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Soldo's mission is to help businesses spend the brighter way.
Expense management has long been a pain point for employees and accounting departments: for many, tracking and parsing how money is spent on behalf of a company is just too bogged down in legacy software ill-equipped to handle more modern demands. Soldo provides a solution via its platform that issues employees with prepaid company cards that are linked to an automated expense management system.
By way of APIs, it integrates with popular accounting packages used by organizations such as NetSuite, QuickBooks, Zucchetti and Xero, and has options to connect Soldo to more than 50 expense management platforms including Concur and Expensify.
Soldo has some 26,000 customers, ranging from small- to medium-sized businesses, through midmarket enterprises to large multinationals across 30 countries, with Mercedes Benz, GetYourGuide, Gymshark, Bauli, and Brooks Running among them.
Expense management is getting a lot of attention at the moment. It is a massive market to play for: Europe’s addressable market for expense management runs at $170 billion. Soldo seeks to build Europe’s leading pay and spend automation platform and recent Series C funding is allowing the company to march forward on this journey.
Kirsty
Company Specialist at Welcome to the Jungle
Jul 2021
$90m
SERIES C
Jul 2019
$61m
SERIES B
This company has top investors
Carlo Gualandri
(CEO)Italian technology entrepreneur whose innovative companies have broken new ground in the world of media (Virgilio), banking (Fineco), and gaming (Gioco Digitale).
Joined in the Quality Assurance team. Moved to UX Designer after 1.5 years. Then moved to be a Product Owner after 7 months and now serves as Lead Product Owner.
Joined as a Senior Software Architect. Promoted to Head of System Integration after 1 year and now serves as Head of System Integration Unit.