Torpago partners with Marqeta

Many believe there is still too much friction in filing expenses. Wouldn’t it be great if all an employee had to do was spend the money and the rest takes care of itself?

Enter Torpago, a spend management platform designed to serve modern businesses. Founded in 2020 by Brent Jackson, Torpago is on a mission to disrupt traditional corporate cards and modernize spend management for businesses of all sizes. The company empowers thousands of brands with simple and easy solutions that grant more extensive control and transparency of company spend.

Prior to founding Torpago, Jackson worked as a Senior Consultant with Deloitte, where he gained insight into spend management challenges. He was inspired to start his own company after hearing countless concerns from businesses that were frustrated about the lack of better corporate card programs with strong spend management functionalities. This was particularly true among small businesses that are cost-sensitive.

With cash flow getting tighter for many businesses, doing everything possible to take control of finances is essential. Setting up spend controls for expenses is an important step. Additionally, business leaders are looking to free up personnel by removing unnecessary administrative burdens, such as tedious expense reports and manual reimbursements.

As a result, Torpago was born, offering a free corporate card with an affordable spend management platform that can issue cards to employees and set spend controls. These are precisely the features that fastgrowing businesses like Deako need. Before selecting Torpago, the maker of smart lighting products was Background: fed up with devoting too much time and resources to manual expense reporting and reimbursement processes. After partnering with Torpago, Deako was free to grow without the burden of manual processes that result from traditional spend management platforms.

Torpago’s team takes special pride in creating deep relationships with its customers to gain a sharp understanding of how to shape its product roadmap and deliver value for businesses of any size, from small & medium businesses to larger enterprises.

The Problem

Torpago is a rapidly growing company in the spend management space. It needed to find an issuer processor to power its corporate card program with flexible and powerful spend controls, customizable spending limits, virtual cards, and more.

The Solution

Unlocking new channel opportunities together for massive growth The solution: Torpago partners with Marqeta to issue corporate cards to business customers. Torpago’s customers can then provision cards, set allowable spend limits, and define where transactions can occur based on Merchant Category Codes (MCCs) and geographic location.

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