- Bill.com a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small
- Announced entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5 billion
- Divvy a leader in spend management that modernizes finance for business by combining expense management software
- The acquisition supports Bill.com’s mission and enhances our ability to deliver value to the combined customer base
- Bill.com’s expanded solution enable businesses to automatically manage accounts payable, accounts receivable
- Bill.com acquire Divvy for approximately $625 million in cash and $1.875 billion of Bill.com Common Stock