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Extend Launches Open-source AI Toolkit for Smarter Finance Workflows

by Business Wire

May. 08, 2025
10:13 PM GMT+9

Extend Introduces A New AI Toolkit to Deliver Unprecedented Insights and Efficiency for Businesses

NEW YORK–(BUSINESS WIRE)–Extend, the spend and expense management platform that works with business’ existing credit cards, announces the launch of its open-source AI toolkit marking a significant step forward in finance automation solutions for businesses of all shapes and sizes.


The toolkit supports several frameworks including seamless integration with Anthropic Model Context Protocol (MCP); OpenAI; native support for LangChain; and compatibility with CrewAI for complex multi-agent workflows.

With this multi-framework support, the flexibility businesses love about Extend—access to modern solutions with the banks and credit cards of their choice—takes on a whole new level of versatility now that users can integrate and engage with the Extend API in their custom AI workflows.

“When I started to explore the multitude of use cases for AI in our industry, I zeroed in on the power of ‘agentic frameworks,’” said Jonathan Bailey, Extend’s Chief Technology Officer. “And I realized we could enable tools like Claude to interact directly with Extend via our APIs and immediately unlock extensive AI functionality for our customers.”

These integrations allow Extend’s users to query their financial data using natural language, perform advanced analytics and generate custom reports, and automate workflows such as expense categorization and budget tracking. Businesses can now use AI agents to analyze spending patterns, identify cost-saving opportunities, and gain deeper insights into cash flow, budget allocations, team spending, and other payment trends.

This open-source AI Toolkit underscores Extend’s commitment to innovation and customer empowerment. By combining the power of AI with Extend’s robust spend and expense management platform, businesses can now unlock new levels of efficiency, insight, and control over their finances.

“At Extend, we believe in empowering businesses to do more with what they already have—whether that’s credit lines, banking relationships, or software investments,” said Andrew Jamison, Extend’s CEO and co-founder. “With this AI toolkit, we’re taking that mission to the next level, giving our customers the tools they need to make smarter, faster, and more informed decisions.”

Extend plans to continue expanding its AI capabilities, with product development focused on incorporating more AI automation features within the Extend platform.

About Extend

Extend is a modern spend and expense management platform that helps businesses gain control over spending—without changing their existing bank or credit card programs. Thousands of companies use Extend to create and manage virtual cards, streamline payment workflows, and get real-time visibility into team and vendor spend. Extend powers billions of dollars in transactions while partnering with the financial institutions businesses already trust. Learn more at www.paywithextend.com or follow Extend on LinkedIn.

Contacts

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Bristol Jones

[email protected]

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