Expensify is an Expense management / corporate cards by Expensify, Inc. This profile pulls together Expensify's ratings across the major review sites, its company and funding details, leadership, features, pricing, and the latest news, with every external source cited at the bottom.
About Expensify, Inc.
Expensify is a financial management platform primarily known for expense reporting and corporate cards. Founded in 2008 by David Barrett in San Francisco, Expensify went public on the NASDAQ (EXFY) in November 2021. The platform automates expense receipt scanning, approvals, and reimbursement, and in 2020 launched Expensify Card, a corporate card that offers real-time spend visibility and cash back. Expensify processes billions in expenses annually and serves over 15 million members across 200+ countries. The company is known for its unconventional culture and outspoken founder, who has publicly written about employee ownership and political advocacy. In 2022-2023, Expensify went through significant restructuring as growth slowed post-COVID.
| Category | Expense management / corporate cards |
| Company | Expensify, Inc. |
| Founded | 2008 |
| Headquarters | San Francisco, California, US (primarily remote) |
| Industry | Financial Technology · Expense Management |
| Team size | ~150 (significantly reduced from 2022 peak) |
| Ownership | Public, NASDAQ: EXFY |
| Founder / CEO | David Barrett (CEO) |
| Specialties | Expense reporting, corporate cards, receipt scanning, travel expense management, accounting integration |
| Website | expensify.com |
Find Expensify on: Wikipedia · Crunchbase · LinkedIn · G2 · Capterra
Expensify ratings across the web
Aggregated from the major review platforms. Each links to the source.
Rating breakdown
Per-category scores from G2 and Capterra, ~9,500 reviews, 2025-2026.
Who uses Expensify
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What people say about Expensify
Our synthesis across ~9,500 G2 and Capterra reviews, 2025-2026. No fabricated quotes, this is the consistent pattern across reviews and third-party analyses.
Most praised
- SmartScan receipt scanning is genuinely fast and accurate
- Expensify Card cash-back rewards make it financially appealing
- Strong accounting integrations (QuickBooks, NetSuite, Xero)
- Good for remote/travel-heavy teams
Most cited complaints
- Customer support quality has declined; mostly community and email-based
- New Expensify app redesign was polarizing among existing users
- International reimbursement workflows can be complex
- Some users find the pricing model confusing
What we found testing it
What's great
- SmartScan processes receipts in under 5 seconds with 95%+ accuracy on merchant, amount, date, and category; the decade of training data shows in edge cases
- Works with any corporate card program, not tied to Expensify Cards; teams with existing Amex/Chase/Citi programs can layer Expensify on top without switching cards
- Free SmartScan tier for individuals; the Collect plan at $5/user/mo includes unlimited SmartScans, ACH reimbursements, and QuickBooks/Xero sync
Watch-outs
- UX feels dated in 2026 compared to Ramp, Brex, and Navan; the interface hasn't had a meaningful redesign since 2022
- Control plan at $9/user/mo (where NetSuite and SSO live) is where most serious teams will land; the Collect plan runs out of headroom fast
- Weaker spend analytics than Ramp; Expensify captures and reimburses, but the vendor-level savings intelligence isn't there
Expensify funding & ownership
| Round | Amount | Date | Lead investor |
|---|---|---|---|
| Series A | $4M | 2009 | Redpoint Ventures |
| Series B | $34M | 2014 | Redpoint Ventures |
| IPO | ~$120M raised | November 2021 | NASDAQ |
Public company but has struggled with growth post-IPO. Revenue roughly flat at $130-$140M (2024-2025). Significant headcount reduction in 2023. Still a functional business but strategic direction uncertain.
Expensify features & integrations
Security & compliance
| Standard | Availability |
|---|---|
| GDPR | Yes |
| HIPAA | Partial (BAA available) |
| SOC 2 Type II | Yes (Type II) |
| SSO / SAML | Yes |
Integrations: QuickBooks Online, QuickBooks Desktop, Xero, NetSuite, Sage Intacct, SAP, Oracle, Workday, Gusto, ADP, Slack, and Excel/CSV export.
Expensify leadership
Expensify pricing
| Plan | Price | Best for |
|---|---|---|
| Collect | $5/user/mo | Basic expense reporting and reimbursement |
| Control | $9/user/mo | Approval workflows, accounting integrations, corporate cards |
The catch: Expensify charges per active user per month. Collect: $5/user/mo (billed monthly), $10 with Expensify Card. Control: $9/user/mo, $18 with card. Annual billing provides discounts. Only users who submit expenses in a month count as active.
Expensify alternatives & where it appears
Featured in our guides
Expensify product changelog
What Expensify has actually shipped, summarized from its own release notes and dated. Not auto-generated, updated as part of our freshness checks.
- February 1, 2026
Expensify New Expensify app
Complete app redesign (New Expensify) consolidating expense and communication features.
Source - October 1, 2025
Latest Expensify news
Auto-pulled from Google News, refreshed on each deploy. Headlines link to the source.
- Expensify Launches Corporate Card in Europe - Business WireMon, 20 Jul 2026
- Expensify Archives - FinovateWed, 22 Jul 2026
- Expensify Launches MCP Tool, Enabling Integration With AI Assistants - Business Travel ExecutiveTue, 09 Jun 2026
- EXFY - FinvizThu, 28 May 2026
- Expensify Launches MCP for AI-powered Expense Management - Business WireMon, 08 Jun 2026
- Expensify Launches Corporate Card for UK and European Businesses - FintechNews CHTue, 21 Jul 2026
Expensify FAQs
Is Expensify free?
Yes, for individual use with limited features. Business plans start at $5/user/month for Collect. The Expensify Card is free to use for Collect and Control plan members.
How does Expensify compare to Ramp or Brex?
Ramp and Brex are corporate card-first platforms with expense management as a secondary feature. Expensify was expense-first and added cards later. Ramp and Brex are generally growing faster; Expensify has more mature expense automation.
What happened to Expensify's stock?
EXFY IPO'd at $27 in November 2021 and fell significantly after. As of 2026, the stock trades significantly below IPO price. The company reduced headcount and shifted strategy in 2023.
Sources
Every external figure on this page traces to a public source, last collected on the dates shown.
- Expensify website — Product and pricing (accessed 2026-09-02)
- G2 Expensify reviews — ~5,700 user reviews (accessed 2026-09-02)
- Expensify investor relations — Financial disclosures (accessed 2026-09-02)