Pleo is an out-of-the-box business spending solution that offers smart payment cards and automated expense reports for employees, enabling them to buy the things they need for work while giving finance teams full control and visibility of all company spending.

Pleo catches receipts on-the-go, automatically categorises expenses based on previous behaviour and eliminates the need for manual expense reports. 

Over 13,000 companies are using Pleo across six markets (UK, Denmark, Sweden, German, Ireland, Spain). In 2020, Pleo was marked as a potential billion-dollar EU company by GP Bullhound.

Pleo was founded in early 2015 by fintech veterans Jeppe Rindom and Niccolo Perra, who met while working at the Danish startup success, Tradeshift. The Pleo team is based in Copenhagen and London. The company is financed by Kinnevik (portfolio includes: Zalando, Betterment, Babylon Health, Home24, Westwing and Tele2), Creandum (investors in over 60 companies including Spotify, Tictail, iZettle, Edgeware and Vivino) and Founders A/S (owned by Kirkbi A/S, Anders Holck Povlsen and the Oticon Foundation).