Case Study: How Verestro Cut International Costs with the Sparados 0% Card
Managing team expenses shouldn't feel like a logistical nightmare. For modern companies growing across borders, hidden banking fees and the manual hassle of juggling international currencies can silently drain cash flow and valuable hours.
Verestro, a forward-thinking technology company with around 100 employees, faced these exact financial headaches. Thanks to Sparados, they found a way to completely automate their global expenses and stop overpaying for international transactions by equipping their most active teams with the 0% Card. Here is how Verestro eliminated foreign transaction fees and simplified their financial workflow.
The Real Cost of Growing Abroad
The Heavy Toll of Currency Conversion
As an international business, Verestro generates its revenue primarily in EUR. However, its day-to-day operations require spending in dozens of other currencies worldwide. Their team travels frequently for global conferences, and as a tech-forward company, they rely heavily on AI tools, Large Language Models (LLMs), and SaaS subscriptions that are billed in USD.
Because Verestro earned in EUR but had to pay for its expenses in other currencies, they were constantly hit with expensive bank fees just to convert their money.
The Headache of Financial Guesswork
To make matters worse, traditional corporate banking forced the finance team to plan and pre-purchase foreign currencies long before any actual spending happened. This meant the team had to calculate their expenses in advance, move money into separate currency "buckets," and cope with major operational friction:
Fragmented Sub-Accounts: The team spent hours logging into platforms to manage isolated wallets for different regions.
The "Empty Wallet" Trap: Software subscriptions and hotel check-ins were frequently declined because a specific currency wallet ran out of money - even though the master corporate account was fully funded.
Tied-up Capital: Locking up money in volatile foreign wallets meant freezing valuable company funds that could have been used to drive growth elsewhere.
Entering the Sparados 0% Card Solution
Verestro completely upgraded its finance system by giving its employees Sparados virtual business cards. Instead of breaking corporate funds apart into separate currency buckets, these modern cards link directly to Verestro's main EUR account in the Sparados system.
The magic behind the card is real-time, automatic conversion. When an employee makes a purchase, the platform instantly converts the exact amount at that exact millisecond. No prior planning, no manual currency exchange, and no surprises.
"For me, Sparados means 'well-organized'. People know exactly how we handle subscription costs and travel expenses at Verestro - even abroad. There are no unnecessary discussions and no paperwork, yet we still have full transparency and control. Before introducing the 0% Card, Verestro paid constant currency conversion fees because we earned revenue in Euros but incurred expenses in other currencies. Now, we achieve tangible savings." - Michał Maciąg, CTO at Verestro
Real Results: Instant Savings and Total Control
Today, Verestro uses the 0% Card to handle three core parts of its business operations:
1. Zero-Stress Business Travel
Whether an executive is checking into a hotel in London or attending a summit in New York, they simply tap their card and pay in the local currency. Sparados converts the funds using the live Mastercard mid-market exchange rate with absolute zero spread and zero added commission. Verestro completely bypasses the standard 3% markup traditional banks sneak into international receipts.
2. Streamlined Software Subscriptions
Running a modern tech stack means paying for platforms like ChatGPT, Claude, and AWS. By moving these monthly corporate subscriptions to Sparados, Verestro completely eliminated the hidden 2% to 4% bank margins that quietly inflate recurring digital bills.
3. Freedom from "Empty Wallets"
The finance team has finally stopped wasting time shifting money from one currency pool to another. As long as the company’s main business account has funds, every Sparados card works perfectly in any currency, anywhere in the world.
Why the 0% Card is a Game-Changer for Modern Businesses
The difference between old-school banks and Sparados comes down to complete transparency and smarter cash flow management:
True Mid-Market Rates: Standard banks hide their profits by padding exchange rates by 2% to 4%. With Sparados, you pay the exact, un-manipulated rate provided by Mastercard at the precise moment of the transaction.
No More FX Speculation: Instead of trying to guess market trends and buying currency in advance, conversions happen dynamically when a purchase is made. Your cash flow stays simplified and highly predictable.
Goodbye DCC Fees: Verestro employees are trained to always choose the local currency at payment terminals. This ensures the Sparados engine handles the conversion at 0% spread rather than letting a foreign bank apply a predatory markup.
Ready to Unlock Borderless Growth?
For growing businesses like Verestro, optimizing international spend isn't just about saving a few euros - it's a massive strategic advantage. By eliminating currency barriers and cutting out hidden banking fees, they can stop worrying about financial logistics and focus 100% on what they do best: driving global growth and innovation.
Don't let banks eat away at your international budget. Upgrade your corporate spending, maximize your team's agility, and unlock financial freedom with Sparados today. Let’s talk!
Read more:
