Visma has acquired Mobilexpense, enhancing its expense management capabilities and expanding its presence in the European market.

Target Information

Mobilexpense, headquartered in Brussels, Belgium, provides a platform that enhances CFO workflows by automating intricate financial processes. This innovative solution aids clients in boosting operational efficiency while ensuring compliance with regulatory standards. Mobilexpense caters to a diverse clientele, including enterprises, large multinationals, mid-sized businesses, and smaller companies, with a strong foothold in markets such as Belgium, the Netherlands, Germany, and Sweden.

With more than 2,000 customers, Mobilexpense’s product offerings include three tailored solutions: MXP for large enterprises, Declaree for mid-sized firms, and Expense for smaller businesses. These tools enable companies to gain control over their expenditures, facilitate prompt reporting, and streamline reimbursement processes, ultimately enhancing employee satisfaction.

Industry Overview in Belgium

The financial technology sector in Belgium has seen remarkable growth, driven by an increasing demand for digital solutions in expense management and accounting. The evolution of financial software has led to improved efficiency, as bu