Spendesk marks its tenth anniversary

Spendesk, a company that helps businesses manage their expenses, reached its tenth anniversary in 2026. Its founder Rodolphe Ardant and CEO Axel Demazy reflected on the company's growth and future direction during this milestone.

Focus on European market

Ardant highlighted that one of Spendesk's main achievements was successfully building a business in Europe. He explained that while the U.S. market might have had more technological advantages, the company chose to focus on Europe to be closer to its customers and create a product tailored to their needs.

Lessons from ten years

Looking back, Ardant identified two key lessons: the importance of opening local offices across Europe and fostering a strong corporate culture to manage diverse nationalities and backgrounds within the company.

AI's role in financial solutions

Demazy emphasized the growing role of artificial intelligence in financial management. He noted that while there was initial hesitation about using AI for financial decisions, trust in the technology is increasing, allowing for more automated spending processes.

Future plans and growth

Ardant said that going public in 2036 is not an immediate goal, as the company has a development plan that can be funded with its current capital. However, he acknowledged that future possibilities remain open.

Electronic invoicing reform benefits Spendesk

The electronic invoicing reform, which began in September 2026, has been a positive development for Spendesk. The company is an approved platform under the reform and has integrated electronic invoicing into its services without extra costs to customers.

Evolution of BtoB financial management

Ardant noted that when Spendesk started, there was no distinct field called spend management. The company played a role in creating this market and setting its standards, and now the sector is being reshaped by the AI revolution.

Super apps in financial sector

Demazy discussed the trend of "super apps" in finance, where multiple functions are combined into a single platform. He suggested that while this may happen in some areas, larger companies like Spendesk are more likely to develop an ecosystem of interconnected platforms with a seamless user experience.