5 years ago

Sweep Raises €1 Million to Expand Expense and Travel Management Platform

  • Sweep, a London-based expense and travel management platform for SMEs, has secured €1 million in funding, including a Seedrs campaign and a grant from Innovate UK

  • The company leverages Open Banking technology to automate essential business processes, driving efficiency and productivity

  • The funding will be used to further develop existing tools, create new features, and launch a travel management platform

  • Sweep aims to help businesses gain better insight, visibility, and control over their finances.

      • ProblemTechnology

      "Small and medium-sized businesses (SMEs) struggle to manage their expenses and travel effectively, leading to inefficiencies, wasted time, and potential fraud."

      Solution

      "Sweep provides an automated expense and travel management platform that leverages Open Banking technology to track transactions in real-time, categorize expenses automatically, generate reports, and analyze data to identify savings opportunities. This helps SMEs save time, reduce costs, and prevent fraud."

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