Zevoy has just bagged €15 million in a Series A round led by Blossom Capital. Investors Maki.vc and Brightly Ventures also took part. Founded in August 2020, Zevoy wants to shake up the expense management sector, bringing something to the market that is simple, smart, seamless, and efficient. The Finnish startup offers an all-in-one expense management solution that links smart payment cards to efficient expense management software, saving companies time and money and improving employee satisfaction.
Already, at lightning speed, the fintech firm has hammered together FSA approvals, as well as gained Visa Principal Membership and launched an all-in-one Visa card running on Zevoy ecosystem. Zevoy is also expecting to secure a Credit Institution license in 2022 and already offers both credit and prepaid options, compared to its competitors that only offer the prepaid option. With this fresh funding, the fintech wants to bring its new-generation offering across Europe, with plans to launch in 8 new markets during Q2 of 2022 – with the aspiration to become Europe’s leading expense management solution.