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26 Mar 2026
Rydoo acquires Semine: a new chapter in AI-powered spend managemen
Today, I’m proud to share a major milestone in Rydoo’s story: we have acquired Semine, a leading European innovator in accounts payable automation.
For over 10 years, Rydoo has focused on making finance processes easier. We’ve helped more than one million users around the world remove friction from expense management. But true spend transformation means connecting workflows that have too often been managed in silos.
When I first met Bjørn Røsten, Semine’s CEO, it was clear he understood the challenges finance teams face today. As our conversations continued, I became convinced this was the right team, the right technology, and the right time for Rydoo to take the next step.
Semine brings a shared mindset rooted in automation, customer-centric design, and the belief that finance can be faster, smarter, and more strategic. By combining Semine’s accounts payable technology with Rydoo’s expense management platform, we are moving towards a more unified and intelligent way to simplify, automate, and improve corporate spend management.
Our mission remains clear: to help finance teams spend less time on administrative work and more time on strategic, high-impact work.
Expense management and accounts payable: the next step in smarter spend management
At Rydoo, we’ve always believed finance teams deserve better tools, better visibility, and better outcomes. Over the years, we’ve helped customers around the world digitise and automate expense management. But we also knew we could offer more to the modern CFO.
Accounts payable and employee expenses are two sides of the same coin. Yet they have long been handled in disconnected systems, leading to inefficiencies, manual work, and blind spots.
By bringing them together under one roof, powered by AI and automation, finance teams gain a more complete solution for spend control, compliance, and decision-making.
Together, Rydoo and Semine will give finance teams:
End-to-end visibility with a more unified view of spend
Real-time insights for faster, better decisions
Built-in control through AI-powered policy checks, automated approval flows, and continuous compliance monitoring
Seamless integrations with leading ERP and financial systems to support onboarding and scalability
Semine brings a best-in-class product, a team of experts, and a shared commitment to product excellence. Its technology automates 85% of accounting tasks, integrates with ERP systems, and delivers real-time insights that support finance teams at scale.
What this means for our customers
If you’re a Rydoo customer, you’ll continue to enjoy everything you know today, with more value over time. Our solution will gradually evolve to give you deeper control across the spend lifecycle, smarter automation, and better insights.
If you’re a Semine customer, you’ll continue using the tools and workflows you trust, while benefiting over time from broader functionality, stronger integrations, and the support of a global organisation.
For both customer bases, this is about choice, flexibility, and value. Our goal is simple: to make finance easier and smarter, so you can focus on what matters most.
The road ahead
This acquisition builds on the momentum Rydoo has created in recent years. We now serve companies in more than 130 countries, have surpassed €20M in ARR, and have become the top-rated expense app across major platforms.
Last year, we welcomed Eurazeo as our majority shareholder, adding further support for our strategic ambitions. Since then, we’ve expanded into the US and continued to grow in new geographies.
Now, with Semine, we are ready to move faster, scale further, and deliver more value to our customers. We will continue investing in AI, expanding our product suite, and pushing financial automation forward.
I’m incredibly excited to bring together two strong technologies and the teams behind them. We have the people, the technology, and the momentum to build something meaningful for finance teams everywhere.
Let’s do this.
For over 10 years, Rydoo has focused on making finance processes easier. We’ve helped more than one million users around the world remove friction from expense management. But true spend transformation means connecting workflows that have too often been managed in silos.
When I first met Bjørn Røsten, Semine’s CEO, it was clear he understood the challenges finance teams face today. As our conversations continued, I became convinced this was the right team, the right technology, and the right time for Rydoo to take the next step.
Semine brings a shared mindset rooted in automation, customer-centric design, and the belief that finance can be faster, smarter, and more strategic. By combining Semine’s accounts payable technology with Rydoo’s expense management platform, we are moving towards a more unified and intelligent way to simplify, automate, and improve corporate spend management.
Our mission remains clear: to help finance teams spend less time on administrative work and more time on strategic, high-impact work.
Expense management and accounts payable: the next step in smarter spend management
At Rydoo, we’ve always believed finance teams deserve better tools, better visibility, and better outcomes. Over the years, we’ve helped customers around the world digitise and automate expense management. But we also knew we could offer more to the modern CFO.
Accounts payable and employee expenses are two sides of the same coin. Yet they have long been handled in disconnected systems, leading to inefficiencies, manual work, and blind spots.
By bringing them together under one roof, powered by AI and automation, finance teams gain a more complete solution for spend control, compliance, and decision-making.
Together, Rydoo and Semine will give finance teams:
End-to-end visibility with a more unified view of spend
Real-time insights for faster, better decisions
Built-in control through AI-powered policy checks, automated approval flows, and continuous compliance monitoring
Seamless integrations with leading ERP and financial systems to support onboarding and scalability
Semine brings a best-in-class product, a team of experts, and a shared commitment to product excellence. Its technology automates 85% of accounting tasks, integrates with ERP systems, and delivers real-time insights that support finance teams at scale.
What this means for our customers
If you’re a Rydoo customer, you’ll continue to enjoy everything you know today, with more value over time. Our solution will gradually evolve to give you deeper control across the spend lifecycle, smarter automation, and better insights.
If you’re a Semine customer, you’ll continue using the tools and workflows you trust, while benefiting over time from broader functionality, stronger integrations, and the support of a global organisation.
For both customer bases, this is about choice, flexibility, and value. Our goal is simple: to make finance easier and smarter, so you can focus on what matters most.
The road ahead
This acquisition builds on the momentum Rydoo has created in recent years. We now serve companies in more than 130 countries, have surpassed €20M in ARR, and have become the top-rated expense app across major platforms.
Last year, we welcomed Eurazeo as our majority shareholder, adding further support for our strategic ambitions. Since then, we’ve expanded into the US and continued to grow in new geographies.
Now, with Semine, we are ready to move faster, scale further, and deliver more value to our customers. We will continue investing in AI, expanding our product suite, and pushing financial automation forward.
I’m incredibly excited to bring together two strong technologies and the teams behind them. We have the people, the technology, and the momentum to build something meaningful for finance teams everywhere.
Let’s do this.
