A Pleo virtual card is a commercial credit Mastercard® that works just like any other plastic payment card, but is accessible only electronically and can be used for online purchases. Pleo virtual cards can be a good solution for employees who mainly make purchases online (i.e. subscriptions to online services and tools, e-commerce shops, online bookings and other online purchases) as it is safe and always accessible from your phone or computer.

If you select the Free plan, you don't pay any monthly subscription fee to Pleo. If you select the Team or Business plan, your monthly subscription will be automatically deducted from your Pleo balance.

Our pricing aims to be as transparent and straightforward as possible. Apart from the monthly subscription fee for the Team or Business plans, there are some costs associated with card usage: FX charges, issuing an extra physical Pleo card (£10), ATM withdrawal fee (£4), customer funds refund (£25). There is also a cost related to reimbursements, with a fee charged of 0.9% of the amount reimbursed. This is capped at £1 per reimbursement. All prices and fees quoted exclude VAT. You can find out more in our terms.

The Pleo Card is issued by Pleo Financial Services A/S pursuant to a license from Mastercard International Incorporated. Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated. Pleo Financial Services A/S is a regulated Electronic Money Institution, authorised by the Financial Supervisory Authority, Denmark. Registered Office of Pleo Financial Services A/S: Ravnsborg Tværgade 5 C, 4. Copenhagen N, 2200, Denmark. CVR Number: 39155435. All communications should be sent to Pleo Technologies A/S, Ravnsborg Tværgade 5C, 2200 Copenhagen N, Denmark.

Pleo was founded in early 2015 by fintech veterans Jeppe Rindom and Niccolo Perra, who met while working at the Danish start-up success Tradeshift. The Pleo team is based in Copenhagen and London. The company is financed by Bain Capital Ventures, Thrive Capital, Kinnevik, Creandum and Founders A/S.