• Reimbursement and spend management platform PayEm secures $220M in equity and debt

    14 days ago - By Tech Crunch

    When Itamar Jobani, a software developer by trade, was working for a healthcare company, he dreaded doing expense reports every month using his employer's preferred reimbursement tool. Jobani looked for an alternative, but didn't end up finding one - and so he built it himself.
    PayEm , as it came to be known, launched in 2019 - Jobani partnered with fellow developer Omer Rimoch to get the idea off of the ground. Creating a spend and procurement platform from scratch might've been a big risk, but it appears to have paid off for Jobani, who claims that PayEm now has “hundreds” of customers...
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