Jeeves, the all-in-one expense management platform for global startups, announced today that it has officially launched its product and services in Canada.
This expansion into the Canadian market follows the company’s highly successful Series A & B funding rounds completed in 2021 totalling USD $88 million.
Jeeves provides a true corporate card and expense management solution for global-minded Canadian companies, with hassle-free, no fee, no interest, and no personal guarantee virtual and physical cards. In addition, Canadian entrepreneurs and business owners can earn up to 3% cashback and choose to pay the card back in USD or CAD. This makes Jeeves the ideal financial tool for Canadian startups with aspirations of expansion beyond borders.
In addition to its expense management platform and corporate card, the company has launched Jeeves Growth – allowing startups and SMEs to scale faster with easy to access non-dilutive capital in their local currency.
Jeeves Growth, a new product that provides revenue based financing solutions to companies across the globe, leverages the company’s infrastructure and platform to provide longer term financing options to startups and SMEs on top of our cards and revolving credit lines. This aims to solve a significant challenge faced by Canadian startups.
“By launching in Canada we seek to solve a major problem faced by a lot of Canadian startups and fast growing companies with global presence. Our multi-currency corporate card platform will allow Canadian entrepreneurs to focus on their business and less on administrative tasks, while the Jeeves’ roadmap has a number of services planned that will offer significant positive changes to the Canadian startup landscape,” said William Lam, General Manager of Canadian Operations.
Both Jeeves Corporate Card and Jeeves Growth run on the company’s proprietary infrastructure with an easy-to-use user interface, allowing for Canadian companies to spin up their finance function within minutes.