Expensify gets new credit facility for $100 million with CIBC Innovation

By Mary-Katherine Stinson

Lexington, Ky., Feb. 7 – Expensify entered a $100 million credit facility with lender CIBC Innovation Banking in October, according to a press release Monday.

The expanded facility will support the company’s growth and product expansion.

Portland-based Expensify is a payments superapp that helps individuals and businesses around the world simply the way they manage money.

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