Divvy

Name

Divvy

Legal name

Divvy Pay LLC

Website

https://getdivvy.com

Company type

Private

Founded year

2019

Operating status

Acquired

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Spend Management Software

NAICS

Credit Card Issuing (522210), Credit Intermediation and Related Activities (522), Activities Related to Credit Intermediation (5223), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Prepackaged Software (7372), Personal Credit Institutions (6141), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Expense Management & Reimbursements Administration (BPACAIAH)

akta.pro secondary industries

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Expense Tracking & Financial Dashboards (FSAGADAB), Budgeting & Cash-Flow Management (FSAGADAA)

Keywords

• Corporate spend management
• Expense management software
• Business credit cards
• Budget management
• Accounts payable automation

Headquarters

HQ city

Draper

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Interchange Fees (Corporate Cards): The BILL Divvy Card generates interchange revenue on every card transaction. The platform is free to use for the card program, monetized primarily through interchange fees charged on spending volume — a standard model for corporate card issuers.
2. Subscription / Platform Fees: BILL Spend & Expense (Divvy) platform is offered as part of BILL's integrated financial operations platform. Pricing is based on business needs and number of users, with quote-based / demo-driven pricing for custom plans.
3. Payment Services & Transaction Fees: BILL handles large invoice payments via cards, earning transaction fees and interchange on top of standard processing — rewards and fees associated with payment processing on AP/AR workflows.
4. Rewards Program: BILL Spend & Expense includes a rewards program (cash back, travel perks) funded by interchange revenue and passed partially back to cardholders, driving card adoption and spending volume.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Divvy provides AI-powered expense management software combined with corporate cards (BILL Divvy Card), real-time budget controls, automated receipt capture, and two-way accounting software synchronization. The platform targets small and midsize businesses (10-200 employees) with integrated spend management that eliminates expense reports and enforces budgets at the point of purchase.

Product overview

BILL Spend & Expense (formerly Divvy) is a unified spend management platform combining AI-powered expense management software with the BILL Divvy Card. The platform provides small and mid-market businesses (10-200 employees) with company cards, real-time budget controls, automated receipt capture, expense reporting, travel management, and business credit facilities. Divvy was acquired by Bill.com for $2.5 billion in May 2021 and rebranded under the BILL Holdings umbrella. The platform integrates with leading accounting software including QuickBooks, NetSuite, Xero, Sage Intacct, and Microsoft Dynamics through deep two-way syncs. AI capabilities include predictive fraud detection, autonomous reconciliation agents, and 95% accurate auto-categorization of transactions.

Differentiator

Problem solved

Functional benefit

Brands

• BILL Divvy Card: Corporate card offered through the BILL Spend & Expense platform, issued by Divvy Pay, LLC's bank partners.

Products and services

• BILL Spend & Expense AI-powered expense management platform combining corporate cards, real-time budget controls, automated receipt capture, expense reporting, travel management, reimbursements, and accounting software synchronization for small and mid-market businesses with 10 to 200 employees.
• BILL Divvy Card Corporate credit card offering smart, flexible spending with real-time tracking, flexible limits, instant visibility, customizable spending rules, and integration with the BILL Spend & Expense expense management platform. Issued by Divvy Pay LLC's bank partners.
• Business Credit Business credit facilities enabling access to funding for businesses with an easy online application process, integrated within the BILL Spend & Expense platform.

Quantifiable outcome

• Blocked more than 8 million attempted fraud attacks in fiscal year 2025
• +8 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability8 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core.

• Bill.com (now BILL Holdings)coreStrategic or Co-development Partner · 1 May 2021Bill.com acquired Divvy for $2.5 billion in May 2021 to expand into spend management with free corporate cards and real-time budget controls, creating an integrated financial operations platform for SMBs. The combined entity rebranded from Bill.com to BILL Holdings in February 2023.
• QuickBooks (Intuit)coreTechnology or IntegrationDeep two-way sync integration with QuickBooks Online, Pro/Premier, Enterprise, and Mac versions. Automatically syncs transaction data and expense categories to keep books accurate.
• Oracle NetSuitecoreTechnology or IntegrationDirect two-way sync integration with Oracle NetSuite, automatically or on demand, for seamless accounting and financial management alignment.
• XerocoreTechnology or IntegrationSeamless integration with Xero syncing transaction data and expense categories automatically to keep Xero-based books accurate.
• Sage IntacctcoreTechnology or IntegrationDeep integration with Sage Intacct providing automatic or on-demand sync of transaction data and expense categories for Sage-based finance teams.
• Microsoft DynamicscoreTechnology or IntegrationIntegration with Microsoft Dynamics (GP, 365 Business Central, AX, NAV, SL, 365 F&O) for seamless financial data sync across Microsoft-based enterprise environments.
• AcumaticacoreTechnology or IntegrationIntegration with Acumatica cloud ERP providing automatic or on-demand sync of transaction data and expense categories.
• Accounting Firm PartnerscoreChannel Partner/ Reseller/ DistributorBILL's Accountant Partner Program enables accounting firms to manage multiple SMB clients' bill pay and expense management through BILL's platform, with dedicated tools including the Accountant Console.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Spendesk: European-headquartered spend management platform combining corporate cards, expense management, and invoice processing for SMBs and mid-market — comparable functionality to BILL Spend & Expense.
• Pleo: European SMB-focused corporate card and expense management provider with similar free-card-plus-paid-software monetization and SMB-first positioning.
• Ramp: Direct competitor in SMB corporate cards plus integrated spend management and bill pay. Targets the same 10–200 employee segment with a free-card-plus-interchange model and accounts payable automation, mirroring Divvy's core offering.
• Airbase: Spend management platform combining bill pay, virtual cards, expense management, and corporate cards. Targets mid-market and is widely benchmarked against BILL Spend & Expense (Divvy) in G2 spend management rankings.
• Expensify: Expense management software and corporate card provider for SMBs; overlaps on receipt capture, expense reporting, and card-based spend workflows, though historically lighter on integrated AP/AR.
• Brex: Direct competitor issuing corporate cards to SMBs and mid-market companies with embedded spend management, bill pay, and rewards. Competes head-to-head in the SMB + startup card-and-expense category.

Broad incumbents

• SAP Concur: Established enterprise expense management and travel platform within SAP — broader incumbent with overlapping expense and corporate-card capabilities, primarily serving larger enterprises but a frequent benchmark for the category.
• QuickBooks (Intuit): Dominant SMB accounting platform with its own payments and expense workflows; relevant because BILL Spend & Expense deeply integrates with QuickBooks but Intuit increasingly bundles spend/expense capabilities that could overlap.
• Coupa: Business spend management platform with corporate cards, expense, AP automation, and procurement — broader portfolio incumbent also widely compared against BILL Spend & Expense in analyst grids.

Emerging players

• Stitch: African payments integration and finance automation provider; useful as a regional/emerging peer in the broader SMB financial automation landscape where BILL's network effects are relevant comparables.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Divvy_HQ
• Facebookfacebook.com/divvypay
• LinkedInlinkedin.com/company/divvypay

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Divvy