Bill.com: Acquires expense management software provider Divvy

  • Bill.com a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small
  • Announced entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5 billion
  • Divvy a leader in spend management that modernizes finance for business by combining expense management software
  • The acquisition supports Bill.com’s mission and enhances our ability to deliver value to the combined customer base
  • Bill.com’s expanded solution enable businesses to automatically manage accounts payable, accounts receivable
  • Bill.com acquire Divvy for approximately $625 million in cash and $1.875 billion of Bill.com Common Stock
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...