Pleo

wealthtech-retailpersonal finance managementb2b fintechdigital cards

FOUNDING YEAR: 2015
LOCATION: United Kingdom
Last Update: 01/05/2020

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About

Pleo offers smart payment cards for employees enabling them to buy the things they need for work, all while keeping the companies in control of spending.Pleo revolutionises business spending by reducing administrative complexity, eliminating expense reports and simplifying bookkeeping.www.pleo.io

MEDICI Analysis

Pleo provides business spending solution by offering smart payment cards for employees. Pleo offers on-­demand Prepaid MasterCard® virtual cards (for online purchases) and plastic cards (for in­store purchases) connected to a desktop and mobile app for both employees and managers to track and manage all company expenses in real time.

Focus

PRODUCTS & SERVICES

Platform to manage company expenses using Pleo payment card for employees. Pleo reduces the administrative complexity, eliminates expense reports and simplifies bookkeeping.

REVENUE MODEL

Currently, the service is free to users and also plans to come monthly subscription fee for active users.

MAIN CLIENTS

Planday

Yoyo

Hive

Famly

Nodes

Tactile

Hello

Spot on marketing

COMMENT

Pleo offers instant and on-demand Prepaid Mastercard virtual cards for online purchases and plastic cards for in-store purchases, Pleo enables employees to buy the things they need for work, all while keeping the companies in full control of all spending.

company provided insights

Traction

ACTIVE USERS COMMENT:

650 companies signed up for early access representing more than 10,000 employees.

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