Levenue and Spendbase partner to help SMEs control SaaS costs

By Gloria Methri

Spendbase and Levenue have partnered to empower SMEs to automate corporate spend management and access flexible alternative financing options to support their growth.

The collaboration combines Levenue’s strength in non-dilutive growth capital with Spendbase’s spend management solutions, which simplify financial operations for fast-growing companies.

Through this partnership, Spendbase users will gain access to flexible financing options on Levenue’s alternative finance marketplace. This will enable them to scale without sacrificing equity, staking personal assets as guarantees, or incurring high interest rates.

Levenue connects SaaS businesses with investors across the UK and Europe, enabling companies to secure funding based on their monthly recurring revenue (MRR) in 16 connected countries in Europe. To date, the company has enabled investors to provide 750+ startups with over £400m in total financing.

Founded in 2022, Spendbase has emerged as one of the top solutions for companies looking to gain control over their corporate spending. From SaaS subscriptions to cloud and corporate card management, Spendbase automates the entire process, offering real-time tracking and expense optimisation.

On average, mid-sized companies use more than 200 SaaS products, spending up to $5m annually. But without proper tracking, many end up overspending – whether by paying for unused services, purchasing redundant software, or forgetting to update user access.

Today, the Spendbase platform helps businesses save between $500K and $1m annually, avoiding overspending and inefficiencies that can result in financial losses.

“We are thrilled to partner with Levenue to offer our customers more than just visibility into their spending,” said Andrew Alex, CEO of Spendbase. “Now, they’ll have access to financing solutions that help them grow sustainably while avoiding the pitfalls of traditional loans or equity dilution. By providing additional financial tools, Spendbase enables companies to scale with confidence and maintain financial stability.”

Ben Rieder, Co-founder and CEO of Levenue, said, “Together, Spendbase and Levenue offer a comprehensive solution that not only helps businesses control their corporate expenses but also provides them with the capital they need to fuel their growth. By automating spending processes and introducing funding, mid-sized companies can now maintain financial health while scaling effectively.”