Tunisia: startup Expensya raises $20 million in Serie B – African Manager

Expensya, a Tunisia-French startup has completed a $20 million funding raise from MAIF Avenir (based in Paris) and Silicon Badia (based in Aman).

The raise was a Seria B that raised the company’s total sum to just over $25 million. This ensured it stood out as one of the best-funded SaaS startups across the Middle East and North Africa. The funding will be channeled to R&D and regional growth.

Expensya was founded in 2014 by Karim Jouini and Jihed Othmani who rely on its online software to automate expense management for businesses.

 The mobile, web and API-based tools simplify the process for all businesses to manage their expenditure without having to spend time on repetitive manual tasks.

The mobile app enables business employees to file expense reports by uploading invoices. This is one of the many features offered by the startup.

Expensya, the expenses management solution offers a powerful set of features capable of integrating with all the top ERP solutions such as…

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