Zevoy
Zevoy is a Finnish fintech that provides a unified corporate Visa card and expense management platform for Nordic SMEs, combining receipt scanning, AI categorisation, automatic per diem calculation, and direct integrations to 27 accounting systems across 13 European markets.
- Company typePrivate
- Founded2020
- HeadquartersEspoo, Finland
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Zevoy does
Zevoy Aktiebolag is a Finnish fintech company founded in 2020 and headquartered in Helsinki (with an additional office in Espoo), operating as an Electronic Money Institution authorised and regulated by the Finnish Financial Supervisory Authority (FIN-FSA) and holding ISO 27001 certification. The company operates a unified expense and spend management platform built around four integrated modules: Zevoy Expense (Visa Platinum corporate cards with per-card spending limits, instant issuing, real-time transaction visibility, OCR-based receipt scanning, AI-driven auto-categorisation, multi-tier approvals, and ReceiptHero digital receipt capture), Zevoy Subscriptions (dedicated virtual cards for SaaS spend management), Zevoy Benefits (employee benefits cards across lunch, culture, exercise, transport, and wellness), and Zevoy Claims (travel expense management with automatic calculation of Finnish päiväraha and Swedish traktamente per diem using official Verohallinto and Skatteverket rates).
The underlying technology combines proprietary OCR receipt scanning, AI-based expense categorisation, regulatory-rate engines for per diem and mileage, and direct API integrations to 27 Nordic and international accounting systems including Netvisor, Procountor, Fortnox, NetSuite, Microsoft Dynamics 365 Business Central, Merit Aktiva, and Directo, plus a certified SAP Concur App Center integration. Cards are issued under license from Visa Europe Limited with Apple Pay and Google Pay support.
Zevoy monetises via a publicly disclosed tiered subscription model: from €10/cardholder/month (120 SEK in Sweden), with add-on fees of €2.50/subscription card/month and €5/claims user/month, plus a €10 minimum service fee. Enterprise tiers add guided onboarding, full accounting mapping, and VAT code configuration. The go-to-market motion is product-led growth with self-serve onboarding (approximately 30 minutes from signup to virtual card issuance) augmented by sales-assisted enterprise onboarding. The company serves over 2,000 organisations across 13 European markets, primarily Nordic SMEs (10-200 employees), with selected enterprise accounts including DLA Piper Finland, Fingersoft, and Netum Group Oyj. Total disclosed funding is €15 million from a Series A round in April 2022 led by Blossom Capital, alongside a prior seed round in September 2021.
Zevoy firmographics
Firmographics- Name
- Zevoy
- Legal name
- Zevoy Aktiebolag
- Website
- https://zevoy.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Zevoy is a Finnish fintech that provides a unified corporate Visa card and expense management platform for Nordic SMEs, combining receipt scanning, AI categorisation, automatic per diem calculation, and direct integrations to 27 accounting systems across 13 European markets.
- Ownership category
- akta.pro rank
Zevoy industry classification
Industry- Product category
- Corporate Expense Management
- akta.pro primary industry
- Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE)
- akta.pro secondary industries
- Accounts Payable Automation & Invoice Payments for Travel Suppliers (THACAJAI), Expense, Invoice & Reconciliation (ERP/AP) for Travel (THALAMAC), Travel Payments, Virtual Cards & Reconciliation Solutions (THAKANAI)
Keywords
Where Zevoy is headquartered
LocationHeadquarters
- HQ city
- Espoo
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
Zevoy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Corporate Card Subscription: Monthly subscription fee per cardholder providing access to Visa Platinum corporate cards, expense management platform, receipt automation, and accounting integrations.
- Subscription Card Add-on: Additional monthly fee per virtual card dedicated to SaaS/subscription management, providing per-service cost tracking and easy cancellation capability.
