Pleo provides a comprehensive spending management platform for European businesses, combining smart company cards with automated expense reporting and invoice processing. Founded in 2015 and now valued at over $1 billion, the company serves more than 40,000 businesses across Europe from its Copenhagen headquarters.
The platform addresses the full spectrum of corporate spending operations. Employees use Pleo's smart cards for transactions, while the system automatically captures and categorises expenses, routes approvals, and tracks recurring subscriptions. Integration with accounting systems enables seamless data flow into existing financial infrastructure, supporting multi-entity management and analytics across organisations of varying sizes.
With over 850 employees and €372 million in funding, Pleo operates as a substantial fintech participant in the European expense management sector, competing in a space where automation and user experience increasingly differentiate solutions.
