FinovateEurope 2014 / Cardwise
Presenter Profile:
How they describe themselves: Cardwise helps companies make expenses visible and creates innovative tools to take control, with Xpenditure as their flagship product. Xpenditure is a cutting edge expense management tool making use of scanning & smart reporting flows, mainly marketed via integrated & value added partnerships with banks, accounting solutions and payroll companies.
How they describe their product/innovation: Xpenditure is a web based expense management solution that eliminates expense reports for a company. By automating all steps of the expense management process and making use of receipt scanning and integrated approval on the level of expense, Xpenditure makes it possible to manage all daily costs without creating ordinary expense notes – all without long and expensive implementation costs.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev.: Wim Derkinderen, CCO & Co-Founder, wim@xpenditure.com
Press: Boris Bogaert, CEO & Co-Founder, boris@cardwise.com
Sales: Vicky Boeckx, Sales Representative, vicky@xpenditure.com
Website: xpenditure.com
Blog: news.xpenditure.com
Twitter: @xpenditure
HQ: Mechelen, Belgium
Founded: April 2011
Product Demoed: Xpenditure
Product Launch: February 2013
Metrics: €1.8M in Funding (Angel), 15 Employees, €1.3M in revenue for 2013
Presenters: Wim Derkinderen (CCO & Co-Founder), Koen Christiaens (Head of Product)
- Key Executives
Boris Bogaert (CEO & Co-Founder), Wim Derkinderen (CCO & Co-Founder)
Key Stats
- Key Board Members
Toon Coppens (CTO & Co-Founder, Massive Media – Twoo.com), Lorenz Bogaert (CEO & Co-Founder, Massive Media – Twoo.com), Jonas Dhaenens (CEO & Founder, Combell & Unitt)
- Key Investors
Toon Coppens (CTO & Co-Founder, Massive Media – Twoo.com), Lorenz Bogaert (CEO & Co-Founder, Massive Media – Twoo.com), Jonas Dhaenens (CEO & Founder, Combell & Unitt)
- Key Customers
Xpenditure is designed to serve the independent, SME and the corporate market. All three markets can enjoy a very easy and streamlined expense management flow. Some examples of corporate customers include G4S, SAS, BWise, ISKO and VMMA (biggest Belgian media holding).