What is Penny?
Penny is a Debit Corporate Mastercard that seamlessly integrates with an expense management application, making it easier to handle expenses. This app provides users with the ability to monitor employee spending and establish spending caps. Additionally, employees can conveniently upload and record receipts for all business-related transactions conducted with Penny. Furthermore, Penny enables users to authorize fund transfers and facilitates instant money transfers. With these features, managing corporate expenses becomes more streamlined and efficient than ever before.
Pricing
Price Overview:
mobile app and first four cards free, additional cards $5 each
Free Version:
Free Version available.
Integrations
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Juni
You currently monitor your Return On Ad Spend, but with Juni, you can manage your entire business seamlessly through our ecommerce-focused financial management platform.
Juni is designed to match your dedication:
*Monitor your finances through a single dashboard that provides a comprehensive view of all your bank accounts, networks, and payment services.
*Open accounts and cards in multiple currencies, including USD, EUR, GBP, and SEK.*
*Enjoy 2% cashback during your first 30 days, with a subsequent rate of up to 1%.
*Make transactions and receive payments in the appropriate currency to steer clear of significant foreign exchange fees.
*Enhance your cash flow with adaptable credit limits ranging from £10k to £2M**.
*Benefit from personalized assistance with dedicated account managers.
*Observe your business's progress over time, similar to tracking your preferred stock ticker.
Juni is tailored for ecommerce enterprises, marketing and advertising agencies, as well as media buyers.
Signing up is entirely free. Apply now or schedule a demo to discover all that we offer.
*Please note that SEK accounts and cards are available exclusively for EU-based companies.
**This offer is applicable only to UK businesses, contingent on eligibility. Terms and conditions apply; visit our website for more details.
For additional information regarding Mastercard, please enable subtitles on the accompanying video.
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Screenshots and Video
Company Facts
Company Name:
Penny
Date Founded:
2012
Company Location:
United States
Company Website:
thepennyinc.com
Product Details
Deployment
SaaS
Training Options
Documentation Hub
Online Training
Support
24 Hour Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English
Penny Categories and Features
Expense Report Software
Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management
Penny Customer Reviews
Write a Review-
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
The best virtual mastercard platform for RDS
Date: Aug 27 2021SummaryWe attended a conference and signed up same day. We were instantly approved and have now used the system for nearly a year without any hitches. Very good experience to date.
PositiveWe can generate new cards for staff on the fly and they can pay using their apps. This means there is no more chasing receipts from drivers or worrying about card security (we lost a few cards to drivers misplacing them in the past). We can even lock the payment system down to only selected vendors. Total peace of mind.
NegativeNone so far there is $0 monthly fee and no lock-in contracts
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