Expensify makes cloud-based expense management software, targeting primarily SMBs. The core product automates the full expense workflow — employees capture receipts via Expensify's SmartScan OCR technology, submit expense reports, managers approve them, and employees get reimbursed via next-day ACH. Beyond expense management, Expensify has expanded into corporate cards (Expensify Card, a Visa product with native platform integration), business travel booking (Expensify Travel), and bill pay and invoicing. Expensify sells through a self-service, bottom-up model: individual employees adopt the app, then organically introduce it to their employers, reducing the need for a traditional outbound sales force. Expensify charges a per-seat subscription fee across two primary plans — Collect ($5/member/month) and Control ($9–$36/member/month). A growing second revenue stream is interchange fees earned when cardholders spend on the Expensify Card, which now represents roughly 14% of quarterly revenue. Expensify runs a lean cost structure with roughly 117 employees, using AI to automate receipt scanning and customer support. The company's near-term priorities include migrating customers to its rebuilt "New Expensify" platform, expanding Expensify Card and Travel adoption among existing customers, and investing in brand awareness and international expansion.