Provides a branded metal credit card for employees that integrates expense management, stipends, and perks into a single platform. This solution reduces corporate spending, streamlines expense reporting with instant reimbursements, and consolidates multiple vendor tools, saving time and costs for businesses.
Funding
$4.5M 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.
Founders
Product
Problem
Managing employee expenses, stipends, and perks often involves multiple platforms and vendors, leading to fragmented processes, increased administrative overhead, and difficulties in enforcing spending policies. Traditional expense reporting is time-consuming for both employees and finance teams, and can result in delayed reimbursements and missed savings opportunities.
Solution
Hypercard offers a unified platform that consolidates expense management, stipends, and employee perks into a single, branded metal credit card solution. By leveraging AI-powered autonomous back office intelligence (ABI), Hypercard automates expense filing, enforces spending policies, and integrates with existing accounting and HRIS systems. The platform allows employees to connect personal or corporate cards, submit expense reports with a single click, and receive instant reimbursements. Hypercard also provides pre-negotiated benefits and stipends, enhancing employee satisfaction while reducing corporate spending and streamlining vendor management.
Target Audience
Hypercard targets companies of all sizes, particularly those with a distributed workforce, that are seeking to streamline expense management, reduce administrative costs, and improve employee satisfaction through integrated perks and benefits.
Features
- Branded metal credit cards for employees with no annual fee
- AI-powered expense automation that extracts data from receipts and calendars
- Real-time policy enforcement with customizable rules defined in plain English
- Integration with over 200 accounting and HRIS systems via API
- Instant reimbursements to employee cards upon expense approval
- Stipend management with location and time controls
- Pre-negotiated perks, including discounts on travel, wellness, and entertainment
- Cashback rewards on all purchases, with flexible point allocation
- Customizable reporting dashboards with actionable insights on spending and compliance
- Worry-free offboarding that transitions the card to a personal rewards card