19, 2025

In a world where AI can write code, the true mark of a senior data scientist is no longer about syntax, but strategy. Dominic Jainy has spent his career observing the patterns that separate junior practitioners from senior architects of data-driven solutions. He argues that the most impactful work happens long before the first line of code is written and