Expensify Announces Revenue Share Program For ExpensifyApproved! All Registered Partners Will Now Receive 0.5% Revenue Share On Every Client's Expensify Card Purchases, In Addition To The Existing 1%-% Cash Back Reward Enjoyed By All Holders
Portfolio Pulse from Happy Mohamed
Expensify, Inc. (NASDAQ:EXFY) has announced a new revenue share program for its accounting partners. Starting in September 2023, all registered partners will receive a 0.5% revenue share on every client's Expensify Card purchases, in addition to the existing 1% to 2% cash back reward. The revenue share payments will be sent via Expensify's Bill Pay feature.
August 23, 2023 | 1:09 pm
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POSITIVE IMPACT
Expensify's new revenue share program could potentially increase the company's partnerships and revenues, which may have a positive impact on its stock price.
The new revenue share program is likely to attract more accounting partners to Expensify, which could increase the usage of Expensify Card and thus the company's revenues. This could potentially have a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100