Expensify, Inc.: insider trades · United States · SEC (Form 4)

About Expensify, Inc.

Expensify, Inc. is a U.S.-based company listed on the Nasdaq under the ticker EXFY, operating in the United States capital market. The company is focused on software for expense management and corporate spend, serving small and mid-sized businesses, finance teams, and organizations that want to automate receipt capture, expense reimbursement, company card workflows, bill payments, invoicing, and travel booking. Expensify positions itself as a spend-management “superapp,” with a product strategy built around simplicity, automation, and a chat-like user experience. Founded in 2008 by David Barrett, Expensify began with a receipt-scanning and expense-tracking product and gradually expanded into a broader financial operations platform. Its origin story is closely tied to product-led growth: the company initially scaled through word of mouth and user adoption rather than large-scale traditional enterprise selling. Expensify’s operational headquarters are in Portland, Oregon, while the company also maintains an international footprint, with teams and activity in locations such as San Francisco, London, and Melbourne. That global setup supports a customer base spanning more than 200 countries and territories. From a business-line perspective, Expensify now offers a broader set of workflows than a classic expense app. Its platform includes expense management, spend management, expense reports, company credit cards, receipt scanning, bill pay, invoicing, payroll, and travel. A key part of the company’s strategic positioning is the integration of payment and expense processes into one system, reducing manual work and improving policy compliance. The company has also invested in New Expensify, the Expensify Card, and travel-related capabilities, while monetizing through subscription revenue and card interchange economics. Competitively, Expensify operates in a crowded market that includes specialized expense-management software vendors, broader corporate spend platforms, and B2B payment tools. Its core differentiators are ease of use, a highly automated workflow, and a product experience designed to minimize administrative friction. The company has repeatedly emphasized its ability to convert individual users into larger business accounts, which supports its land-and-expand strategy in the SMB and lower mid-market segments. Recent developments point to continued product and geographic expansion. In 2025, Expensify announced broader international support for company cards, multilingual functionality, euro-based billing, international reimbursements, and beta access to the Expensify Card in the UK and EU, with Canada next in line. It also announced an integration partnership with Uber for Business and highlighted progress in Expensify Travel. In its 2025 disclosures, the company reported approximately 650,000 paid members on average during the year, annual revenue of $142.1 million, and improving non-GAAP profitability metrics. For investors, the key analytical takeaway is that Expensify remains a Nasdaq-listed U.S. software company combining spend-management software with payments-related economics, while continuing to broaden its platform and international reach.