Paris-based fintech startup Spendesk, an all-in-one corporate expense and spend management service, has raised €35M in a Series B round led by Index Ventures. With this round, the company has so far raised €45M.
What Spendesk intends to do with the €35M funding?
The company is planning to utilise the latest funds to develop its product by including features like smart analytics, support for more international currencies, wire transfers, and strategic partnerships with complementary services such as TravelPerk.