Tunisian B2B Expenses Management Startup Expensya Raises $20 Million

Tunisian B2B expenses management startup, Expensya, has announced that it has raised $20 million in investments, with MAIF Avenie and Silicon Badia joining previous investors,  ISAI and Seventure, in the latest round.

With over 140 employees across four countries, Expensya claims to currently service more than 5,000 companies across 100 countries with its business spend management automation solution, which targets key accounts, SMEs and SOHO businesses.

Founded in 2014 by Karim Jouini and Jihed Othmani, Expensya also has headquarters in Paris, a key to its goal of accelerating international expansion plans with the new investment, starting with mainland Europe.