- Claims User Add-on: Monthly fee for users who primarily submit travel expense claims (per diem and mileage) without holding a corporate card.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Core cardholder subscription covering corporate cards, expense management, receipt capture, approval workflows, and accounting exports |
| Subscription | Monthly | Enterprise tier with advanced compliance features, representationsmoms, and guided onboarding |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Zevoy product offering
Product offeringCore offering
Zevoy combines Visa Platinum corporate cards with an automated expense management platform that captures receipts via OCR and ReceiptHero, applies AI-based expense categorisation with VAT mapping, calculates Finnish päiväraha and Swedish traktamente per official tax authority rates, and exports approved expenses directly to 27 accounting systems through API or dedicated export templates. The offering is delivered through four modules (Zevoy Expense, Zevoy Subscriptions, Zevoy Benefits, and Zevoy Claims) on a per-cardholder monthly subscription.
Product overview
Zevoy is a unified expense management platform that combines corporate Visa cards with built-in expense management, receipt automation, and direct accounting integrations. The platform consists of four integrated modules: Zevoy Expense (corporate Visa cards with real-time controls and automatic receipt matching), Zevoy Subscriptions (dedicated virtual cards for recurring SaaS and software payments), Zevoy Benefits (employee benefits including lunch, culture, exercise, transport, wellness, and massage), and Zevoy Claims (travel expense management with automatic per diem and mileage calculation). All modules connect to 27 accounting systems via direct API or dedicated export templates, enabling automatic export of approved expenses with receipts, VAT codes, and cost centres to bookkeeping.
Differentiator
Problem solved
Functional benefit
Products and services
- Zevoy Expense Corporate Visa Platinum business cards (physical and virtual) bundled with an expense management platform that provides real-time spending controls, automatic receipt matching via OCR and ReceiptHero, AI-based expense categorisation with VAT mapping, multi-tier approval workflows, and direct export to 27 accounting systems. Targeted at Nordic companies seeking to replace manual receipt handling and disconnected corporate cards.
- Zevoy Subscriptions
Quantifiable outcome
- 95% of account assignments are automatically correct
- +4 more outcomes
Companies that use Zevoy
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles2 records
Zevoy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
AI capability5 records
Feature6 records
Zevoy partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship and core.
- Visa Europe LimitedflagshipZevoy issues Visa Platinum corporate cards under license from Visa Europe Limited. Cards are accepted worldwide wherever Visa is accepted, providing the payment infrastructure for the expense management platform.
- SAP ConcurcoreCertified integration partnership through SAP Concur App Center. Zevoy corporate card transactions flow automatically into SAP Concur Expense with receipts attached and cards mapped, enabling enterprise customers to combine Zevoy cards with their existing SAP Concur deployment.
- ReceiptHerocoreDigital receipt network partnership enabling automatic receipt capture at participating merchants. Zevoy corporate cards are enrolled in ReceiptHero, allowing employees to receive digital receipts without manual scanning or photo capture.
- Verohallinto (Finnish Tax Administration)coreZevoy uses official per diem and mileage rates published by Verohallinto for automatic päivärahat calculation, ensuring tax-compliant reimbursement rates for Finnish companies.
- Skatteverket (Swedish Tax Agency)coreZevoy uses official traktamente and milersättning rates published by Skatteverket for automatic Swedish per diem and mileage calculation, ensuring tax-compliant reimbursement rates.
- NetvisorcoreDirect API integration with Netvisor, one of Finland's leading cloud accounting platforms. Expenses, receipts, VAT codes, and cost centres sync automatically via native API connection.
- ProcountorcoreDirect API integration with Procountor, a major Finnish accounting software. Approved expenses export as journal entries with receipts, VAT codes, and dimensions included.
- FortnoxcoreDirect API integration with Fortnox, the dominant accounting platform for Swedish SMEs. Expenses, receipts, VAT codes, and cost centres sync automatically for Swedish customers.
- Microsoft Dynamics 365 Business CentralcoreDirect API integration with Microsoft Dynamics 365 Business Central, supporting Nordic enterprise customers with expense data, receipts, VAT codes, and cost dimensions exported via API.
