Spendbase Launches Digital Banking & Virtual Cards to Boost Expense Control for Businesses

Spendbase Launches Digital Banking & Virtual Cards to Boost Expense Control for Businesses
Spendbase Launches Digital Banking & Virtual Cards to Boost Expense Control for Businesses

Hey Digital Banking Fanatic!

Spendbase, the platform known for helping companies reduce costs on software and cloud services, is expanding into digital banking, providing businesses with even greater transparency and control over their spending.

With this new offering, companies can now:

  • Instantly open EU and UK IBAN accounts
  • Move money quickly via SEPA and Faster Payments
  • Create sub-accounts for teams, departments, or projects to streamline budget management

The launch also includes virtual corporate cards, up to 100 per company, each with customizable spending limits, 3DS-secured transactions, and up to 1.5% cashback.

The new stack allows businesses to track every dollar from purchase to payment, closing the loop on expense visibility.

“Spendbase doesn’t aim to replace your bank or existing cards. Each card has different goals and benefits,” said Max Bondarenko, CMO of Spendbase. “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.”

With this move, Spendbase positions itself not just as a cost-saving tool but as a core financial layer for modern, cost-conscious businesses.

Read all the other Digital Banking industry news below 👇 and I'll be back with more tomorrow!

Cheers,

Marcel


Stay ahead in FinTech! Subscribe to my Daily FinTech Newsletter for daily updates and breaking news delivered straight to your inbox. Get the essential insights you need and connect with FinTech enthusiasts now!

Subscribe to my Daily FinTech Newsletter

NEWS

🇺🇦 Ukrainian FinTech startup Spendbase launches its own digital banking and virtual cards. This will help businesses achieve maximum transparency and control over corporate expenses. With enhanced management capabilities at the team, account, and user levels, companies will be able to optimize their funds even more effectively.

🇺🇸 Banco Santander’s (SAN) US Unit is divesting seven branches to focus on digital banking. The divestment is part of Santander Bank’s push to become a digital-first bank. Additionally, the sale underscores Santander’s conviction that its customers will continue to receive quality service from Community Bank.

🇵🇰 Digital payments in Pakistan jump 12% as mobile banking grows. In the third quarter of fiscal year 2024-25, transactions rose by 12%. The total number reached 2.408 billion. Meanwhile, the overall value of these transactions also increased by 8%, reaching Rs164 trillion.

🌍 Tuum Backs maib’s European Expansion. The collaboration will enable maib to launch greenfield operations with an asset-light model designed to deliver a seamless, fully digital retail banking experience. Keep reading

🇺🇸 Jack Henry selects AI Agents from boost.ai to automate call volumes. Through this collaboration, Jack Henry plans to deploy AI agents for its contact centre clients to help enterprises unlock enhanced 24/7 self-service capabilities while remaining fully compliant.

🇿🇦 South Africa’s Bank Zero and Lesaka to combine in $61 million deal. The merger allows Lesaka to build a vertically integrated FinTech platform. Combining the lender’s digital-banking infrastructure and its banking license with Lesaka’s FinTech and distribution platform is intended to transform the way Lesaka conducts business in the future.


Want your message in front of 100.000+ Digital Banking fanatics, founders, investors, and operators?

Shoot me a message on LinkedIn or send me an e-mail.

Future of Banking