Expensify Adds Global Reimbursement Capabilities

Expense and payment app Expensify has expanded its employee reimbursement functionality to cover more than 200 countries in more than 150 currencies, the company announced.

To enable global reimbursement capabilities, businesses only need to link their local bank account, and Expensify will coordinate the payments, according to the company. There are no pre-funding requirements to make the reimbursements.

“Employees can work from anywhere these days and expect to be reimbursed quickly for out-of-pocket expenses regardless of where they live,” Expensify founder and CEO David Barrett said in a statement. “We have listened to these customers and now include global reimbursements for free in all paid Expensify plans.”

Expensify also has added the ability for businesses to link withdrawal bank accounts in Canada, the European Union, the United Kingdom and Australia, according to Expensify COO Anu Muralidharan.

Michael B. Baker www.businesstravelnews.com