“It’s all rooted in the vision of building a one-stop corporate spend platform,” said the founder and CEO of Fenbeitong, Henry Lan. “To achieve that, we partnered with airlines, hotels, rideshare platforms, and dining platforms to create a seamless travel management experience, invested heavily in building the budgeting and expense control solutions that work for companies in China, and cooperated with multiple banks to set up one-for-all digital accounts.

https://www.businesswire.com/news/home/20220216006319/en/Fenbeitong-Hits-Unicorn-Status-Raising-140M-Series-C-Led-by-DST