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To be the go-to spending solution for forward-thinking teams.
Expense reports and out-of-pocket purchases have been the bread-and-butter of employee spending for a long time, but they can be needlessly confusing and inefficient, especially for accounts teams. Pleo solves this problem by offering smart company cards that streamline employee spending and remove the need for painstaking expense reports.
Founded in 2015 by a team of fintech veterans, Pleo’s smart cards are geared towards simplifying bookkeeping, saving accounts teams valuable time, while building trust between finance teams and employees on the ground. Since its launch, Pleo has grown into a market leader, attaining unicorn status following a $150 million raise in 2021.
The company now serves over 20,000 customers, which is testament to the efficacy of its solutions, but it does face competition from rival disruptors, including Soldo and Popl. In 2022, the company partnered with open banking platform Yapily in order to further simplify the payments experience for UK users, and has followed this up with the launch of overdrafts to help make business spend management even easier.
Steph
Company Specialist at Welcome to the Jungle
Dec 2021
$200m
SERIES C
Jul 2021
$150m
SERIES C
This company has top investors
Jeppe Rindom
(Co-founder & CEO)Previously served as VP of FIH PARTNERS Investment Banking, and as CFO of Tradeshift. Was CEO and Co-owner of Nodes.
Niccolo Perra
(Co-founder)Previously worked as a Software Engineer at Corena, and as a Senior Software Engineer at Tradeshift. Was a Project Manager at Logistics as