What is MobileXpense NV/SA?
MobileXpense NV/SA is a prominent provider of global Travel Expense Management solutions, offering flexible SaaS platforms designed to streamline expense reporting for business travelers, HR, and accounting departments. The company caters to multinational corporations requiring international roll-outs with strict adherence to country-specific tax and legal regulations. Through its brands Declaree and Expense, MobileXpense also serves Small and Medium-sized Enterprises (SMEs). With a customer base of 3,000 organizations across diverse industries and over 1.7 million end-users in more than 100 countries, MobileXpense aims to reduce business travel costs for its clients, which include notable names like Canon, UCB, Panalpina, and the Dutch government.
How much funding has MobileXpense NV/SA raised?
MobileXpense NV/SA has raised a total of $23.7M across 1 funding round:
Private Equity
$23.7M
Private Equity (2017): $23.7M with participation from Fortino Capital
Key Investors in MobileXpense NV/SA
Fortino Capital
Fortino Capital is a venture capital and growth equity firm specializing in B2B software. With a strong international network and entrepreneurial experience, they focus on helping European SaaS companies achieve rapid and sustainable scaling.
What's next for MobileXpense NV/SA?
The substantial enterprise-level backing positions MobileXpense NV/SA for accelerated growth and market penetration. This strategic investment will likely enable the company to enhance its technological capabilities, expand its global reach, and potentially pursue strategic acquisitions. The focus on regulatory compliance and multinational support suggests a continued emphasis on serving large enterprises, while the dual-brand strategy indicates an ongoing commitment to the SME market. Future developments may include further integration of AI for automated expense processing and enhanced analytics for cost optimization.
See full MobileXpense NV/SA company page
