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Founded Year

2016

Stage

Series A - III | Alive

Total Raised

$10.35M

Last Raised

$4.5M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+50 points in the past 30 days

About Fyle

Fyle focuses on intelligent expense management. Its main services include tracking receipts, reporting expenses, managing credit card reconciliation, and providing analytics on company spending. The company primarily sells to sectors such as construction, non-profit, technology, and legal services. It was founded in 2016 and is based in Bengaluru, India.

Headquarters Location

550, 1th Cross, 2nd Main MICO Layout BTM 2nd Stage

Bengaluru, 560076,

India

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Fyle's Product Videos

Fyle Outlookaddon demo.gif

Fyle's Products & Differentiators

    Fyle

    Real-time expense management software

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Research containing Fyle

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Fyle in 1 CB Insights research brief, most recently on Oct 26, 2023.

Expert Collections containing Fyle

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fyle is included in 5 Expert Collections, including HR Tech.

H

HR Tech

4,043 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

P

Payments

2,821 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

A

Artificial Intelligence

11,383 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

F

Fintech

12,502 items

Excludes US-based companies

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Latest Fyle News

Expense Management Platform Fyle Integrates with American Express

Feb 7, 2024

Finovate Expense management innovator Fyle integrated with American Express this week. The integration will enable U.S. Business and Corporate Card members to issue on-demand virtual cards linked to their physical cards. Fyle made its Finovate debut at FinovateFall last year. Expense management platform Fyle has announced an integration with American Express. The partnership will enable U.S. Business and Corporate Card members to issue on-demand virtual cards from the Fyle platform. The virtual cards feature built-in controls, as well as enhanced security. The integration was made possible by Fyle’s participation in the American Express Sync Commercial Partner Program. The ability to issue unlimited virtual cards linked to existing physical cards provides a number of benefits. Among them are: Card-specific controls including spending limits and expiration dates Real-time transaction data and notifications via text message Automated receipt collection to accelerate reconciliation via Fyle’s expense management platform The integration will also provide payment flexibility. Companies can leverage virtual cards to pay suppliers and take advantage of their American Express billing cycle to manage cash flow until their card payment is due. “We are teaming up with American Express to give our customers access to the control, enhanced security, and cash flow management that come with using an American Express virtual card, alongside the ability to automate receipt tracking, credit card reconciliation, and expense accounting with Fyle,” company founder and CEO Yashwanth Madhusudhan said. “The integration helps us provide an elevated user experience and more value to our customers.” Founded in 2016, Fyle made its Finovate debut at FinovateFall 2023 . At the conference, Madhusudan showed how Fyle’s technology brings a modern, “fintech-like” experience to bank-issued card programs.

Fyle Frequently Asked Questions (FAQ)

  • When was Fyle founded?

    Fyle was founded in 2016.

  • Where is Fyle's headquarters?

    Fyle's headquarters is located at 550, 1th Cross, 2nd Main MICO Layout, Bengaluru.

  • What is Fyle's latest funding round?

    Fyle's latest funding round is Series A - III.

  • How much did Fyle raise?

    Fyle raised a total of $10.35M.

  • Who are the investors of Fyle?

    Investors of Fyle include Pravega Ventures, Freshworks, Tiger Global Management, Steadview Capital, Kedar Gavane and 10 more.

  • Who are Fyle's competitors?

    Competitors of Fyle include Center, Brex, Ramp, Jeeves, Jenji and 7 more.

  • What products does Fyle offer?

    Fyle's products include Fyle.

  • Who are Fyle's customers?

    Customers of Fyle include Surgical Training Institute and Access Networks.

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Compare Fyle to Competitors

Ramp Logo
Ramp

Ramp focuses on finance operations. The company offers a range of services including corporate cards, expense management, vendor management, and accounting automation, all designed to streamline and optimize finance operations. Ramp primarily serves businesses of all sizes, from startups to large enterprises, across various sectors. It was founded in 2019 and is based in New York, New York.

Pleo Logo
Pleo

Pleo operates as a business spend management platform. It provides virtual cards, expenses, automated expense reports for employees, invoices, and more. It serves industries such as retail, healthcare, technology, and more. It was founded in 2015 and is based in Copenhagen, Denmark.

Brex Logo
Brex

Brex operates as a financial solutions company. It offers a corporate credit card, expense management solutions, financial modeling, bill payment, business account, and more. The company provides its services to startups and scaling businesses. It was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.

Payhawk Logo
Payhawk

Payhawk provides a spend management platform. It includes credit cards, payments, expenses, cash management, and pre-accounting into one integrated experience. It offers technology to enable finance teams to control and automate company spending at scale. It was founded in 2018 and is based in London, United Kingdom.

Jeeves Logo
Jeeves

Jeeves specializes in financial technology solutions. The company offers a range of services including expense management, global accounts, accounts payable, and corporate cards. Its services allow businesses to control their expenses, manage multi-currency business accounts, send cross-border payments, and issue both physical and virtual corporate cards. It was founded in 2019 and is based in Orlando, Florida.

T
Torpago

Torpago offers corporate spending management software. Torpago empowers companies with simple and easy solutions that grant more extensive control and transparency of company spend. The Torpago cards and software enable thousands of businesses to better manage spend. Torpago was founded in 2019 and is based in San Francisco, California.

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