# Spendbase

> Spendbase helps finance, IT and operations teams manage software and cloud costs, negotiate vendor contracts and control business spending through corporate cards and multi-currency accounts. Its offering combines subscription visibility, purchasing support and payment controls.

- **Founded:** 2022
- **Headquarters:** Lewes, United States
- **Founders:** Andrew Alex (Andrii Aleksieienko) (Founder and CEO)
- **Products:** SaaS management, Vendor negotiation and discount marketplace, Cloud cost optimization, Procurement workflows, Digital banking and virtual cards
- **Notable:** Preply case study reports $500,000 in software savings; this is a company-published customer result., Selected among the fintech startups in the 4YFN25 Top 20 Awards report., Founder reported winning the Startup Glovo Competition and Kyiv Tech Hub 2023 pitching competition.

## Products & services

- **SaaS management** — Centralizes subscriptions, licenses, usage and renewals to identify unused seats and overlapping tools.
- **Vendor negotiation and discount marketplace** — Specialists negotiate software contracts; a marketplace offers prepared vendor deals.
- **Cloud cost optimization** — Supports cloud discounts and eligible cloud-credit opportunities. Credit awards depend on provider requirements.
- **Procurement workflows** — Routes purchase requests through configured approvals, including Slack-based workflows described in the company product materials.
- **Digital banking and virtual cards** — Business accounts and spending controls delivered through financial partners; introduced in 2025.
- **Physical cards and multi-currency accounts** — Current website advertises virtual and physical cards, balances in 12 currencies and transaction controls; availability varies by registration country.

## Achievements

- Preply case study reports $500,000 in software savings; this is a company-published customer result.
- Selected among the fintech startups in the 4YFN25 Top 20 Awards report.
- Founder reported winning the Startup Glovo Competition and Kyiv Tech Hub 2023 pitching competition.
- Received Google for Startups Ukraine Support Fund support in 2024.

## Latest updates

- **2026-10** — Website reviewed on October 24 leads with business accounts, physical and virtual cards and multi-currency payment controls. This is an observation date, not an asserted launch date.
- **2025-08** — Dnipro VC participation in a rolling SAFE was reported; amount and closing date were not disclosed.
- **2025-07** — Founder discussed the digital banking and virtual-card expansion in FinTech Forum.
- **2025-03** — TMT annual report disclosed a US$500,000 investment in Spendbase after the 2024 reporting period.

## Links

- Website: https://www.spendbase.co/
- LinkedIn: https://www.linkedin.com/company/spendbase/
- Twitter/X: https://x.com/Spendbaseapp
- YouTube: https://www.youtube.com/@Spendbase
- Instagram: https://www.instagram.com/spendbase/
- Facebook: https://www.facebook.com/spendbase/

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Profile page: https://yespress.io/spendbase
Published by YesPress — https://yespress.io
Last updated: 2026-10-24