Priceline, Ramp sign deal to disrupt ‘archaic,' high fee business travel booking model [CNBC]
Expensify, Inc. (EXFY)
Company Research
Source: CNBC
the growing number of corporate spend platforms look to retain and attract customers with additional services. The new product, called Ramp Travel, utilizes AI and automation to help streamline and simplify the process of booking and doing expenses for business travel, with Priceline providing Ramp users access to airline, hotel, and other travel inventory. Ramp CEO Eric Glyman said it has seen a significant uptick in businesses on the platform using cards and budget for travel, representing 20% of annual card spend, up from roughly 10% in 2021. That ultimately led Ramp to the Priceline partnership and new platform feature. “One in nearly every 5 dollars spent on Ramp cards is related to flights, hotels, entertainment related to travel,” Glyman said. “This is a substantial way to just stitch it all together.” Ramp said it now has more than 25,000 businesses using its platform. Ramp, the two-time CNBC Disruptor 50 company (it ranked No. 32 in 2024) , has attempted to set itse
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EXFY
News
- Expensify, Inc. (NASDAQ: EXFY) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Expensify, Inc. (NASDAQ: EXFY) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating.MarketBeat
- Expensify (EXFY) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Chief Unveils Winners of Its Inaugural The New Era of Leadership Awards, Recognizing the Executive Women and Companies Shaping the Future of Business [Yahoo! Finance]Yahoo! Finance
- EXPENSIFY ALERT: Bragar Eagel & Squire, P.C. is Investigating Expensify, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
EXFY
Earnings
- 5/9/24 - In-Line
EXFY
Sec Filings
- 6/20/24 - Form 8-K
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- EXFY's page on the SEC website