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Mobile-first strength with European and Latin American reach

Exaccta provides a user-friendly, mobile-first solution for expense capture and automation, targeting SMEs and larger enterprises across Spain and Latin America. Its position within expense management complements Done.ai’s growing fintech and automation portfolio.

Exaccta has a proven technology platform with 220 customers and 12,700 active users, supported by a cost-efficient, specialized development team with deep domain expertise in expense and spend management. This team, together with the broader Done.ai organization, will help accelerate the expansion of Done.ai’s AI-driven finance platform. Exaccta generates approximately MEUR 1.1 in annual revenue and is expected to operate around breakeven in 2025.

By integrating Exaccta with Accountabl, Done.ai will be able to offer a comprehensive, full-service spend management solution that spans expense tracking, approval workflows, card payments, and reporting. This enhances Done.ai’s ability to unlock commercial synergies across its rapidly growing SME client base in the Nordics, the UK, and wider Europe. In addition, the acquisition provides Done.ai with a first entry point into Spain and Latin America, supported by Exaccta’s established customer relationships and localized product-market fit.

“Exaccta’s mobile-first platform complements our spend management solution, Accountabl, and enables us to deliver a differentiated, standalone expense solution with international reach,” says Staffan Herbst, CEO of Done.ai. “We appreciate the constructive dialogue with Exaccta’s team and their shared belief in what we can build together,” Herbst adds.

Transaction Structure

The proposed transaction values Exaccta at MEUR 2.9, of which MEUR 2.0 will be converted into shares in Done.ai Group AB at SEK 14 per share, the same valuation as Done.ai’s recently completed MSEK 80 directed share issue. The remaining MEUR 0.9 would be paid in cash at closing.

The deal is subject to due diligence, final board approval, and a definitive share purchase agreement and expected to close within the coming 3 months. 

Growing market relevance and strategic alignment

The transaction comes amid accelerating consolidation in the global expense automation sector. In May 2025, Visma completed its first Latin American acquisition, acquiring Chile-based Rindegastos, a mobile-first expense management platform used by over 4,500 companies across the region. The deal highlights the growing strategic value of localized, compliance-ready solutions tailored to SMEs operating in diverse regulatory environments.