- Oracle NetSuitecoreDirect API integration with NetSuite supporting Journal Entry or Expense Report export formats, with 5 tag dimensions mapped automatically and auto-retry functionality for closed accounting periods.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Zevoy competitors and assessment
Company assessmentDirect peers
- Pleo: Danish-headquartered fintech offering corporate Visa cards paired with expense management, receipt capture, and accounting integrations—directly competitive with Zevoy in the Nordic SME segment.
- Spendesk: French spend management platform providing corporate cards, expense automation, and accounting integrations across Europe, targeting the same SME/mid-market customer as Zevoy with comparable product breadth.
- Moss: Berlin-based corporate card and spend management platform serving European SMEs with virtual and physical cards plus accounting integrations—closely mirrors Zevoy's product model in continental Europe.
- Mynt: Swedish fintech offering corporate cards with built-in expense management and accounting platform integrations—explicitly named by Zevoy as a direct Nordic competitor.
- Airbase: US-headquartered spend management platform combining corporate cards, bill pay, and expense automation with direct accounting system integrations—comparable product architecture targeting similar SMB/mid-market finance teams.
- Ramp: US-based corporate card and spend management platform offering virtual cards, expense automation, and direct accounting integrations with comparable product-led growth motion—same core use case as Zevoy though primarily US-focused.
Broad incumbents
- Revolut Business: Broader business banking and multi-currency platform from Revolut offering corporate cards and expense tooling as part of a wider financial services suite—overlaps with Zevoy's corporate cards but at much larger scale and broader scope.
- SAP Concur: Global enterprise Travel & Expense management suite that already has a certified Zevoy integration via the SAP Concur App Center—competes in enterprise T&E while Zevoy integrates as a card partner for Concur deployments.
- Brex: US-headquartered corporate card and spend platform serving startups and enterprises with expense management and bill pay—competes indirectly in the broader corporate card + expense management category.
Emerging players
- Pliant: Berlin-based B2B credit card and spend management provider serving European SMEs—operates in the same Nordic/European corporate card + spend management category as Zevoy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Zevoy social profiles
Digital presenceZevoy compliance and trust
Trust signalCompliance3 records
Zevoy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zevoy leadership team
Management profileNumber of profiles
Profiles3 records
Zevoy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zevoy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zevoy
What does Zevoy do?
Zevoy combines Visa Platinum corporate cards with an automated expense management platform that captures receipts via OCR and ReceiptHero, applies AI-based expense categorisation with VAT mapping, calculates Finnish päiväraha and Swedish traktamente per official tax authority rates, and exports approved expenses directly to 27 accounting systems through API or dedicated export templates. The offering is delivered through four modules (Zevoy Expense, Zevoy Subscriptions, Zevoy Benefits, and Zevoy Claims) on a per-cardholder monthly subscription.
Is Zevoy a public or private company?
Zevoy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Zevoy founded?
Zevoy was founded in 2020. It employs 51 to 100 people.
Where is Zevoy based?
Zevoy is headquartered in Espoo, Finland, in the Europe region.
How does Zevoy make money?
Three revenue lines are on record. Corporate Card Subscription is the primary driver. The others are subscription Card Add-on and claims User Add-on.
Who are Zevoy's main competitors?
Direct peers on record are Pleo, Spendesk, Moss, Mynt, Airbase and Ramp. Broad incumbents are Revolut Business, SAP Concur and Brex. Pliant is listed as an emerging player.
Does Zevoy have an API?
Yes. Zevoy offers API integrations with accounting systems including Netvisor, Procountor, Fortnox, NetSuite, and Microsoft Dynamics 365 Business Central. These are direct API connections that allow automatic expense export with receipts, VAT codes, cost centres, and account mappings. For systems like Fennoa, Heeros, Fivaldi, Lemonsoft, Talenom, and Visma L7, Zevoy uses dedicated export templates rather than direct API. SAP Concur integration is available via the SAP Concur App Center with one-time-password authentication.
What industry is Zevoy in?
Zevoy's product category is Corporate Expense Management. Its primary akta.pro industry code is THACAJAE, Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts), with a secondary code of THACAJAI, Accounts Payable Automation & Invoice Payments for Travel Suppliers.