Fillip offers a pre-funded fuel card solution that enables businesses to manage employee spending on fuel and maintenance through real-time transaction monitoring and customizable purchase controls. This system addresses the challenges of expense tracking and fraud prevention, allowing companies to streamline their financial operations and reduce administrative overhead.
Funding
$5.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WFounders
Product
Problem
Managing and tracking fuel and maintenance expenses for fleets often involves manual processes, leading to lost receipts, inaccurate expense reports, and potential fraud. Traditional methods lack real-time visibility into spending, making it difficult to enforce budget controls and optimize fuel consumption across the fleet.
Solution
Fillip provides a digital fuel card solution that allows businesses to manage and control employee spending on fuel and vehicle maintenance. The platform offers instant digital card delivery, eliminating the need for physical cards and enabling quick addition or removal of drivers. Real-time transaction monitoring and customizable purchase controls provide visibility into spending patterns, helping to prevent fraud and enforce company policies. Digital receipts and monthly statements streamline expense reporting and reconciliation, reducing administrative overhead for accounting teams.
Target Audience
Fillip is designed for businesses with fleets of vehicles, including those in construction, moving, delivery, and plumbing, seeking to streamline fuel and maintenance expense management.
Features
- Instant digital card issuance and management through a mobile app or online portal
- Real-time transaction monitoring with alerts for suspicious activity
- Customizable spending controls, including purchase frequency and product type restrictions
- Digital receipt capture and storage for simplified expense reporting
- Integration with telematics providers for comprehensive fleet management
- Compatibility with Apple and Google Wallet for secure and convenient payments
- Access to a fuel rebate network with over 3,000 eligible stations across Canada