Sensibill partners CARRY to bring robust digital finance solution to SMEs
By Pavithra R
Sensibill, a leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, has announced partnering with CAARY, new credit and financial platform for small and medium-sized enterprises (SMEs).
Through the collaboration, the companies will offer a seamless, end-to-end financial services solution for SMEs that includes credit, payment solutions, receipt capture, expense management and automated reconciliation.
“We were looking for a strong partner with a progressive approach to round out our platform. With Sensibill, our customers have access to a leading digital receipt management solution as well as deep, contextual insights to proactively identify their financial needs and spending habits. This provides huge opportunities for SMEs to save money and optimize spend,” said John MacKinlay, CEO of CAARY.
CAARY, which launches this fall, is targeting the more than 800,000 Canadian SMEs that still don’t have access to business credit. The fintech, later this year plans to build out its financial platform with enhanced features, including Sensibill’s Spend Manager.
Sensibill leverages AI and machine learning technology combined with SKU-level insights to provide best-in-class receipt capture capabilities, offering proactive and personalized financial advice, such as identifying potential savings opportunities. Along with having access to business credit, these features can significantly enhance the overall financial health of an SME.
“CAARY is dedicated to filling the financial gaps for small and medium-sized businesses, which aligns closely with our mission of making financial wellness attainable for all. Together, we’re eliminating the hassle associated with traditional receipt tracking, digitizing the process and incorporating new levels of convenience, speed, and accuracy into expense management. Plus, we’re providing deep SKU-level insights that enable personalized experiences, a key competitive differentiator in today’s crowded financial services landscape,” said Corey Gross, Co-founder and CEO of Sensibill.
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