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Merger Combines Six T&E, AP Firms To Form Emburse

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Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse , according to a press release Thursday (Jan. Abacus, Captio, Certify, Chrome River, Nexonia and Tallie are merging together to integrate each other’s T&E and AP solutions.

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Amid Innovation And Disruption, Travel And T&E Strive Toward An Omnichannel Ideal

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That’s when six corporate travel expense management and accounts payable (AP) solution providers announced they would join forces and combine into a single company called Emburse , according to a press release. We are so much stronger as one company,” said new Emburse CEO Eric Friedrichsen.

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Small, Early-Stage Funding Rounds Dominate B2B FinTech

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But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Travel Expense Management. Corporate travel and expense management startup Baoku Online, based in China, secured Series A funding , the firm said Monday (Nov. with an $18 million investment.

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