Financial technology company Zaggle announced on Thursday that it has joined forces with travel and expense management provider Mesh Payments to explore opportunities in the global spend management market.
According to a company statement, this collaboration will enable Indian multinational companies to efficiently manage international expenses across regions such as the US, Europe, and Latin America by leveraging Mesh’s capability to issue corporate cards globally. Moreover, it will streamline expense management processes and enhance financial control for these companies.
Additionally, Mesh’s international clients with Global Capability Centers (GCCs) in India can also benefit from Zaggle’s robust spend management solutions, which include prepaid cards, forex cards, and corporate credit cards. Furthermore, this collaboration enhances the overall financial management capabilities for these global businesses operating in India.
Zaggle Founder and Executive Chairman Raj P. Narayanam calls the partnership a strategic step to expand the platform’s influence globally.
Referring to a Deloitte report, Zaggle highlighted that India’s top 100 companies collectively spend over $2.2 billion on business travel.
Mr. Avinash Godkhindi, MD & CEO, Zaggle, added, “India’s digital transformation is creating unprecedented demand for intelligent spend solutions, and we are uniquely positioned to meet that need. This collaboration has empowered us to expand our reach and provide Mesh’s global customers a seamless footprint in India by leveraging our Integrated Spend Solutions, deep understanding of Indian businesses, and navigation of India’s unique regulatory landscape. Together, we aim to redefine how businesses control and optimize their spending across borders.”
Zaggle stands among India’s leading issuers of prepaid cards, working closely with banking partners to power its diverse card-based offerings.
Oded Zehavi, CEO and co-founder of Mesh Payments, added, “This partnership with Zaggle marks a key milestone in our international expansion. India is a dynamic and rapidly growing business market, and this collaboration allows us to support our global clients as they enter India with confidence. Together, we’re helping companies scale faster—empowered by localized expertise in India and world-class spend management across the globe. At the same time, Zaggle’s customers gain access to our cutting-edge platform to manage global operations with agility and control.”
Zaggle’s partnership with Mesh Payments marks a significant and strategic step toward global expansion. By joining forces, they aim to offer intelligent spend solutions not only for Indian MNCs but also for international businesses operating in India, thereby strengthening their presence in the global market.
