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Pleo
Smart cards for company spending
- 501-1000 employees
- Fintech
- B2B
- Payments
- Bookkeeping
- Accounting
- København N, København
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Company mission
To be the go-to spending solution for forward-thinking teams.
Otta's take
Xav Kearney
CTO of Otta
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.
Benefits
- Your own Pleo card (no more out-of-pocket spending!)
- Lunch is on us - with Just Eat for Business on days you're in the London Office 🍜
- Private Health Insurance to ensure you’re fit of body and mind to do your best work
- Flexible work - we trust you! We're looking for someone who is happy to be in the office most of the time but there's always flexibility within this
- 25 days of holiday per year + your local public holidays
- Paid parental leave - we want to make sure that we're supportive of families and help you feel that you don't have to compromise your family due to work 👶
Company values
- We care - We all believe in what we’re doing, and we put our heart and soul into it. We look for people who do the same
- Transparency and openness - We put transparency at the heart of what we do. We listen openly, talk freely, and trust fearlessly to get this right
- Good people - We love what we do and we love doing it together. We are inspired by being a mixed bunch of people from all over the world
- No egos - We operate with a flat hierarchy, and treat everyone equally no matter their position, experience, or age
- Our journey - We are on fast and exciting journey that has just begun, and we can all feel it
Funding (last 2 of 7 rounds)
Dec 2021
$200m
SERIES C
Jul 2021
$150m
SERIES C
Total funding: $425.3m
This company has top investors
Founders
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
Diversity & Inclusion at Pleo
Charlotte Bear (Talent Partner)
- D&I is super important to us at Pleo as we scale. Please feel free to check out our Head of People, Jessie Danyi's work on inclusivity and the future of work through her Linkedin ---> https://www.linkedin.com/in/jessiescheepers/
- Pleo has run unconscious bias training sessions, in particular with our hiring managers.
- We have a focus on pushing towards balance in any departments we have traditionally struggled to attract a diverse candidate pool. We have people partners dedicated to improving our processes and coming up with new ideas.
Articles
Endorsements
All
Great work is recognised (2)
Innovative product (2)
Challenging work (1)
Opportunities to learn (1)
Hard working team (1)
My opinions are valued (1)
Open and honest communication (1)
Supportive management (1)
Thoughtful onboarding (1)
Flexible working (1)
Team camps are an example of this; the whole company come together for a few days to align on company goals and values and the energy is incredible. There's always something to get involved in day to day too- whether thats a team social or catch ups.
Operations & Strategy
Team energy
May 2021
Speaks for itself- the product is just getting better and better. Many companies are looking at ways they can cut out admin and become more tech savvy- Pleo is an easy win for them
Operations & Strategy
Innovative product
May 2021
Since I have joined, it's been exciting to see the company grow, even after a global pandemic. We just had 27 people start in May and are getting closer to a potential Series C funding. If there's a time to join, it's now!
Operations & Strategy
Growing fast
May 2021
It's so refreshing to get detailed information from all levels about where the company is going and what projects are being worked on across the business. The company really cares about empowering its people.
Operations & Strategy
Open and honest communication
Apr 2021
No onboarding process has come close to the programme at Pleo. The first few weeks at Pleo make it so easy to understand where you fit in as a part of the company and your team.
Operations & Strategy
Thoughtful onboarding
Apr 2021
At Pleo we are able to recognise the many different aspects that go towards great work. This could be anything from helping other employees to assisting in making huge changes within the business. These people are nominated on a weekly and quarterly basis. There is a lot of onus on staff to help others and this is refreshing to see in such a fast growing company.
Operations & Strategy
Great work is recognised
Apr 2021
I have never truly felt like the saying "there are no stupid questions" was actually sincere however at Pleo it most certainly is. I can speak my mind on opinions and ask the questions which are on my mind. I feel listened to and trusted in the business.
Operations & Strategy
My opinions are valued
Apr 2021
Pleo reward the right type of work. I feel extremely valued by my manager, team lead and peers. I feel they also take the time to get to know you and how you prefer to be recognised.
Operations & Strategy
Great work is recognised
Apr 2021
I joined Pleo because of the mission, values and role at hand. So many companies struggle with their expensing process and I truly believe we make this process an enjoyable one but also have a little fun along the way. It's such a pleasure to sell.
Operations & Strategy
Inspiring mission
Apr 2021
We work in a transparent way, and it's all about creating great team spirit but also understanding, being empathetic and flexible in terms of your life and where you work!
Product
Flexible working
Apr 2021
The more challenges you want, the more you will get. It is fun, but it is challening - definitely a learning curve in a growing scaleup that will be so good in the future.
Product
Challenging work
Apr 2021
With my direct manager at first we had longer weekly sessions and we made sure it was only about my personal development. Now we still have weekly sessions to see how things are, where my manager asks feedback, we speak about how the team is feeling, how am I and topics that come in. And also in the company everyone is always happy to help and it's easy to get support. With upper management they're available as well and monthly calls really make you feel a part of a great team.
Product
Supportive management
Apr 2021
We are competing against ourselves and aiming to be the best in the industry at what we do
Operations & Strategy
Hard working team
Apr 2021
The product is phenomenal and is riding the wave of digitalisation. Reviews speak for themselves
Operations & Strategy
Innovative product
Apr 2021
With so much going on you leave everyday having learnt something new.
Operations & Strategy
Opportunities to learn
Apr 2021
