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Divvy, the Utah based provider of spend and expense management technology, and Credit Suisse, the Swiss banking giant, announced a purchase agreement that gives Credit Suisse the ability to buy up to $500m in Divvy receivables over the next two years.
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Divvy modernizes the way companies manage spending by fusing financial management software with a smart corporate card. Trusted by more than 3,000 companies, Divvy gives financial leaders real-time visibility into the spending within their organization.
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