Expensify, which offers an expense management app for personal and business use, raises $ 70.2 million in its IPO, with shares closing 52.07% on its commercial debut (Emily Bary / MarketWatch)

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Emily Bari / MarketWatch:

Expensify, which offers an expense management app for personal and business use, raises $ 70.2 million in its IPO, with shares closing 52.07% on its commercial debut– Expensify went public offering GAAP profitability, a rarity in the tech world – Shares of Expensify Inc. soared …

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