Yokoy
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Yokoy was a Swiss AI-powered spend management platform founded in 2019 in Zurich. It automated expense reports, invoices, and corporate card payments for medium and large companies, serving more than 700 customers. In 2024 Sifted named it the fastest-growing B2B fintech brand in Europe.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Founded in Zurich to automate corporate expense, invoice, and card payment processes with AI.
- Rapid growth
Named the fastest-growing B2B fintech in Europe by Sifted; 250 employees, 500+ companies on the platform.
- Acquired by TravelPerk
Acquired by travel management company TravelPerk (rebranded Perk) alongside its $200 million Series E; deal terms undisclosed.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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