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Perk Brings Fintech Product to US

Expansion of Perk Spend follows launch in Europe

Written by:

Harvey Chipkin

Published on:

Image: Courtesy of Perk

Perk, a travel and spend management platform, announced it has expanded its fintech product Perk Spend into the US, where the company’s customers already spend over $1 billion a year on work travel and team events.

The expansion, according to the announcement, follows Perk’s successful launch of Perk Spend in Europe, where up to 40% of new deals are for the combined Travel and Spend offering. The company expects the same in the US, a region which already drives 30% of its new business globally. That momentum, said the announcement, is built on real product depth; one data layer across travel, spend and event; an MCP (model context protocol) server that lets customers book and manage it all from Claude and ChatGPT; and automation already handling 96% of travel bookings and 90% of expense reports with zero human touch.

Avi Meir, CEO, said, “US companies are spending more on travel every year, but the tools to manage it aren’t keeping up.” He added, “We’ve built one AI-native travel and spend platform with agentic capabilities for how American companies actually work.”

Perk Spend offers, according to the company:

  • Bring your own corporate card: Customers can use an existing corporate card program and connect to Perk Spend, fully integrated with Perk Travel, so every transaction reconciles through one system. 
  • Direct reimbursement: Employees who pay out of pocket get reimbursed straight to their bank account, no payroll wait. Perk captures the receipt, matches it, codes it and pays out automatically once approved.
  • Global, customizable per-diems: Smart limits pull in country- and city-level per diem rates, adjusting automatically on multicountry trips to keep teams tax compliant.
  • Native Integrations with leading enterprise resourcing planning programs (ERPs): Perk connects directly with leading ERPs, including NetSuite, Microsoft Dynamics, QuickBooks and SAP S4 for a smooth path from card swipe to export.
  • Perk Card: Coming soon, Perk will bring a corporate charge card to the US that allows customers to manage spend controls, earn cash back and pay securely around the globe.
  • Pay and earn rewards with personal cards: Travelers gain their loyalty and credit card points by paying travel providers directly on Perk for their flights and hotels. 

Nikita Miller, chief product officer, said: “Finance leaders don’t want to choose between control and flexibility; they want both. Perk Spend gives them real-time visibility into every dollar spent, while letting employees keep the corporate card, the personal card or the points they’ve already earned.”

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