Looking to simplify, save time and take control of your business expenses?
Penny Inc is the ultimate solution, a smart expense management app integrated with a prepaid debit Penny MasterCard or virtual card.
Track your expenses in real-time as Penny card transactions automatically download into your online accounts ledger.
Eliminate the need for petty cash and manual reimbursement claims.
Remove the commingling of personal and business spending forever.
The best part? It’s completely free - no sign up, monthly or transaction fees.
How it works
Simplify. Save time. Gain control.
Penny provides full visibility into employee spend and the ability to enforce policy and compliance.
Fast and easy set-up
Online registration takes less than ten minutes, and Penny MasterCard Debit cards are delivered within seven days.
Control your business expenses
Track transactions in real-time to oversee where and how each Penny card is used. Restrict merchants and/or set daily spending limits on employee cards.
Request funds on the go
Paired with a mobile application, employees can request funds, make payments, and check their fund balances. You can approve fund requests from anywhere, anytime, to instantly transfer funds to Penny cards.
Expense tracking reminders
Penny Inc’s mobile app prompts the purchaser to photograph the receipt at the time of purchase and attaches it to the transaction, instantly stored for the company administrator to access.
Alignment with accounting software
Transactional data made on Penny cards can be exported to various accounting programs, or seamlessly integrated to Quickbooks via a real-time sync.
No maintenance or usage fees
The Penny Inc desktop application, cardholder app and prepaid debit MasterCards and virtual cards are all free.
Why people love us
We're making headlines
Read about our amazing growth and how our technology is transforming businesses.
Tax time is not all bad news; there can actually be some positives to gain. For one, it forces you to review the health of your business accounts, placing your financial behaviours under the microscope. So what better opportunity to make changes now to benefit the future you?
We tell you how to make tracking employee business expenses easier when they’re on the road.
It’s the season to be jolly, but some of your employees may have taken that cliché too literally over the holiday season… so how do you stop them from overspending on the corporate credit card?
Perth-based fintech startup Penny Inc has been named a finalist in a global app competition coordinated by Intuit QuickBooks.