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.
Funding
$40.6M 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.
PVFounders
Product
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.
Target Audience
Mooncard is designed for businesses of all sizes, from startups to large enterprises, particularly those with employees who regularly incur business expenses.
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