TripActions partners with Stripe for European launch
TripActions, an all-in-one travel, corporate card, and expense management solution, has launched TripActions Liquid in Europe, in partnership with Stripe.
TripActions Liquid comes to Europe
The paytech says TripActions Liquid is “the first – and only – fintech-powered travel and expense management offering that can support card issuance in multiple currencies”.
In addition to Stripe, TripActions also works with Plaid, Modern Treasury, and Visa as it aims “to replace legacy, disparate travel and expense (T&E) solutions, completely revolutionising the entire T&E stack”.
TripActions Liquid offers physical and virtual corporate smart cards (issued by Stripe in USD, EUR, or GBP) and comes with pre-set policies, thus reducing reporting hours up to 66% and reconciliation time up to 95%, according to the vendor.
It also provides spend controls, rapid reimbursements, automatic approval workflows, a mobile receipt scanner, personal card import, calendar sync, automated reconciliation, and spend reporting.
TripActions was founded in 2015 and is based in California, US. It claims 5,000+ customers worldwide.
Earlier this year, the company announced its Series F funding of $275 million, bringing its valuation to $7.25 billion. In early 2020, it landed a $500 million credit facility from a trio of US banks.
