Capital One Financial Corporation announced that it has entered into a definitive agreement to acquire Brex

Clara, the leading corporate expense management platform in Latin America, announces a $70 million structured debt financing from BBVA Spark, Covalto, and the International Finance Corporation (IFC). The capital will be used to accelerate the growth of Clara's corporate credit card and bill payment products as the company expands its operations in Mexico and Colombia. This financing complements its existing debt relationship with Goldman Sachs, with whom the company has been strengthening its partnership since 2022.

Extend, a leading artificial intelligence-powered spend and expense management platform, and PNC Bank, one of the nation's largest diversified financial services organizations, today announced new modern payment capabilities for PNC’s commercial clients. By enrolling their existing PNC Bank commercial cards, businesses can access Extend’s mobile and web platform—unlocking a full suite of digital tools to control, manage, and optimize business spend within minutes.

Mesh Payments (“Mesh”), a leader in travel and expense (T&E) management for modern enterprises, today announced a strategic collaboration with Peoples Trust Company, part of Peoples Group (“Peoples”), a federally regulated Canadian financial institution. This marks a significant milestone in Mesh’s global expansion, enabling the company to bring its unified travel and expense management platform to Canadian organizations with the regulatory foundation required to launch.

Mesh Payments (“Mesh”), the leading travel and expense (T&E) management platform for modern enterprises, announced today a strategic partnership with Brickell Travel, a full-service travel management company, part of the Talma Travel Solutions Portfolio. This collaboration aims to provide organizations with an integrated, technology-forward solution that streamlines corporate travel bookings and expense processes across global teams.

Tide announced a strategic investment from TPG to accelerate international expansion, and advance investment into agentic AI.

Extend, a leading spend and expense management platform, announced it has secured $20 million in additional capital

Ramp announced it surpassed $1 billion in annualized revenue and is generating operating cash flow

Payhawk announced IFRS revenue reached €23.4 million, up 85% year over year and nearly 4× the €5.9 million in 2022

Navan, the leading all-in-one business travel and expense management platform, today announced the appointment of Anré Williams to its Board of Directors, effective immediately. Williams, who most recently served as Chief Executive Officer of American Express National Bank and Group President of Enterprise Services at American Express, brings over 35 years of executive leadership experience and a track record of driving innovation in the financial services and business travel industries. Williams is currently Senior Executive Advisor at American Express.

Navan, the leading all-in-one business travel and expense management platform, announced a new integration with American Express that enables American Express U.S. Business and Corporate Card Members to instantly create unique virtual Cards for travel booked on the Navan Travel platform via Navan Connect.

Octane, Egypt’s leading digital platform for fleet and on-road expense management, has raised US $5.2 million in a funding round led by Shorooq, Algebra Ventures and Elsewedy Capital Holding.

Payhawk, a platform offering an expense management solution for businesses in 32 countries, has signed a strategic partnership with Novutech, a consulting firm specialising in digital transformation for businesses across Europe and a NetSuite expert. This collaboration is part of a shared commitment to provide customers with more integrated, automated and efficient expense management solutions.

In a bold step towards redefining employee mobility, issuer processing powerhouse Enfuce has announced a strategic partnership with Shuttel, a leading provider of mobility-focused expense management and employee benefit solutions backed by Volkswagen Financial Services and Pon.

Keep, Canada's first all-in-one financial platform built exclusively for small businesses, today announced $76 million in new funding as it emerges from stealth mode