Pleo is an out-of-the-box business spending solution that offers smart payment cards for employees, enabling them to buy the things they need for work, while giving companies full control and visibility of all company spending.
Companies can distribute Pleo on-demand Prepaid Mastercard® virtual cards (for online purchases) and plastic cards (for in-store purchases) with flexible individual spending limits in just a couple of clicks. Connected to desktop and mobile apps, Pleo allows both employees and managers to track and manage all company expenses in real time.
Pleo catches receipts on the go, automatically categorizes expenses based on previous behaviour and eliminates the need to do manual expense reports. All captured data can be fed directly into the customer's accounting system, significantly reducing the administrative complexities of the finance function.
Pleo was founded in Copenhagen in 2015 by fintech veterans Jeppe Rindom and Niccolo Perra, both early team members of the Danish startup success, Tradeshift, with years of experience building successful financial products. Pleo has 120 employees with offices in London and Copenhagen.