News
Firstbase announces global banking partnership with Jeeves
May 26, 2022
Firstbase and Jeeves are excited to announce a new partnership where Firstbase users can sign up for Jeeves' global expense management platform directly within the Firstbase dashboard. Powered by Loop and located in the Banking Solutions category, founders can unlock corporate credit cards, expense management tools, cross-border payments, growth financing, and more - all in a few clicks.
The first cross country, cross-currency expense management platform
In the post-COVID era, most companies are global - either with employees in multiple countries or with businesses across regions. However, these companies are forced to rely on local and country-specific financial infrastructure. For instance, a company with employees in Mexico and Colombia would require multiple vendors to cover its finance function: a corporate card in Mexico and another in Colombia, an additional vendor for cross-border payments, and another one to transact SPEI. At the end of the month, it would then take a few weeks to reconcile corporate spending and get a consolidated view of the company's cash position.
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