Expensya, an automated spend management solution for businesses, has concluded a $20 million fundraise. Two new funds, MAIF Avenir and Silicon Badia, have invested in the development of the fintech platform, joining ISAI and Seventure, the two other funds that were involved in the previous round.

Founded in 2014, by Karim Jouini and Jihed Othmani, Expensya is a Franco-Tunisian fintech that offers a business spend management automation solution. With more than 140 employees spread acros...