Fyle, which makes an artificial intelligence-enabled expense management platform, has updated its software and also launched an integration with the messaging app WhatsApp. Other software enhancements include an API integration for banks and card issuers, as well as ACH payment integration. Fyle already integrates with Google G Suite and Microsoft Office 365.
Fyle also announced an additional $4.5 million in venture capital investment to satisfy enterprise demand for its AI-powered expense management platform, bringing its total equity funding to $10.6 million. Steadview Capital joins Fyle’s Series A round of funding with continued participation from Tiger Global, Freshworks and Pravega Ventures.