Divvy, rebranded as BILL Spend & Expense, offers free expense software with physical and virtual corporate cards, budgets, and AI receipt capture for SMBs.
Divvy started in 2016 in Lehi, Utah as a corporate card and expense-management startup aimed at eliminating manual expense reports for small and midsize businesses. In 2021, Bill.com acquired the company in a roughly 2.5 billion dollar stock-and-cash deal, and the product now operates under the name BILL Spend & Expense, though it is still widely known and searched for as Divvy.
The platform pairs free software — budgets, approvals, receipt capture — with physical and virtual corporate cards that employees use for day-to-day spending. Because Bill.com makes money on card interchange fees and optional credit products rather than software licensing, the core expense platform itself carries no subscription fee.
Businesses can issue unlimited free virtual cards with custom spending limits tied to specific vendors, employees, or budgets, alongside physical cards for in-person purchases. Transactions post in real time, and AI tools automatically capture receipts, categorize spend, and generate expense memos so employees rarely need to submit a manual report.
Budget owners get approval workflows and real-time controls to cap spending by department or project before money goes out the door, rather than reconciling after the fact. The platform connects to major accounting systems including QuickBooks, NetSuite, Sage Intacct, Xero, and Microsoft Dynamics, and cardholders can earn cash-back and travel rewards on qualifying spend.
The BILL Spend & Expense software is free to use, with no per-seat licensing fee for creating budgets, issuing virtual cards, or running approval workflows. Businesses can sign up and start managing spend without a subscription commitment.
Revenue instead comes from interchange fees generated when the BILL Divvy Card is used, plus optional business credit lines that some customers qualify for based on underwriting. Businesses that only want the software without adopting the card may find some features, like physical card issuance, tied to using BILL's card program.
Yes, the core software — budgets, approvals, virtual cards, receipt capture — is free. Bill.com generates revenue through card interchange and optional credit products.
They're the same product. Bill.com acquired Divvy in 2021 and later rebranded it as BILL Spend & Expense, though it's still commonly referred to as Divvy.
Using the free software doesn't require a credit check, but qualifying for a business credit line through the BILL Divvy Card involves underwriting.
It integrates with QuickBooks, NetSuite, Sage Intacct, Xero, and Microsoft Dynamics.
Some core features work independently, but several capabilities, including physical card issuance and full budget-to-card controls, are built around using BILL's card program.