Expensify, Inc. (EXFY) Announces $3 Million Share Repurchase; Expands its International Network

Expensify, Inc. (NASDAQ:EXFY) is included in our list of the 10 Best AI Stocks to Buy Under $3.

Expensify, Inc. (EXFY) Announces $3 Million Share Repurchase; Expands its International Network

A customer using the personal financial management tool to navigate their finances.

On July 1, 2025, Expensify, Inc. (NASDAQ:EXFY) announced a $3 million share repurchase, acquiring over 1.28 million shares between May 15 and June 27. Demonstrating confidence in its growth trajectory, the company bought these shares at an average price of $2.33.

Meanwhile, on June 25, Expensify, Inc. (NASDAQ:EXFY) announced its international expansion. With this expansion, the company added support for over 10,000 global banks, Euro billing, multilingual capabilities, and a beta launch of its Expensify Card in the U.K. and EU. EXFY has now enabled expenses, cards, and reimbursements management for businesses worldwide within one AI-powered platform.

Operating in the U.S. and the rest of the world, Expensify, Inc. (NASDAQ:EXFY) offers a cloud-based financial management platform. It is included in our list of the best AI stocks.

While we acknowledge the potential of EXFY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EXFY and that has 100x upside potential, check out our report about this cheapest AI stock.

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