Divvy is the developer of a financial platform designed to help businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports.
Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5 billion. Divvy is a leader in spend management that modernizes finance for business by...
Divvy, an American outfit offering businesses a combination of free expense management software and corporate credit cards, has raised $165 million at a valuation of $1.6 billion.
