Swiss spend management startup Yokoy gets acquired by TravelPerk

28.01.2025 12:00, Rita Longobardi

In a key development for corporate travel and expense management, TravelPerk has acquired Yokoy, an AI-powered spend management platform. This acquisition combines the strengths of two leading platforms to offer businesses a comprehensive solution for managing travel, expenses, and payments, simplifying operations on a global scale.

The Fintech company Yokoy, a podium-holder at the TOP 100 Swiss Startup Awards for three consecutive years, is starting a new chapter by teaming up with TravelPerk, a global leader in business travel solutions. This acquisition combines Yokoy’s innovative AI-driven spend management platform with TravelPerk’s expertise, creating a single solution for corporate expense and travel management.

With over 700 companies already relying on its technology, Yokoy has redefined financial workflows through automation, making expense processing, invoicing, and payments more efficient. Now, in partnership with TravelPerk, Yokoy will offer businesses an integrated platform that simplifies operations, improves visibility, and strengthens compliance, all while retaining the flexibility and intelligence its users value.

Yokoy customers can continue using the platform as they always have, while also gaining access to TravelPerk’s extensive travel tools. Together, the two companies are setting a new standard for how businesses manage travel and expenses.


Dominik Meier, Account Executive at Yokoy, and Stefan Steiner, Co-Managing Director at Venturelab, at the last TOP 100 Swiss Startup Awards Night stage