Extend Secures $140M in Series C Funding to Revolutionize Business Spend Management

Extend, a leading spend management platform that transforms business credit cards into powerful financial tools, is proud to announce a successful funding round, raising an impressive $140 million. Founded in 2017 by industry veterans hailing from American Express, Capital One, and other notable Fortune 500 companies, Extend has rapidly gained a reputation for empowering thousands of organizations to take control of their spending. With this latest investment, Extend aims to enhance its platform further, providing companies with deeper insights and an even more streamlined payment process. This substantial funding will also bolster Extend's capabilities in managing billions of dollars in transactions, ensuring that businesses can easily integrate their trusted financial partners without compromise. By equipping organizations with robust controls and analytics, Extend enables teams to make informed spending decisions, thereby maximizing their financial resources. The new investment will facilitate product enhancements, broaden market reach, and support innovation, all of which are critical in today’s fast-paced business environment. As Extend continues to grow and evolve, it remains committed to helping businesses achieve more and manage their spending smarter. For further information on how Extend is revolutionizing the way organizations think about their business credit cards, visit paywithextend.com.