Sage Expense Management (formerly Fyle) icon

Sage Expense Management (formerly Fyle)

Sage Expense Management is an expense platform combining Sage Group's heritage (founded 1981, UK) with Fyle (founded 2016, Newark, Delaware by Yashwanth Madhusudan). Sage acquired Fyle on July 28, 2025 and rebranded in November 2025.

Overview

Sage Expense Management is an expense platform combining Sage Group’s heritage (founded 1981, UK) with Fyle (founded 2016, Newark, Delaware by Yashwanth Madhusudan). Sage acquired Fyle on July 28, 2025 and rebranded in November 2025. The platform’s key differentiator is its card-agnostic approach, working with existing Visa, Mastercard, and Amex cards without requiring card switching.

Highlights

  • Acquisition story: Sage acquiring Fyle (July 2025) to strengthen expense capabilities
  • Card-agnostic innovation: Works with existing Visa, Mastercard, Amex, no switching required
  • Real-time notifications: Instant transaction alerts for immediate expense capture
  • Multi-channel submission: Text, Gmail, Outlook, Slack, email, mobile expense capture
  • Sage ecosystem integration: Native connection to Sage accounting products
  • Pre-acquisition Fyle metrics: 1,600+ customers
  • “Intuitive expense management” philosophy: Respects existing banking relationships
  • Use cases: Expense reporting, receipt capture, corporate card reconciliation for Sage users

Founded

Sage Group 1981 (UK); Fyle 2016 (Newark, Delaware). Founded by Sage: David Goldman, Paul Muller, Graham Wylie. Fyle: Yashwanth Madhusudan (CEO)..

Headquarters

Newcastle upon Tyne, UK (Sage); Fyle integrated into Sage.

Ownership and funding

Sage acquired Fyle (July 28, 2025); rebranded November 2025.

Core technology

Card-agnostic, works with existing Visa, Mastercard, Amex (no switching). Real-time transaction notifications. Multi-channel expense submission (text, Gmail, Outlook, Slack, email, mobile).

Market position

SMBs using the Sage ecosystem; Fyle had 1,600+ customers pre-acquisition.

Product philosophy

“Make expense management intuitive”, card-agnostic approach respects existing banking relationships.

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