Fenbeitong

Founded in March 2016, Fenbeitong is a next-generation enterprise expenditure management platform integrating "software + payment". Through four corporate payment methods: App payment, virtual card payment, online banking payment, and direct connection payment, it covers six major enterprise expenditure scenarios: business travel and dining, office procurement, subsidies and benefits, revolving funds, employee reimbursement, and corporate payments. It manages all corporate expenses with one platform.
Since its establishment, Fenbeitong has received investments from renowned institutions such as DST, Hillhouse, Tencent, IDG, China Growth Capital, CreditEase, and Ribbit, with cumulative financing of nearly RMB 2 billion.
Fenbeitong is the first in the industry to provide hundreds of millions of professionals with a brand-new experience that completely eliminates reimbursement, and through pre- and post-expense control systems, it achieves a closed loop of enterprise expenditure control. Currently, Fenbeitong has successfully helped more than 2,500 medium and large high-growth enterprises overturn the traditional reimbursement model, with an average improvement in financial management efficiency of about 90% and cost savings of about 20% per enterprise. In addition, Fenbeitong can provide exclusive solutions covering industries such as software SaaS, new retail, intelligent manufacturing, traditional manufacturing, restaurant chains, construction engineering, home furnishing and decoration, and trade and logistics.
With the mission of "advancing step by step to drive changes in the corporate payment experience," Fenbeitong is committed to bringing enterprises the same convenient payment experience as personal payment, leading corporate payment into a new era.