By : Ali Eldeeb
Xpence, the MENAP region’s first and only financial management platform with embedded business banking solutions for SMEs, has been awarded ‘Best Expense Management Platform in the United Arab Emirates 2022’ - by International Business Magazine.
The International Business Magazine’s Awards honour businesses and experts who lead innovation across various business areas, including in finance, real estate, banking, and insurance. This year’s awards were presented at a ceremony hosted in the iconic Atlantis the Palm resort in Dubai, attended by Xpence co-founder and CEO Saad Ansari, accompanied by Abdulaziz F Al-Moosa, and Abdulmajeed H Al-Jomaih both Xpence Board Members and angel investors from Saudi Arabia.
The awards look to showcase best-in-class companies that strive to provide supreme quality-backed services. The recognition of Xpence’s first-of-a-kind financial management platform specifically designed for SMEs in the awards is testimony to the superiority of its technology solutions, and its crucial contribution to the digital transformation of businesses in MENAP.
The mission Xpence has set out for itself is to digitally empower the more than 23 million MENAP businesses struggling to access financial services. Offering physical and virtual employee expense cards, simplified digital invoicing, multi-currency wallets, and automation of payment processing, Xpence provides small and medium-sized entrepreneurs the highest level of financial security and control - while also facilitating efficiency of day-to-day business activity.