Spendesk Raises €8M Series A Led by Index Ventures

Spendesk, a Paris-based fintech focused on company spending management, raised €8 million in a Series A round led by Index Ventures. The funding follows a €2M seed round raised in 2017 and will be used to accelerate expansion of its platform for managing business purchases across Europe. Spendesk provides embedded financial tools for businesses, including virtual and physical payment cards, expense management, and invoice processing.

The round supports product development and geographic expansion in the European market. The company's platform embeds payments and card issuance into enterprise workflows, positioning it within the broader embedded finance ecosystem. No specific valuation was disclosed.