Jeeves
بواسطة Jeeves
Jeeves is a global financial operating system for businesses that consolidates corporate cards, multi‑currency business accounts, accounts payable (“Jeeves Pay”), cross‑border payments, and expense management into a single platform. The company positions itself as a borderless finance stack with localized issuing and proprietary infrastructure, enabling teams to “operate globally, spend locally” across North America, Europe, and Latin America. Public materials highlight 1% cashback, no recurring platform fees, and support for payments in 150+ countries with integrations into QuickBooks, Xero, and NetSuite—plus Apple Pay and Google Pay for mobile spend.
Jeeves emphasizes proprietary banking‑as‑a‑service rails and localized BINs that underpin cards and payments, alongside AI features for invoice capture and spend management. Its customer base includes high‑growth startups and mid‑market enterprises operating across multiple currencies and legal entities.
Founded in 2019 by Dileep Thazhmon (YC S20), Jeeves spent its first year building proprietary infrastructure and officially launched to the public in March 2021. Within one year of launch, Jeeves reported surpassing US$1 billion in annualized GTV and serving 3,000+ companies in 24 countries, signaling atypically rapid scaling for a B2B fintech platform.
From 2023 onward, the company expanded beyond corporate cards into prepaid local cards and cross‑border payments, moving funds across Brazil, Colombia, and Mexico far faster than legacy rails—part of a multi‑continent footprint that positions Jeeves as a global, localized provider.
Jeeves raised US$180 million Series C in March 2022 at a US$2.1 billion valuation, led by Tencent with participation from GIC, Andreessen Horowitz (a16z), CRV, Silicon Valley Bank, and others—coming just seven months after its US$57 million Series B. Public sources report ~US$380 million raised across equity and debt facilities in the twelve months preceding Series C.
To finance product expansion in Latin America, Jeeves secured a US$75 million credit facility (May 2024) with Community Investment Management (CIM), targeted at scaling Jeeves Pay and credit-backed cross‑border payments, including extended terms in Brazil. Analyst databases and industry press corroborate the company’s funding timeline and private status.
Cards & Spend Management. Jeeves issues virtual and physical cards with 1% cashback, advanced spend controls, receipt/memo enforcement, and unlimited issuance for distributed teams—shipped globally. It supports local currency issuance, mobile wallets, and real‑time policy enforcement via the platform.
Jeeves Pay (Accounts Payable & Cross‑Border). Companies can pay vendors in 150+ countries with multi‑language invoice scanning and AI-assisted capture, schedule domestic and international payments, upload CSVs for bulk payments, and choose prepaid vs. credit at the point of payment (with terms up to 37 days in certain markets). The platform also exposes accounts receivable features to get paid in multiple currencies and minimize FX.
Multi‑Currency Business Accounts. Jeeves offers global business accounts to hold, send, receive funds across currencies, with an advertised yield on certain balances and consolidated visibility across entities.
Accounting Integrations & Mobile. Direct connectors to QuickBooks Online, Xero, NetSuite support faster month‑end closes; mobile apps and wallets give managers and employees control wherever they spend.
As of public sources checked, there are no widely reported acquisitions by Jeeves. Instead, expansion has largely come via product breadth and geographic rollouts. In July 2023, Jeeves announced prepaid local cards and global cross‑border payments, including near‑instant movements across Latin American corridors—this broadened the platform from a corporate-card-centric solution to a full AP and payments stack.
In 2024, the company focused on Jeeves Pay expansion (credit lines for payments, vendor payouts, flexible terms) and subsequently introduced “Instant Pay” corridors leveraging stablecoin rails to achieve minute‑level settlement and up to 80% FX cost reductions compared with traditional SWIFT transfers—initially between Mexico ↔ U.S., with extensions to Brazil, Colombia, Europe, and Asia announced in late 2025.
Jeeves has shipped frequent updates:
Public materials describe Jeeves as remote‑first with five hubs (Mexico City, Toronto, London, Bogotá, São Paulo) and 150+ employees across 25+ supported countries. The Careers page emphasizes values like low ego, high output, diversity, ownership, and embracing “organized chaos” to build in ambiguous spaces—reflecting the company’s rapid international expansion ethos.
Leadership communications also stress customer‑centricity and speed, with consistent messaging about freeing finance teams to focus on growth by consolidating tooling and reducing manual work.
Jeeves reports serving thousands of companies across 20–25+ countries, citing clients such as Kavak, Belvo, Rappi, Burger King, H&M, Blueground, and others; public sites and press releases reference ratings (e.g., G2 4.8) and endorsements from founders and CFOs operating multi‑entity structures. The company claims US$3+ billion moved globally by Aug 2024, broadening into EMEA while deepening LATAM penetration through localized issuing and payments rails.
Community engagement appears via newsroom posts, partner integrations, and regional partnerships (e.g., corporate travel and embedded finance pilots in Brazil). Jeeves positions its network effects—localized rails, instant corridors, and consolidated tooling—as levers for adoption among mid‑market and enterprise teams with international operations.
