FlyExpense Investor Overview
FlyExpense is building the modern finance OS for global teams. We combine corporate cards, expense management, bill pay, procurement, and 39 payment providers into one platform — designed for the agentic era of AI-driven spending.
The market opportunity
The global spend management market is massive, fragmented, and still dominated by legacy tools that were built before cloud, mobile, and AI.
- Global B2B payments market: over $120 trillion annually
- Corporate card and expense management market: growing at 10-15% CAGR
- AP automation market: $3B+ and accelerating as AI lowers the cost of invoice processing
- Agentic payments: an entirely new category as AI agents begin transacting autonomously on behalf of businesses
- Emerging markets underserved: Turkey, UAE, and broader MENA have few modern local-first platforms
Our product
FlyExpense is a full-stack finance OS covering every dollar a business spends.
- Corporate cards with granular category controls, merchant allow-lists, and auto-lock
- Expense management with AI receipt OCR, duplicate detection, and policy enforcement
- Bill pay and AP automation: invoice capture, 3-way match, and approval routing
- Procurement: intake requests, vendor selection, POs, and goods receipt
- Treasury: cash management, multi-currency accounts, and cash runway forecasting
- 39 payment providers including 11 Turkish PSPs and 7 Turkish banks
- Agentic-payment controls: scoped mandates, hard limits, and full audit trails for AI agents
- MCP server: Claude, Cursor, and other AI assistants can query finance data in natural language
Why now
Three converging trends make this the right moment for FlyExpense.
- AI agents are beginning to transact autonomously — the spend controls required do not exist in legacy platforms
- Global teams need first-class coverage outside the US and core EU — no incumbent does this well
- Modern finance teams expect engineering-grade tooling: APIs, webhooks, real-time policies, and observability
Business model
FlyExpense monetizes through subscription fees, interchange revenue, and payment processing volume.
- Free starter plan: unlimited virtual cards, up to 10 users, core expense management
- Business plan: advanced controls, procurement, treasury, and dedicated CSM
- Enterprise plan: custom pricing, multi-entity, custom integrations, and SLA
- Interchange: revenue share on card spending volume
- Payment facilitator: volume-based fees on processed payment transactions