Expense Management

News / Online

American Express GBT will go public via SPAC at $5.3B valuation

By Mitra Sorrells | December 3, 2021

The transaction, expected to close in the first half of 2022, is expected to provide up to $1.2 billion of gross proceeds, of which $335 million is fully committed from new investors including... Read More

News / Technology

TravelBank acquired by U.S. Bancorp

By Kevin May | November 17, 2021

U.S.-based TravelBank, a member of the PhocusWire Hot 25 Travel Startups for 2020 collection, is a travel and expenses management platform. Read More

News / Online

Lola team finds home at Capital One

By Linda Fox | October 11, 2021

Lola's management say credit card and membership service Capital One is the "ideal place to continue the journey." Read More

News / Startups

Troop attracts travel industry luminaries with $8M investment

By Linda Fox | September 30, 2021

Meeting management startup Troop plans to use the funding to speed up product development and integrations. Read More

News / Startups

Corporate travel startup backed by Concur founder launches with $41M raised

By Mitra Sorrells | September 23, 2021

Spotnana uses a cloud-based, API-friendly platform to provide unbundled travel services and automation to global corporations and travel companies. Read More

News / Technology

Travel innovation "faceoff" brands unveiled for Business Travel Show

By PhocusWire | September 13, 2021

The companies will present their services in series of head-to-head battles at the in person event, which takes place later this month. Read More

News / Startups

Portside raises $17M to grow cloud-based business aviation tech

By Jill Menze | May 24, 2021

Founded in 2018, Portside helps aviation management companies, aircraft owners, corporate flight departments and fractional operators streamline their digital data operations. Read More

News / Technology

Coupa acquires Pana business travel platform

By Kevin May | March 22, 2021

The deal is the second in the travel sector in recent years for U.S.-based Coupa after its deal to buy Yatra in January 2020. Read More

News / Technology

Emburse expands portfolio with acquisitions of Roadmap and DVI

By Mitra Sorrells | March 16, 2021

In addition to Roadmap and DVI, Emburse includes Chrome River, Certify, Abacus, Captio, Nexonia and Tallie. Read More

News / Technology

TravelTech Show scheduled for September global marathon

By PhocusWire | March 4, 2021

The organizers believe that by this time the industry will be well on the road to recovery and the community will be ready to come together to share ideas and explore new ways of working towards... Read More

News / Online

TripActions snags additional $155M, valuation now $5B

By Mitra Sorrells | January 21, 2021

TripActions CEO Ariel Cohen says investors came to him toward the end of 2020 due to the company’s “execution in terms of taking market share.” Read More

News / Startups

Expense management software SalesTrip raises $1.4M for U.S. expansion

By Jill Menze | January 14, 2021

London-based SalesTrip will use the funds to scale operations in the United States, continue to build out product integrations and increase demand across key markets. Read More

News / Online

TravelPerk expands U.S. presence with NexTravel acquisition

By Jill Menze | January 13, 2021

Barcelona-based travel management platform TravelPerk has acquired business travel platform NexTravel - its second acquisition to date. Read More

Opinion / Online

Four trends that will shape business travel in 2021

By Alex Kaluzny - Egencia | December 30, 2020

For C-suites and travel managers, acknowledging and adapting to these trends will be an essential part of building traveler confidence and reintroducing in-person meetings. Read More