Medius Acquires Corporate Expense Management Startup Expensya

Key Points

• Medius has acquired the corporate expense management startup Expensya to enhance its service offerings.
• The acquisition aims to combine Expensya's AI-driven expense management solutions with Medius's accounts payable automation.
• Medius and Expensya together serve clients in over 100 countries, significantly expanding their global reach.

Summary

Medius, a provider of accounts payable automation software, has acquired the Tunisia-based corporate expense management startup Expensya. The acquisition, whose terms were undisclosed, aims to enhance Medius's service offerings by integrating Expensya's AI-driven expense management solutions. With over 10,000 clients combined, the merger significantly expands Medius's global reach and capabilities.