British fintech startup partners with Xero for easier expense filing
London-based Curve hopes to make filing expenses easier for employees
Fintech startup Curve has partnered with accounting software company Xero to make filing expenses easier.
Curve combines a user's credit and debit cards into one payment card, which works everywhere MasterCard is accepted. It comes with a free to use app, although there is a paid version with more features as well.
Curve will launch the expenses filing feature this week with Xero, connecting the Curve app to the accounting software to allow users to file their expenses automatically.
Former Barclays director of customer experience and Curve product lead Arthur Leung said: "Instead of wasting one day a month on business expenses admin, just connect your cards to a Xero account through the Curve app, and Curve will do your expenses for you. It's effortless."
Curve hopes the new feature will manage businesses' spending more efficiently by removing manual data entry, eliminating client errors and automatically importing the right tax data to Xero for every transaction.
Edward Berks, director of financial web and ecosystem at Xero said: "Our new partnership with Curve makes managing your business spending even easier, freeing up time that can be spent on growing your business instead. And since it reduces manual data entry, reconciliation and human error as a result, our accounting and bookkeeping community will benefit too."
The news follows startup 10x raising 34 million in a Series A funding round in September. Founded by a Barclays ex-CEO, the fintech startup aims to change the way financial services operate through its digital banking platform and offer services better tailored to a customer's needs.
Image source: Curve
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