In the last 12 months, the company has raised more than $380 million. “We ended up with five term sheets, which was a validation during a time when we’re seeing more due diligence than we had previously and a more challenging fundraising environment,” Thazhmon told TechCrunch. The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.” For example, a company with employees in Mexico and Colombia would require multiple vendors to cover its finance function in each country — a corporate card in Mexico and one in Colombia and another vendor for cross-border payments. The startup claims that by using its proprietary banking-as-a-service infrastructure, any company can spin up their finance function “in minutes” and get access to 30 days of credit on a corporate card (with 4% cash back), non card payment rails, as well as cross-border payments. For example, a growing business can use a Jeeves card in Barcelona and pay it back in euros and use the same card in Mexico and pay it back in pesos, reducing any FX fees and providing instant spend reconciliation across currencies. Thazhmon believes that the “biggest thing” the company is building out is its own global BaaS layer, which sits across different banking entities in each country, and onto which the end user customer-facing Jeeves app plugs into.“The way we look at it is really owning the full payment stack,” Thazhmon told TechCrunch. “It’s just massive.”The company plans to use its new capital toward its expansion across Latin America, Canada and Europe, to scale its infrastructure to cover more currencies, do more hiring and “accelerate the onboarding of new companies to the platform. A16Z General Partner Angela Strange says her firm tripled down on Jeeves after leading its Series A and investing in its Series B as it witnessed the company “continue to execute extremely well.”“Jeeves is building the premium financial operating system for global businesses. Starting with credit cards, the company has quickly scaled into local payments, multi-currency reconciliation and working capital loans,” she told TechCrunch. When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. For example, Jeeves says that since its Series B was announced in September, it has seen its revenue climb by 900% and doubled its client base to more than 3,000 companies. Jeeves – which describes itself as hybrid-remote with offices in Mexico City, London, Toronto and Sao Paulo – presently has 150 employees working across 10 countries. “Jeeves has built a truly scalable architecture where they can plug into each country’s local infrastructure, which not only lets Jeeves provide the optimal user experience in each country, but enables them to scale countries much faster.”My weekly fintech newsletter In the summer of 2020, Jeeves was a participant in Y Combinator’s summer cohort.