Enterprise Expenditure Management Platform "DBT" Won 92.5 Million US Dollars In C Round Financing

On March 16, according to media reports, the company's expenditure management platform "dbet" has recently completed a US $92.5 million round of c-round financing. This round of financing is jointly led by Hillhead venture capital and Tencent, followed by old shareholders IDG capital, ribbon capital, road capital and glade brook capital, and Yuanyi capital acts as the Financing Consultant. Since its establishment, DB has accumulated more than 1 billion yuan in financing.

According to the public data, fenbeitong mainly provides enterprise expenditure management services, including rent, supplier procurement, market fees, cloud server and other enterprise expenses, which can be paid and managed through DBT. At present, it has gradually covered all the expenditure scenarios of enterprises, creating a three in one mode of cost control + payment + scenario.

Employees can directly book air tickets, hotels, trains, cars, meals, etc. by directly booking tickets, hotels, trains, cars, meals, etc., employees can get rid of the trouble of applying at different levels and paying for their own money. By recharging the accounts, enterprises can no longer need to collect and check the paper invoice and then print the reimbursement steps.

According to information, the main company of fenbeitong is Beijing fenbei Jinfu Technology Co., Ltd., which was established in 2015 with Lanxi as its legal representative. Its business scope includes technology promotion service, organization of cultural and art exchange activities (excluding performances), conference services, design, production, agency and advertising.

It is reported that in 2020, fenbeitong will add two new products, namely virtual card and online banking payment, to provide enterprises with petty cash and bill payment solutions.