Yokoy, founded in 2019 and based in Switzerland, has established itself as a frontrunner in the spend management sector, leveraging cutting-edge AI and Machine Learning technologies. The company's solution simplifies expense, invoice, and corporate card processes for medium to large enterprises. With its intuitive, automated platform, Yokoy eliminates tedious paperwork and enhances financial visibility, offering complete control over company spend.
The startup's comprehensive approach culminated in its acquisition by TravelPerk in 2025. This strategic move aims to create an all-encompassing travel and expense management platform. Integrating two best-in-class software solutions, the merger enables seamless policy management, approvals, bookings, and card payments. In effect, it significantly increases cost control, saves time, and boosts productivity for users.
The backing and acquisition by Perk underscore confidence in Yokoy's potential to revolutionize the financial services landscape with its innovative solutions.