Led by Peter Lai, CEO, Emburse offers a range of corporate card solutions that allow organizations to enforce travel and expense policies, while providing employees and job candidates a simple way to make purchases. With innovative spend management applications such as real-time expense reporting, integrated travel booking, time tracking, and accounts payable automation, the company serves more than 11,000 organizations to manage corporate spend.Ĭustomers include Anthem, Grant Thornton, Garmin, Mailchimp, Pinterest, Red Bull, Shopify, Subway, SurveyMonkey, Toyota, and Virgin Galactic.Įmburse will initially be integrated into the Abacus expense management platform, further strengthening the brand’s capabilities in supporting real-time expense reporting.

The portfolio includes SaaS platforms Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie. Led by Nord Samuelson, president, Certify, Inc./Chrome River is an independent provider of travel, expense and payment solutions. The amount of the deal was not disclosed.

K1 Investment Management holds a majority stake in the combined organization.Certify, Inc./ Chrome River, a large independent portfolio of travel, expense and payment solutions, acquired Emburse, a San Francisco-based provider of virtual and physical cards for business expenses and vendor payments. “This exciting new capability will continue to reduce customer liability, while improving the overall employee and interview candidate experience.”Ĭertify/Chrome River counts more than 11,000 customers in more than 100 countries. “Adding Emburse to Abacus will enable the next major step in real-time expense reporting innovation by providing policy insight in advance of the purchase,” says Omar Qari, co-founder and general manager of Abacus. “We share a common goal in helping organizations control employee spending and reduce expense fraud, all while providing a user-friendly and flexible solution to both frequent and infrequent card users.”Įmburse will be integrated into the Certify/Chrome River-owned Abacus expense management platform Captio, Nexonia and Tallie are also part of the Certify/Chrome River portfolio. “Joining such a prestigious portfolio of travel, expense and invoice management brands will greatly accelerate our ability to expand Emburse’s reach,” says Emburse CEO Peter Lai. I accept the Terms and Conditions and Privacy Policy.

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