Strong Revenue Growth:
Revenue is rising at a reported 48% in 2025, with annualized revenue surpassing $300 million and nearing $400 million by August 2026. These figures indicate rapid scaling at a substantial revenue base.
Product Line Growth:
The platform has expanded beyond business travel into expenses, invoices, corporate spending, and events, reinforced by the Yokoy acquisition. This broader offering increases opportunities to sell additional services to existing customers.
Market Expansion:
Geographic reach is widening, including the U.S. launch of Perk Spend and growth initiatives that made the U.S. account for about 30% of global new business. Additional international moves, such as new offices, support continued growth outside the core markets.