Executive summary
UK expense management is shifting from receipt capture apps to card led spend platforms that earn interchange and charge less per user. Software only vendors defend with accounting depth and approvals for larger finance teams.
Market overview
Card led platforms such as Spendlane give the software away and earn interchange, while Claimbook still charges £9 per active user and cut that price by 10 percent this month to defend mid-market accounts. Changelog spendlane 02 Oct Pricing page claimbook 04 Oct
UK employers spend about £610M a year on expense and spend management software. Estimate Method in appendix
Competitors
8 shown
| Company | Segment | What matters now | Source |
|---|---|---|---|
|
Spendlane spendlane |
Segment Card led platform | What matters nowFree software, revenue from interchange. Launched multi-entity support. | Changelog 02 Oct 2026 |
|
Receiptly receiptly |
Segment Receipt capture | What matters nowMobile receipt capture with mileage, sold per active user. | Pricing page 09 Oct 2026 |
|
Claimbook claimbook |
Segment Software only | What matters nowApprovals and policy engine for 200 plus staff. | Pricing page 04 Oct 2026 |
|
Ledgerly Spend ledgerlyspend |
Segment Accounting add-on | What matters nowExpense module inside an accounting suite. | Pricing page 09 Oct 2026 |
|
Travelpot travelpot |
Segment Travel and expense | What matters nowTravel booking plus expenses for enterprises. | Product page 30 Sep 2026 |
|
Cardwise cardwise |
Segment Card led platform | What matters nowRaised a £40M round, hiring in Dublin and Amsterdam. | Press release 01 Oct 2026 |
|
Pettycash pettycash |
Segment Receipt capture | What matters nowExpense app for sole traders. | Pricing page 09 Oct 2026 |
|
Approvo approvo |
Segment Software only | What matters nowPurchase orders plus expenses for mid-market finance teams. | Pricing page 09 Oct 2026 |
Pricing comparison
| Company | Plan | List price | Change |
|---|---|---|---|
| Spendlane | Essentials | £0 software, card fees apply | No change |
| Receiptly | Team | £6 per active user a month | No change |
| Claimbook | Business | £9 per active user a month | -10% |
| Travelpot | Enterprise | Quote annual contract | No change |
Market size
TAM
Estimate Modelled£610M
Yearly UK spend on expense and spend management software
SAM
Estimate Modelled£190M
Employers with 50 to 500 staff
SOM
Estimate Modelled£4M
Three year obtainable revenue
Method. Employers by size times share of staff who claim expenses times observed price per active user.
Pricing comparison
Per user prices run from £6 to £9 for software only vendors. Card led vendors price the software at zero, which moves the comparison to card fees, cashback and accounting integrations.
Gaps and openings
Multi-entity groups with 50 to 500 staff want card controls and deep approvals together. Few vendors do both well.
Recommended moves
Position on approvals depth and multi-entity accounting, and answer free card platforms with total cost of ownership comparisons rather than price cuts.
Recommended moves
-
Move 1
Sell on approvals depth
Card led platforms are weakest for complex policies.
Changes detected this month
Cardwise raised a funding round
Funding detected
Recommended move. Expect heavier paid search. Watch their bids on approval keywords.