Walder Wyss advises Swisscom Ventures on investment in Expense Robot

The Swiss FinTech startup Expense Robot closed a seed investment round co-led by Swisscom Ventures and SIX Group. Expense Robot uses artificial intelligence to fully automate a company’s expense- and business credit card processes, from the picture of a receipt all the way to the compliance checks, the finance booking, VAT input tax reclaim, archiving and reimbursement.

Walder Wyss advised Swisscom Ventures on this transaction. The team was led by partner Patrick W. Vogel (banking and corporate/m&a) and included managing associate André Kuhn (notary) and senior associate Laurent Schmidt (banking and corporate/m&a).