Pleo

Smart cards for company spending

Fintech
B2B
Payments
Bookkeeping
Accounting

Company mission

To be the go-to spending solution for forward-thinking teams.

Employees

501-1000

HQ Location

København N, København

OTTA INSIGHTS

45% female employees

146% employee growth in 12 months

Otta's take on Pleo

Xav Kearney headshot

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.

Total funding - $425.3m

Last 2 fundraises

Jul 2021

$150m

SERIES C

Dec 2021

$200m

SERIES C

This company has top investors

Company 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

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 headshot

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.

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