Medius and Adyen Unite to Launch Cashback Corporate Cards in Europe

LONDON, UK – February 17, 2026 – In a significant move set to reshape the corporate spend management landscape, AP automation leader Medius has announced a strategic partnership with global financial technology platform Adyen. The collaboration will introduce a new line of corporate expense cards fully integrated with Medius's expense management solution, Expensya, and features a cashback rewards program for businesses across Europe.

The new offering, slated for a Q1 2026 launch in the UK and European Union, aims to provide businesses with a powerful tool for cost control and financial return. By combining Adyen's robust card-issuing infrastructure with Medius's comprehensive spend management software, the partnership directly targets the increasing pressure on finance departments to enhance efficiency and optimize budgets.

Turning Expenses into a Revenue Stream

For finance leaders tasked with doing more with less, the partnership introduces a compelling value proposition: turning everyday business spending into a source of savings. The core of this new offering is a cashback program that provides businesses with up to 0.5% back on all card transactions. Unlike traditional rewards programs that can be complex to redeem, these rebates will be credited directly to customer invoices on a monthly basis, offering an immediate and tangible return on investment.

This feature is designed to help CFOs and finance teams actively reduce costs. For a mid-sized company with €100,000 in monthly card spend, this translates to €6,000 in annual savings credited directly back to their accounts. While the 0.5% rate may seem modest compared to some aggressive offers in the market, its power lies in its simplicity and direct application to the bottom line, providing a predictable financial benefit without complex points systems.

"Finance leaders are under pressure to do more with less, and we're giving them a tool that doesn't just control spend - it pays them back," stated Ekaterina Dzhalchinova, Vice President of Payments at Medius. "Partnering with Adyen means we can deliver a secure, scalable solution that turns everyday transactions into tangible savings." This sentiment underscores the strategic intent to equip finance teams with tools that are not just for oversight but for active value creation.

A Strategic Alliance in a Crowded Fintech Arena

The collaboration between Medius and Adyen represents a formidable alliance between two powerhouses in their respective fields. Medius, recognized by industry analysts like Gartner as a Leader in Accounts Payable Applications, brings deep expertise in automating financial workflows for thousands of global customers. Adyen, known for its global payment processing and embedded finance solutions, provides the scalable and secure card-issuing infrastructure. The Dutch fintech giant has a proven track record of enabling similar partnerships with platforms like Spendesk and Mesh Payments, leveraging its banking licenses in the UK, EU, and US.

This joint venture enters a highly competitive corporate card market populated by aggressive fintech startups like Ramp, which offers 1.5% cashback, and Brex, known for its generous rewards on specific spending categories. While the 0.5% cashback from Medius and Adyen may not lead the market on its own, the partnership is betting that its holistic approach will be the key differentiator. The strategy appears to be less about winning a head-to-head rewards race and more about providing an unparalleled, integrated experience that competitors struggle to match.

The solution is built on a "no SaaS fees" model for the card offering, removing a significant barrier to entry for many businesses. Furthermore, it addresses a major pain point for companies operating across Europe by offering cards in native currencies without foreign exchange fees, a cost that can quickly erode the benefits of any rewards program.

Beyond Cashback: The Power of an Integrated Platform

The true strength of the Medius-Adyen offering lies in its deep integration with the Expensya expense management platform. This synergy promises to eliminate the friction that plagues many finance departments, where expense reporting remains a manual and error-prone process. Every transaction made with the new corporate card is automatically captured, categorized, and reconciled within the Expensya system, providing real-time visibility and control over company spending.

This level of automation drives significant operational efficiency, freeing up finance teams from tedious data entry and allowing them to focus on more strategic analysis. The platform also incorporates AI-driven fraud prevention, adding a critical layer of security that protects businesses from unauthorized transactions. For employees, the experience is streamlined through compatibility with Apple Pay and Google Wallet, alongside traditional physical cards, making compliant spending the most convenient option.

By combining payments, expense automation, and financial rewards into a single, cohesive system, the partnership aims to create a solution where the whole is far greater than the sum of its parts. The value is not just in the 0.5% cashback, but in the cumulative savings from reduced administrative overhead, eliminated FX fees, enhanced fraud protection, and improved budget compliance.

Reshaping Spend Culture with Global Ambitions

This integrated solution is positioned to do more than just manage expenses; it aims to reshape corporate spending culture. By providing employees with easy-to-use tools and clear spending policies enforced automatically through the platform, companies can foster an environment of transparency and trust. This "compliance by design" approach reduces the need for retroactive policing of expense reports and empowers employees to make responsible spending decisions.

"This partnership is about more than payments - it's about empowering businesses to rethink how they manage expenses," said Alexa von Bismark, Head of EMEA, Adyen. "Together, we're creating a smarter, more rewarding way for companies to handle spend across Europe."

The ambitions of this partnership extend beyond the initial European launch. Medius has already announced plans to expand the corporate card and cashback program to the United States later in 2026, signaling a clear intent to compete on a global scale. This expansion will pit the solution against established US players in their home market, but the comprehensive, integrated nature of the platform may provide a unique advantage. By offering a unified solution for international businesses, Medius and Adyen are poised to capture a significant share of the market for modern, intelligent spend management.