Medius Launches Bring Your Own Card Capability for Medius Expense with Astrada
Medius, a leading provider of accounts payable automation and spend management solutions, today announced the launch of Bring Your Own Card functionality in Medius Expense, developed in partnership with Astrada. The capability enables businesses to connect existing corporate card portfolios to Medius Expense, allowing transactions to flow automatically into the platform and become expenses without requiring customers to switch banks or card issuers.
For larger businesses, accessing card-led expense automation has often meant moving to cards issued by a spend management provider. Bring Your Own Card removes this barrier by connecting existing corporate banking infrastructure with Medius Expense automated expense workflow, helping organizations retain established card programs, terms, and controls while improving visibility and reducing manual reconciliation.
“Finance teams shouldn’t have to choose between the corporate cards their people already use and the automation they need to control spend,” said Ekaterina Dzhalchinova, VP, Product Management, Medius. “Bring Your Own Card gives businesses the flexibility to keep their existing card programs while accelerating reconciliation, improving visibility, and reducing manual work.”
“Businesses want automation without disruption,” added Salman Syed, CEO, Astrada. “Astrada enables spend platforms like Medius to turn everyday business card spend into ready-to-review expenses, helping customers modernize expense management without changing their existing card programs.”
Connecting existing cards to automated expense management
Bring Your Own Card supports eligible corporate card programs where administrators work with the issuing bank once to connect the portfolio, with new cards added automatically as they are issued.
Once connected, transactions flow automatically into Medius Expense, helping finance teams create expenses faster and reduce receipt chasing and reconciliation. Bring Your Own Card works across major card networks and issuers, so customers can keep their existing banking relationships while gaining real-time transaction visibility in Medius Expense.
Bring Your Own Card forms part of Medius’ wider strategy to unify AP automation, payments, and expense management in one connected spend management platform. It will be available to net-new Medius Expense customers at launch, alongside a support-assisted migration cohort for priority existing customers currently using bank file imports.
To find out more about Medius Expense, please visit: https://www.medius.com/solutions/expense/
About Medius
Medius links invoice capture, processing, and payment to replace the worry and wondering of managing AP with calm and confidence. Medius goes far beyond basic automation by using artificial intelligence to do most of the work – so invoices get confirmed, coded and paid; AP teams get to go home and rest easy; and businesses can trust their budgets and forecasts. Medius, on a mission to transform the spend management category using the power of automation and AI, has more than 4,000 customers across 116 countries and processes $300 billion in annual spend through its system. Visit medius.com to learn more.
About Astrada
Astrada is the data layer for autonomous finance, providing real-time visibility on business spend through a single API. The platform delivers access to real-time card and banking data across all three major card networks, enabling seamless connectivity without complex integrations. Astrada is based in the San Francisco Bay Area and New York. The company was founded and led by Salman Syed, an early employee at Marqeta where he led the company's North America business through its IPO. Learn more at astrada.co.