Spendbase, a Google-backed fintech company based in the US that helps businesses reduce spending on SaaS and cloud services, has entered into a strategic partnership with Wayliv, a Spain-based relocation platform that supports individuals, companies, and organisations in moving and establishing operations in Spain.
As part of the collaboration, Wayliv clients will gain access to Spendbase’s neo-banking services, aimed at simplifying company formation.
One of the key requirements for registering a business in Spain is opening a bank account, a step that can now be completed through Spendbase.
“Relocation and business setup are often complex, and opening a bank account can be one of the most time-consuming hurdles. By partnering with Wayliv, we’re removing friction from this process and making it easier for companies to establish themselves in Spain,”
said Andrew Alex, CEO of Spendbase.
Through the integration, Wayliv clients will be able to set up bank accounts more efficiently, access savings on SaaS and cloud tools, and use virtual corporate cards with cashback features.
“Our mission at Wayliv is to make relocation and non-core business operations hassle-free, in Spain, for now. Partnering with Spendbase means Patrons [Wayliv’s client designation] are not left to navigate the bureaucratic, legal, and financial setup on their own. They can launch and manage their businesses in Spain faster and simpler, like nowhere else,”
said Jon Oyarbide Mendieta, Managing Partner at Wayliv.
Featured image credit: Edited by Fintech News Switzerland, based on image byMax Harlynking via Unsplash
