{"id":569182,"date":"2025-07-17T11:17:20","date_gmt":"2025-07-17T10:17:20","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=569182"},"modified":"2025-07-17T11:17:20","modified_gmt":"2025-07-17T10:17:20","slug":"rydoo-acquires-semine-to-boost-ai-powered-spend-automation","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/rydoo-acquires-semine-to-boost-ai-powered-spend-automation\/","title":{"rendered":"Rydoo acquires Semine to boost AI-powered spend automation"},"content":{"rendered":"<p data-start=\"137\" data-end=\"550\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-569183 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/07\/rydoo_logo.jpg\" alt=\"Rydoo\" width=\"200\" height=\"200\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/07\/rydoo_logo.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/07\/rydoo_logo-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/07\/rydoo_logo-100x100.jpg 100w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n<p data-start=\"137\" data-end=\"550\"><a href=\"https:\/\/www.rydoo.com\">Rydoo<\/a>, a <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/indias-insurtech-set-for-1bn-funding-surge-as-sector-eyes-digital-shake-up-study-shows\/\">digital<\/a> expense management platform, has acquired <a href=\"https:\/\/www.semine.com\/\">Semine<\/a>, an Oslo-based FinTech, to redefine how modern businesses manage, control, and optimise their spend lifecycle.<\/p>\n<p data-start=\"552\" data-end=\"1023\">Founded in 2015 by Robert Kristiansen, Semine has emerged as a trusted AP automation partner for over 10,000 clients in 25 countries. Leveraging advanced machine learning and pattern recognition, Semine\u2019s platform intelligently analyses, classifies, and processes incoming invoices across diverse formats and workflows. Its robust AI capabilities automate accounting dimensions with exceptional accuracy, helping finance teams achieve greater efficiency and compliance.<\/p>\n<p data-start=\"1025\" data-end=\"1453\">The integration of Semine\u2019s technology will strengthen Rydoo\u2019s comprehensive Software-as-a-Service (SaaS) expense management offering, delivering a unified platform that automates the entire spend journey \u2014 from employee expenses to supplier invoices. This expanded capability will empower Rydoo\u2019s one million users worldwide with deeper control, smarter automation, and actionable insights to drive strategic decision-making.<\/p>\n<p data-start=\"1455\" data-end=\"1968\"><strong>Sebastien Marchon, CEO of Rydoo,<\/strong> said, <em data-start=\"1499\" data-end=\"1966\">\u201cThis acquisition represents a pivotal moment for Rydoo and our customers. By embedding Semine\u2019s market-leading AP automation into our platform, we are unlocking new levels of intelligence, control, and compliance for finance teams globally. Our solution will gradually evolve to deliver AI-powered policy checks, automated approval flows, and continuous compliance monitoring \u2014 enabling our customers to stay ahead in an increasingly complex regulatory landscape.\u201d<\/em><\/p>\n<p data-start=\"1970\" data-end=\"2385\">The acquisition also signals Rydoo\u2019s intent to expand its footprint in the Nordic region, building on Semine\u2019s strong market presence and technical expertise. Supported by a majority investment from Eurazeo, the London-based asset management firm backing Rydoo\u2019s growth ambitions, the company is well positioned to deliver on its vision of transforming spend management into a fully automated, strategic function.<\/p>\n<p data-start=\"2387\" data-end=\"2760\" data-is-last-node=\"\" data-is-only-node=\"\">Looking ahead, Rydoo will focus on a seamless integration of Semine\u2019s capabilities, with a clear roadmap to further enhance AI-driven spend controls, cross-border compliance, and real-time insights. By uniting expense and AP processes under one intelligent, user-centric platform, Rydoo reaffirms its commitment to setting new benchmarks for digital finance transformation.<\/p>\n","protected":false},"author":35851,"featured_media":569183,"parent":0,"template":"","categories":[11395,11381,41695,41779,11385,29445,42764,11384],"tags":[12663,11649,11438,11508,11515,12123,12801,11420,12534],"class_list":["post-569182","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-artificial-intelligence","category-banking-as-a-service-baas","category-banktech","category-blockchain","category-cards-management","category-digital-payments","category-payments","tag-ai","tag-digital-banking","tag-digital-payments","tag-europe","tag-fintech","tag-online-payments","tag-payments","tag-payments-as-a-service","tag-payments-processing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rydoo acquires Semine to boost AI-powered spend automation - IBS Intelligence<\/title>\n<meta name=\"description\" content=\"Rydoo, has acquired Semine, an Oslo-based FinTech, to redefine how modern businesses manage, control, and optimise their spend lifecycle.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/rydoo-acquires-semine-to-boost-ai-powered-spend-automation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rydoo acquires Semine to boost AI-powered spend automation\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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