Yokoy logo — The all-in-one spend management solution automating the expe...

Yokoy

The all-in-one spend management solution automating the expense, invoice & credit card processes of medium and big firms

Founded 2019 Switzerland Zurich, Switzerland 222 employees Acquired Total: $107.70M AI, Finance +3

General Information

Company Name Yokoy
Founded Year 2019
Location Switzerland Zurich, Switzerland +5
Employees 222
Industries AI, Finance, Financial Services +2
Funding Stage Acquired

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AI Insight

Bounce Watch AI
1 month ago

Yokoy's 2025 acquisition by TravelPerk represents a significant strategic shift, transforming it into a core component of an all-in-one travel and expense management platform. The recent, albeit modest, hiring for two positions in July 2026 indicates ongoing development and resource allocation to further actualize this integrated platform vision.

Signal Types
Strategic Change Hiring
Strategic Labels
Strategic Acquisition Platform Integration Product Development
Next Move: Development
·
Impact: 9/10
·
Ideal For: Integrated Spend Management SaaS Investors

About Yokoy

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.

Taxonomy: Spend Management, Expense Management, Supplier Invoice Management, Corporate Cards, FinTech, Travel and Expense Management, Accounting Integration, Procure To Pay, Invoice Processing, Payments, Receipt Capture

Services & Products

Automated travel and expense processing
Centralized invoicing and VAT recovery
Intelligent invoice management
24/7 travel support
Seamless integrations with HR and finance apps
Travel and event planning
Real-time travel and spend visibility

Target Customers

Corporate Travel Managers Finance Teams Business Travelers SMEs in need of travel management Enterprises seeking expense management solutions

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Jan 2025
Series B •••••• 5
Investor Investor
•••• ••••
01 Mar 2022
Series A •••••• 2
Investor Investor
01 Oct 2021
Seed •••••• - 01 Mar 2020
Spinout •••••• 1
Investor
01 Mar 2019

Yokoy Alternatives & Competitors

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Yokoy vs
tmam
tmam United Arab Emirates

tmam is the simplest corporate card and spend management platform that helps you cut business costs....

Seed
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Yokoy vs
Apron
Apron United Kingdom

The home of bills, expenses and rewards.

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Yokoy vs
Mamo
Mamo United Arab Emirates

Collect customer payments, pay vendors and suppliers, and manage expenses. All in one platform.

Unknown
142 employees
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FAQ About Yokoy

The all-in-one spend management solution automating the expense, invoice & credit card processes of medium and big firms
Yokoy was founded in 2019.
Yokoy is headquartered in Zurich, Switzerland.
Yokoy operates in the following industries: AI, Finance, Financial Services, Fintech, Machine Learning.
Yokoy has approximately 222 employees.
Yokoy has completed 5 funding rounds, raising a total of $107.70M. The latest funding stage is Acquired.
Yokoy offers: Automated travel and expense processing, Centralized invoicing and VAT recovery, Intelligent invoice management, 24/7 travel support, Seamless integrations with HR and finance apps, Travel and event planning, Real-time travel and spend visibility.
Top alternatives and competitors to Yokoy include tmam, Apron, Mamo, Pluto, Moss. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yokoy and tmam are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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