Extend, a spend and expense management platform, has successfully raised $20 million in funding to enhance its growth and launch a paid SaaS offering. The investment round, featuring both debt and equity, was led by B Capital and will also aid in scaling issuer partnerships. With a focus on integrating technology for virtual cards and expense management, Extend aims to reshape the corporate card market while striving for profitability.
+ extend
funding ✓
fintech ✓
expense-management ✓
virtual-cards ✓