Chrome river emburse9/14/2023 ![]() The goal with Emburse Spend is to “transform the corporate card from an executive status symbol into an everyday tool for teams.” It's aimed at employees who are "constantly" making small purchases, like software subscriptions, instead of expensing a few business trips a year. But in time, more of these corporate spend players are evolving into being both. In the increasingly crowded, and very competitive, corporate spend space, companies have either been predominantly subscription-focused or fee-based. Again, this is the opposite move Brex has made, which is diversifying its revenue base to include more subscriptions in addition to interchange fees. Today, Emburse is revealing its first product - called Emburse Spend - that relies on interchange fees rather than subscriptions. But now Emburse is making a big push into the SMB space and going head-to-head with fast-growing startups like Ramp and Brex - the latter of which started at the SMB end of the market and coincidentally today announced it’s making a big push into software and the enterprise space.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |