Speedchain is an innovative fintech platform that revolutionizes how companies manage purchasing and payments, particularly in project-driven industries such as construction. Founded in 2019 and headquartered in Atlanta, Georgia, Speedchain utilizes modern commercial card programs and advanced expense management tools to streamline financial workflows on complex projects. The platform is notable for offering AI-powered receipt management, real-time transaction transparency, and integrations with leading project management and ERP systems. Its recent infusion of $111 million in equity and debt financing underscores its rapid growth and expanding influence in modernizing financial operations.
This article explores ten key aspects of Speedchain, from its founding vision and core features to its role in reshaping construction finance and its ambitious plans for the future.
Speedchain was established in 2019 with a mission to modernize how companies buy and pay for goods and services in industries where project-level spending is critical. Founded to solve inefficiencies in traditional expense management systems, Speedchain leverages cloud-native technology built from the ground up to serve complex workflows. It envisions a seamless, transparent, and automated payments experience that reduces administrative burdens and improves cost control, particularly for industries like construction and government institutions where project budgets and spending oversight are paramount.
The Speedchain platform offers a suite of tools centered around modern commercial card programs combined with AI-driven expense tracking. Users benefit from real-time receipt capture and automated approvals, which eliminate the need for manual receipt processing, reducing paperwork and errors. The platform also delivers deep insights into spending behavior, enabling finance teams and project managers to monitor expenditures with unprecedented clarity and control. These features collectively optimize operational efficiencies and enhance compliance.
One of Speedchain's standout innovations is its AI-powered receipt management system, which allows team members to simply take photos of receipts and upload them directly via the platform. This functionality removes manual tracking, consolidates expense documentation, and accelerates spend reviews and approvals. By automating receipt processing, Speedchain reduces administrative bottlenecks, making the expense management process faster and more reliable.
Speedchain has gained significant traction in the construction industry, where project-level cost management is notoriously complex. The platform is designed to support project managers and finance teams by providing end-to-end visibility into expenses at the job code and project level. Its integration with well-known construction management tools such as Procore, Sage 300, and Viewpoint Vista enhances data synchronization, enabling contractors to keep budgets accurate and up-to-date.
In September 2025, Speedchain announced the close of $111 million in strategic equity and debt financing. This capital infusion, led by notable investors such as Community Investment Management (CIM) and GTM Fund, aims to accelerate Speedchain's product innovation, national expansion, and go-to-market strategy. The funds support efforts to scale the platform's adoption across industries that require robust financial controls on project spending, such as construction, thus solidifying Speedchain's market leadership.
Speedchain has established impactful partnerships that extend its reach, notably its new national partnership with The Associated General Contractors of America (AGC). This collaboration enhances Speedchain's access to a critical network within the construction industry, facilitating broader awareness and adoption of its financial management solutions. Additionally, the appointment of industry veteran Dennis Lyandres to Speedchain's board brings seasoned expertise to guide its growth trajectory.
A critical factor for Speedchain's effectiveness is its seamless integration with existing financial and project management software. This includes bi-directional syncing with platforms such as Sage 300, Viewpoint Vista, and Sage 100 Contractor, which allows for real-time alignment of financial data and project codes. Such integrations help automate expense tracking, improve financial visibility, and enhance operational efficiency by minimizing data silos and duplication.
Speedchain empowers companies to implement rigorous spend controls through smart card technologies and detailed transaction monitoring. The platform uses Mastercard’s World Elite business network to deliver trusted commercial card programs coupled with advanced compliance and fraud detection features. This ensures that expenditures are monitored closely, helping firms to maintain budget discipline and protect against unauthorized spending.
Looking forward, Speedchain is investing heavily in AI and automation to further streamline financial workflows. Upcoming features include predictive coding, which can automate categorization of expenses, and enhanced receipt workflows that aim to reduce human intervention in expense approvals. These advancements promise to improve expense accuracy, reduce project cost overruns, and empower finance teams to focus on strategic financial management instead of administrative tasks.
Speedchain’s technology reflects a broader trend toward digital transformation in financial operations for project-driven sectors. By integrating cloud-native solutions, AI, and modern payment rails, Speedchain helps organizations transition from fragmented, manual processes to a unified, transparent, and efficient workflow. This transformation is poised to not only improve operational outcomes for companies but also redefine how project financial management is conducted worldwide.
Speedchain stands at the forefront of a fintech revolution targeting the complexities of financial workflows in project-driven industries, particularly construction. With its cloud-native platform, AI-powered tools, and strategic industry partnerships, it provides transparency, control, and efficiencies that traditional systems lack. Its substantial recent funding and ongoing innovation signal continued growth and impact. As companies increasingly demand smarter ways to manage spending, Speedchain’s evolving technology invites us to imagine a future where project financial management is seamless, precise, and automated.