FinTech Pipe has announced the acquisition of AI-powered spend management firm Geln.AI, as it seeks to become the first embedded finance company to bring together embedded capital and spend management for small businesses via its partners.
Glen.ai focuses on automation and AI-powered tools which aim to improve transparency across company expenses procedures, providing one-click access to spending trends, billing errors, and savings opportunities, as well as delivering real-time, cross-functional budgeting and bill pay tools.
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