Expense management platform Captio has been acquired by Certify for an undisclosed sum, providing exits to Bankinter and Banco Sabadell.
Captio, a Spain-based expense management platform backed by financial services firms Banco Sabadell and Bankinter, has been acquired by expense management software provider Certify.
Financial terms of the transaction have not been disclosed. It marks Certify’s first acquisition outside North America, and the firm will use it as a base to enter the European market, with a specific focus on Spain, Portugal, Italy and France.
Captio was founded as invoicing services provider OnGest in 2009 but pivoted to its current…