Case Study: Lumi saves material time for finance teams with Cape

How Lumi saved “material time” for its finance team with Cape

Lumi, a small-business loan provider, faced a challenge managing its exponential growth. Its finance team lacked the bandwidth to monitor daily transactions, forcing them to consolidate corporate cards to a few critical members and rely on employees using personal funds for business purchases. This created significant administrative strain and a lack of spending control.

By implementing Cape’s expense management platform, Lumi regained control. Cape’s solution provided multi-card distribution and automated spend controls that blocked out-of-policy purchases. This immediately saved the finance team what its CEO described as “material time” by centralizing, automating, and streamlining spend management. Cape also provided transparency through a centralized dashboard, which helped reinforce a prudent expense culture across the company.

Lumi

Yanir Yakutie

Founder and CEO