Adyen, a financial technology platform of choice for leading businesses, has announced its long-term strategic partnership with Spendesk, the complete spend management platform for medium-sized businesses. The partnership will support innovation in embedded financial services, as Spendesk continues to accelerate bringing products to market in 2025, and Adyen continues to build its suite of embedded financial products, including business bank accounts and card issuing.
Spendesk offers a comprehensive spend management solution that enables finance teams to automate workflows and gain full visibility and control over company spending. Providing essential tools like virtual and physical cards, expense management, and a new procurement solution, Spendesk also allows businesses to work with their existing accounting and financial software via its APIs and native integrations.
Scaling rapidly, Spendesk chose Adyen for its full stack Banking-as-a-Service (BaaS) coverage across multiple key markets, which eliminates complex multi-provider set-ups. With Adyen’s UK banking licence, this partnership empowers Spendesk to maintain full control over the payment experience, provide its UK customers with the card customisation they need, and embed financial products beyond payments going forward.