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Наталя ХандусенкоStartup
26 June 2025, 16:41
2025-06-26
Ukrainian FinTech startup Spendbase launches its own digital banking and virtual cards
Spendbase, the developer of an expense management platform that helps businesses save money on software and cloud services, is launching digital banking and virtual cards. This will help businesses achieve maximum transparency and control over corporate expenses. With new management capabilities at the team, account and user levels, companies will be able to optimize their funds even more effectively.
Spendbase, the developer of an expense management platform that helps businesses save money on software and cloud services, is launching digital banking and virtual cards. This will help businesses achieve maximum transparency and control over corporate expenses. With new management capabilities at the team, account and user levels, companies will be able to optimize their funds even more effectively.
About the company
Spendbase was founded in 2023. The company began its journey as a service for reducing costs on software and cloud solutions. The platform quickly gained the trust of well-known companies such as Preply, Lemon.io, MacPaw, Provectus, Happy Monday, YouScan and others. Today, thanks to Spendbase, companies save from $500K to $1M per year. The company serves over 800 businesses worldwide.
With digital banking, Spendbase users can now:
quickly launch a business using modern online banking;
instantly open corporate IBAN accounts in the EU and the UK;
make fast bank transfers via SEPA and Faster Payments;
Control finances more effectively by creating sub-accounts for individual departments, employees or projects.
The functionality of new virtual cards allows you to:
issue from 1 to 100 cards per organization;
set spending limits for each card;
save more by getting up to 1.5% cashback;
have guaranteed transaction security thanks to 3DS identification.
With the launch of digital banking and cards, Spendbase now provides complete control and transparency of spending — from the moment of purchase to payment.
“Spendbase doesn’t aim to replace your bank or existing cards. Each card has different goals and benefits. Think of Spendbase as the card that allows you to save the most. It’s an addition to your financial stack, aimed at eliminating unnecessary spending,” says Maksym Bondarenko, CMO, Spendbase.