Divvy is a real-time expense management platform for enterprises, dedicated to providing spending management solutions to customers. About Divvy Founded in 2016, Divvy, an American fintech company, is headquartered in Draper, Utah, USA. Divvy is committed to providing customers with innovative expense management software and smart corporate cards to help companies simplify financial processes. As of August 2019, the company has raised more than $260 million in venture capital, received $750 million in debt capital, and established a strong customer base of more than 3,000 companies. On May 7, 2021, cloud software service provider Bill.com announced that it would acquire the expense management platform Divvy. Divvy's Services 1. Budget function The Budget feature allows Divvy administrators to control how spending is done with the Divvy Charge Card. 2. Reporting Divvy administrators can compare spending data between specific time periods. 3. Accounting software integration function Integrations with popular accounting software like QuickBooks Online, NetSuite, and Sage Intacct powered by Bill.com. 4. Reimbursement The Divvy platform supports reimbursement of non-charge card transactions. 5. Build commercial credit function For businesses that haven't been approved for an unsecured line of credit, Divvy's Credit Builder program can be a helpful option for building business credit. |
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