Announced

Marlin-backed Medius to acquire Expensya.

Synopsis

Marlin-backed Medius, an automation software provider, agreed to acquire Expensya, a software company. Financial terms were not disclosed. “Expensya has developed a leading employee spend management solution in Europe, with innovative features and AI-powered innovation. Its founders, Karim and Jihed, and its leadership team share our ambition to transform the spend management category using the power of automation and AI. Together, we can offer CFOs solutions that can help them transform finance while empowering their teams. We are delighted to welcome the whole team to the Medius family," Jim Lucier, Medius CEO.

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