Press Release: Expend announces Xero partnership & multi-user support

Expend, a leader in simplifying company spending and a rising star on the London fintech scene

 is celebrating significant milestones in automating expenses ahead of its next round of funding.

Expend successfully launched its Xero partnership and class-leading real-time Xero integration at Xerocon London 2017. The level of interest generated at Xero's annual flagship event (with over 300 visitors to the stand) persuaded Expend to go one stage further and extend its closed beta for their much-anticipated multi-user support for businesses, accountants and bookkeepers, and our accompanying Android app."

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Due to this success, hundreds of companies are joining Expend’s exclusive waiting list for Expend’s open beta for multi-user management, joining thousands of iOS users who already use Expend and its smart company Mastercard solution to manage their expenses. Update: Multi-user admin dashboard and Android app officially launched in December 2017.

“We’ve learnt a huge amount from our iOS users and through working with strategic partners such as Xero, accounting partners, and carefully selected businesses, we are now ready to launch a number of new features that our customers have requested.”  Johnny Vowles, co-founder and CEO at Expend.

“The Xero partnership has come at a significant time for Expend with the launch of these new complimentary features. Xero continues to solve accounting issues for the masses with their innovative approach and our partnership with Xero. We are now able to take their expenses management solutions to a level and speed not seen before.” continued Mr Vowles.

Edward Berks, director of sales, banking, fintech & ecosystem at Xero. "Our new partnership with Expend provides Xero customers and their accountants with a creative solution for managing company spending. The real-time integration it enables frees up valuable time that can be spent on growing the business rather than processing expenses."

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Expend at Xerocon Some of the Expend team at Xerocon. From left to right: Colin, Rudolph, Alex, Lewis, Johnny and Samuel

 

In a recent interview, Alex Burbidge, lead developer on the Xero integration said “The real-time integration is really exciting… and quite tricky to build, because things can happen at any point with the movement of money, an example being fluctuations in foreign exchange.”

”Thankfully our software is robust enough to handle all of that and with the excellent support of the Xero API team, we were able to create the level of integration that exceeded the expectations of both Expend and Xero users.” continued Alex.

When Expend is synced with Xero, this real-time solution offers a powerful integration that gives companies real-time insight into company spending.

Expend’s multi-user dashboard also allows companies to invite new team members, view team transactions and lock cards to reduce errors, fraud and much more, whilst providing the fluid movement of funds between teams and cards in seconds.

Ahead of the next round of funding, Johnny Vowles added “Given the recent success and surge of interest in our class-leading expenses management solution, we’re excited to announce our next round of funding. The objective is to capitalise further on recent advances, fuel our continuing growth and cement our proud position amongst the leaders in UK fintech scene. We invite investors to contact us via investors@expend.io for more information.”

The Expend Difference - Xero

About Expend:

Expend is a leader in simplifying company spending and a rising star on the London Fintech scene. Following Expend’s success in making expenses easy for Freelancers and Sole Traders on iOS, Expend now offers enhanced expense management capabilities to companies, Accountant and Bookkeepers via a suite of a multi-user management dashboard, plus Android and iOS apps.

About Xero:

Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has over one million subscribers in more than 180 countries, with more than 250,000 of those in the UK. Xero seamlessly integrates with over 600 apps and took home a record number of UK industry awards in 2016, including Client Software Product of the Year at the British Accountancy Awards and Technology Provider of the Year at the British Small Business Awards.

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