EU sovereignProcurement & Spend ManagementHeadquarters: CH

Yokoy: sovereignty score and 8 European alternatives

Yokoy is a spend management platform for companies that want to automate expense claims, supplier invoices and corporate card transactions. According to the company, it uses artificial intelligence to read receipts and invoices and to route approvals. The platform targets mid-sized and large organisations. Perk's privacy policy states that customer data for the group is hosted on Amazon Web Services in Ireland, with a fallback site in Frankfurt.

Yokoy is headquartered in Zurich, Switzerland. It has been part of Perk, formerly TravelPerk, since its acquisition was announced in January 2025. Perk's default data controller is Perk Platform SLU in Spain, and the group also has US entities and third-party providers that may process data outside the EEA. For a European organisation, the Swiss seat and EU hosting are relevant, but the parent company and the sub-processor chain should be reviewed in the contract.

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Sovereignty score

67 / 1000 = high exposure
100 = sovereign

Jurisdiction SOV-2100
Headquartered in Switzerland: Swiss law, recognised by the EU as adequate
Data residency SOV-380
Hosting in Switzerland only (recognised by the EU as adequate)
Cryptographic key sovereignty SOV-360
Key management with a European vendor
Freedom from lock-in SOV-640
Closed source: switching requires data migration
Source & runtime sovereignty SOV-4 · SOV-655
Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 10, 2026

Headquarters	CH (EU)Verified by hand
Ultimate parent company	ESVerified by hand
Sovereignty model	Vendor-hosted (EU)Verified by hand
Data hosting	CHVerified by hand
Open-source	NoVerified by hand
GDPR-compliant	NoVendor-stated
Category	Procurement & Spend Management
Type	Product
Website	yokoy.io ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Yokoy

The European alternatives to Yokoy come from our knowledge base of over 7,800 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

32 European Procurement & Spend Management vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Yokoy

Yokoy is headquartered in Switzerland and falls under Swiss law, including the revised Swiss data protection act. Switzerland is not an EU member, but the European Commission recognises its level of data protection as adequate. Its Swiss headquarters does not by itself bring it under US legislation such as the CLOUD Act. The ultimate owner is based in ES, also within Europe.

Yokoy hosts data in Switzerland only. Switzerland is not part of the EU or the EEA, so the GDPR does not apply there directly; the European Commission does recognise Swiss data protection as adequate, so personal data can go there without extra safeguards. Our model therefore scores it between EU hosting and hosting outside Europe. If you require strictly EU hosting, take this into account.

Yokoy is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Yokoy together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Yokoy?

It depends on your use case. Strong EU alternatives to Yokoy include AddVue, Atexo and Basware. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Yokoy?

Our list of EU alternatives to Yokoy is mostly commercial options. Browse the category on the map for open-source choices.

Is Yokoy GDPR-compliant and where is the data hosted?

Yokoy is headquartered in CH (EFTA) and hosts data in CH. That makes Yokoy an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 10, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Procurement & Spend Management

Procurement & Spend Management: Sourcing, supplier management, purchase-to-pay and spend management. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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