AccountsIQ acquires expense management provider ExpenseIn.

16th January 2025
Ireland’s AccountsIQ has acquired UK-based expense and invoice management software provider ExpenseIn to broaden its offerings beyond finance teams and cater to a wider range of business users. The financial details of the transaction have not been disclosed.
Founded in 2015, ExpenseIn operates a cloud-based platform that streamlines business expense submission, approval, and reporting. The platform, which supports invoice management, receipt scanning, and automated policy compliance, is used by businesses in over 40 markets worldwide, including TopCashback and Corpay.

As part of the acquisition, ExpenseIn, along with its 30-strong team, will continue to operate under its current brand as a subsidiary of AccountsIQ. The company assures customers and partners that there will be no disruption to services.

AccountsIQ said the acquisition aligns with its strategy to expand its offerings and reach with a multi-product solution that includes spend card management and embedded payments. With the addition of ExpenseIn, AccountsIQ now supports over 350,000 customers with financial management software and plans to continue growing its team and investing in product innovation.

Darren Cran, CEO of AccountsIQ, noted that the two companies have shared a growing number of joint customers in recent years, and the acquisition strengthens AccountsIQ’s position among mid-market finance teams.

AccountsIQ, based in Dublin, secured a €60 million Series C investment in June, backed by Axiom Equity, following a €5.8 million investment from Finch Capital in 2021.