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Builders in Fintech

Pleo

Pleo is a company based in Denmark. Builders in Fintech has recorded 6 equity rounds for Pleo, most recently an unspecified round of $200M on 9 December 2021.

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Country
Denmark
Licences
  • FCA · E-money institution · Authorised · checked 19 October 2026
  • Finanstilsynet · E-money institution · Authorised · checked 19 October 2026
Products
Total raised
$428.3M · equity rounds with a stated amount
Last round
Credit line · $40M · 3 May 2024

Timeline

  1. Funding round

    Credit line · Debt · $40M · HSBC

  2. Funding round

    Unspecified · $200M

  3. Funding round

    Growth · $150M · Bain Capital Ventures (lead), Creandum, Founders, Kinnevik, Seedcamp, Stripes, Thrive Capital

  4. Funding round

    Series B · $56M · Stripes (lead), Creandum, Founders, Kinnevik

  5. Funding round

    Series A · $16M · Kinnevik (lead), Creandum, Seedcamp, the Founders, Vækstfonden

  6. Funding round

    Seed · $3.3M · Creandum (lead)

  7. Funding round

    Seed · $3M · Founders (lead)

All funding rounds in the database

Product

Spend management for European businesses: company cards, invoices, expenses

Finance operations and accounting

Pleo is a business spend management platform for European companies. Employees get their own physical, virtual or vendor-specific Mastercard company cards with spending limits, and receipts are captured in the app so expense reports are no longer needed. Finance teams also handle supplier invoices (accounts payable), out-of-pocket reimbursements and mileage, approvals, budgets and multi-entity setups, with exports to common accounting systems. Pleo Technologies A/S and Pleo Financial Services A/S are based in Denmark, and the company reports more than 40,000 customers.

Website

Description from the company website · Source

Licences & registrations

  • PLEO FINANCIAL SERVICES UK LTD

    E-money institution · FCA · United Kingdom

    Authorised · Register ID 1020730 · Last checked 19 October 2026

  • Pleo Financial Services ApS

    E-money institution · Finanstilsynet · Denmark

    Authorised · Register ID DK_DFSA!40506 · Last checked 19 October 2026

    Passported to 29 countries

    Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

From public registers as of the last-checked date. Always confirm on the regulator's register before relying on it.

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