Pleo

Pleo is a Danish spend management company founded in 2015 in Copenhagen by Jeppe Rindom and Niccolo Perra, both formerly of Tradeshift. It replaces the common pattern in which employees pay with personal money or share a single company card, and finance chases receipts and approvals at month end.

Pleo issues Mastercard company cards, physical and virtual, with per-employee limits, approval flows and AI-assisted review of transactions; receipts are captured in the mobile app, matched to the transaction and posted to the accounting system. The platform also covers invoice payment, reimbursements and multi-entity reporting, and is packaged separately for companies of 1-50, 50-1,000 and more than 1,000 employees. Card issuing in the United Kingdom is operated by Pleo Financial Services UK Ltd, authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, firm reference 1020730. Pleo reports more than 40,000 companies across 16 European countries and over 800 employees.

1. Mastercard company cards: physical and virtual cards issued per employee, with individual limits and instant issuance.

2. Spend controls: card limits, approval flows and AI-powered review of transactions against company policy.

3. Receipt matching: employees photograph receipts in the mobile app and the system pairs them with the card transaction automatically.

4. Beyond cards: invoice payment, employee reimbursements and multi-entity reporting in the same platform.

5. Regulated issuing: Pleo Financial Services UK Ltd is FCA authorised under the Electronic Money Regulations 2011, reference 1020730.

6. Footprint: more than 40,000 companies across 16 European countries, with 800 or more employees.