Qashio launches UAE’s first corporate spend solution

The first corporate expense management card and software for business transactions have been launched in the UAE by Qashio, a fintech startup with its headquarters in the UAE, giving businesses new levels of spending control.

Business owners and finance executives can have complete visibility into and sophisticated control over all spending thanks to the enterprise-grade expense management software. The fintech is the first in the region to introduce corporate debit cards for business transactions that are issued by the UAE.

The goal of Qashio is to make expenditure management as simple as possible. Companies can choose whether they want a virtual-only card or a physical card to go along with their corporate cards, which can be issued instantaneously.

The software also enables a variety of limitations to be applied to the card, such as setting budgets by day, week, or month, limiting usage of vendors or categories, limiting ATM withdrawals, setting a date for the card’s suspension, and managing the card’s status.