Fintech startup Coast raises $35 million to better track what… | HappeningNow.news

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Fintech startup Coast raises $35 million to better track what workers do with company credit cards

Getting the job done means trusting workers to spend company money—and keeping track of where it goes.

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Summary

Getting the job done means trusting workers to spend company money—and keeping track of where it goes. In industries like plumbing and construction , employees often carry company cards to buy fuel and supplies, while office staff sort through receipts to check that spending stays within bounds. Coast, a New York-based startup, wants to make this process more transparent by pairing company payment cards with software that helps businesses control spending and track purchases made on the job.

Read original at Fortune

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