- Expensify has expanded its partnership with Marqeta to launch the Expensify Card in Spain, Ireland, Poland, and the Netherlands.
- The European rollout gives multinational businesses access to spend controls, virtual and physical cards, receipt matching, and no foreign transaction fees.
- The launch reflects growing competition among US spend management providers to expand internationally, while highlighting Marqeta’s role in enabling cross-border card programs.
Business expense management company Expensify has expanded its partnership with card-issuing platform Marqeta to bring its corporate card offering into select European markets, including Spain, Ireland, Poland, and the Netherlands.
The Expensify Card, which the company originally launched in the US in 2019, offers multiple features that cater to businesses’ needs. In addition to automatic transaction coding and receipt matching, the card also offers real time visibility into spending, spending limits and category rules, virtual card creation, and integrations with major accounting platforms. Crucial to the international launch, the Expensify Card does not charge foreign transaction fees and can be connected to any GBP, EUR, or US business bank account with no minimums, deposits, or credit checks required.
“The Expensify Card works quietly in the background to keep your business spend controlled, compliant, and ready for accounting,” said Expensify Founder and CEO David Barrett. “It’s a preaccounting assistant that eliminates hours of reconciling transactions, chasing receipts, and reimbursing employees. One of our US customers, Pivot Bio, cut down on their expense report audit times by 90%. We can’t wait to share that same time savings with millions of businesses in the UK and EU.”
The launch represents the Expensify Card’s first broad commercial expansion beyond the US, following a UK and EU beta introduced in 2025. The European launch extends the company’s ability to serve multinational businesses with its unified spend management platform. It also serves as another example of how US spend management providers such as Brex and Navan are investing more resources into international expansion to support multinational businesses. While the demand for global corporate spend management tools and card providers expands, global reach has become an important competitive differentiator.
Fueling this launch is Marqeta’s multinational card-issuing capabilities. Leveraging Marqeta’s platform, Expensify is offering physical, virtual, and tokenized cards. Businesses can use the cards for a variety of use cases, including travel, one-time vendor purchases, and departmental expenses. Additionally, Marqeta’s card capabilities enable Expensify clients to set spend controls by cardholder, authorize transactions in real-time, and provide insights into spending patterns that can help improve cashflow visibility and budgeting.
“With multinational card issuing capabilities built into our platform, we are uniquely positioned to support this type of international scale, enabling customers to enter new markets and grow their card programs while simplifying the complexities that come with global expansion,” said Marqeta Chief Revenue Officer Todd Pollak.
For Marqeta, the partnership is another example of how embedded card issuing providers are key enablers of global fintech growth. Rather than building payments infrastructure market by market, fintechs are increasingly relying on third parties with established regulatory, issuer, and network relationships to accelerate international expansion.
Founded in 2009, Marqeta provides infrastructure and tools to help companies build and manage their own payment programs. The company, which just expanded its partnership with Klarna, processed nearly $383 billion in annual payment volume in 2025 and has increasingly focused on helping customers scale internationally through its multinational issuing capabilities.
