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Spendesk raises $18m in Series B funding

Paris based spend management platform for SMBs raised $18m in Series B funding led by Eight Roads Ventures.

The company intends to use the funds to continue to expand operations and its business reach, as well as its product offering to provide budgetary control, spending insights, dashboards, and the ability for finance teams to temporarily limit employees from spending further if they haven’t submitted their receipts.

Tags

paris, smbs, banking, automation