Tuesday, July 28, 2015

Expensify Launches Its Own Investment Fund

San Francisco-based expense reporting software developer Expensify--which is backed by venture capital--is launching its very own investment fund, the company said Monday. Expensify said its new fund, Expensify Ventures, will invest in financial technology startups. Size of the new fund was not announced. Expensify said the first investment out of the fund is Piper, a developer of software to eliminate the need for paper receipts.