Mooncard

About Mooncard

Mooncard offers a corporate payment card and an automated expense management platform that streamlines the entire process from payment to accounting. By digitizing expense claims and providing real-time visibility, it reduces manual processing time by up to 38 hours per month and ensures 97% of receipts are collected within 24 hours.

<problem> Managing employee expenses through traditional methods is often time-consuming and prone to errors, requiring manual data entry, receipt tracking, and reconciliation. This can lead to delays in reimbursement, inaccurate financial reporting, and a lack of real-time visibility into company spending. </problem> <solution> Mooncard provides a corporate payment card and automated expense management platform designed to streamline the entire expense process, from payment to accounting. The platform offers real-time visibility into spending, automates receipt collection, and simplifies expense reporting. By digitizing expense claims and integrating directly with accounting systems, Mooncard reduces manual processing time and improves accuracy. The system includes customizable spending rules, virtual and physical card options, and a mobile app for on-the-go expense tracking. </solution> <features> - Physical VISA payment cards and virtual cards with customizable spending limits - Mobile app for automated receipt capture, expense reporting, and mileage tracking - Real-time expense tracking and reporting dashboards for finance teams - Automated reconciliation with accounting software through native integrations and APIs - Customizable spending rules and approval workflows to enforce company policies - Secure storage and archiving of expense data with probative value - Compatibility with Apple Pay and Google Pay for contactless payments - Solution Mobilité: card accepted in 100% of service stations, access to 300,000 electric charging points in Europe, definition of custom mobility spending policy, multi-use (fuel, tolls, washing, parking), automatic calculation of mileage costs </features> <target_audience> Mooncard is designed for businesses of all sizes, from startups to large enterprises, particularly those with employees who regularly incur business expenses. </target_audience> <revenue_model> The company generates revenue through subscription fees for its platform and potentially through interchange fees associated with card usage. </revenue_model>

What does Mooncard do?

Mooncard offers a corporate payment card and an automated expense management platform that streamlines the entire process from payment to accounting. By digitizing expense claims and providing real-time visibility, it reduces manual processing time by up to 38 hours per month and ensures 97% of receipts are collected within 24 hours.

Where is Mooncard located?

Mooncard is based in Paris, France.

When was Mooncard founded?

Mooncard was founded in 2016.

How much funding has Mooncard raised?

Mooncard has raised 40600000.

Location
Paris, France
Founded
2016
Funding
40600000
Employees
111 employees
Major Investors
Portage Ventures, Orange Ventures

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Mooncard

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Executive Summary

Mooncard offers a corporate payment card and an automated expense management platform that streamlines the entire process from payment to accounting. By digitizing expense claims and providing real-time visibility, it reduces manual processing time by up to 38 hours per month and ensures 97% of receipts are collected within 24 hours.

mooncard.co10K+
cb
Crunchbase
Founded 2016Paris, France

Funding

$

Estimated Funding

$20M+

Major Investors

Portage Ventures, Orange Ventures

Team (100+)

No team information available.

Company Description

Problem

Managing employee expenses through traditional methods is often time-consuming and prone to errors, requiring manual data entry, receipt tracking, and reconciliation. This can lead to delays in reimbursement, inaccurate financial reporting, and a lack of real-time visibility into company spending.

Solution

Mooncard provides a corporate payment card and automated expense management platform designed to streamline the entire expense process, from payment to accounting. The platform offers real-time visibility into spending, automates receipt collection, and simplifies expense reporting. By digitizing expense claims and integrating directly with accounting systems, Mooncard reduces manual processing time and improves accuracy. The system includes customizable spending rules, virtual and physical card options, and a mobile app for on-the-go expense tracking.

Features

Physical VISA payment cards and virtual cards with customizable spending limits

Mobile app for automated receipt capture, expense reporting, and mileage tracking

Real-time expense tracking and reporting dashboards for finance teams

Automated reconciliation with accounting software through native integrations and APIs

Customizable spending rules and approval workflows to enforce company policies

Secure storage and archiving of expense data with probative value

Compatibility with Apple Pay and Google Pay for contactless payments

Solution Mobilité: card accepted in 100% of service stations, access to 300,000 electric charging points in Europe, definition of custom mobility spending policy, multi-use (fuel, tolls, washing, parking), automatic calculation of mileage costs

Target Audience

Mooncard is designed for businesses of all sizes, from startups to large enterprises, particularly those with employees who regularly incur business expenses.

Revenue Model

The company generates revenue through subscription fees for its platform and potentially through interchange fees associated with card usage.

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