Extend Wraps Up 2023 Poised For Growth; Lays Framework for Connected Payments
Extend, a leading virtual card and spend management platform, closed out a strong 2023 with a number of key developments that expanded the company's reach and capabilities. With the addition of strategic partnerships and innovations, Extend is well-positioned to capitalize on the $3T virtual card market, which is expected to grow 355% to $14T by 2028, according to Juniper Research.
"Payment capabilities should make your life easier, not harder. That's why our purpose is to give every business the tools to achieve more with what's already theirs - namely, their credit lines, their bank relationships, and their business software," said Andrew Jamison, CEO & co-founder of Extend. "I'm immensely proud of the milestones we achieved as a company in 2023 in pursuit of that goal, and our team is eager to continue building on this momentum in 2024."
2023 by the Numbers
2023 in Partnerships & Integrations
As a payments partner to financial institutions and software providers, Extend speeds innovation for a growing number of companies. Developments in 2023 included:
Extend deployed numerous features and user interface enhancements, including:
Extend turns your business credit card into a spend management platform so you can achieve more with what's yours. Thousands of companies use Extend's virtual cards, insights, and controls to empower their teams, streamline payment processes, and manage billions of dollars in transactions - all while keeping the financial partners they know and trust. Extend was founded in 2017 by industry veterans of American Express, Capital One, and other Fortune 500 companies. For more information, visit paywithextend.com or follow Extend on LinkedIn.