Pleo

Pleo Secures $43 Million Facility to Expand Credit Offering
Pleo Secures $43 Million Facility to Expand Credit Offering
May 02, 2024  |  Investments

Pleo has secured a 40-million-euro (about $43 million) debt financing facility from HSBC Innovation Banking UK. With this facility, the Danish FinTech will expand its credit offering, Pleo...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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Spend Management Firm Pleo Lays Off 15% of Workforce
Spend Management Firm Pleo Lays Off 15% of Workforce
November 04, 2022  |  Personnel

Expense management solution provider Pleo has laid off 150 employees — 15% of its workforce — as it shifts its target from growth to efficiency. ...

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EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
September 08, 2022  |  emea

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and...

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Today in the Connected Economy: Uber Bets on Robot Delivery
Today in the Connected Economy: Uber Bets on Robot Delivery
September 08, 2022  |  Connected Economy

Today in the connected economy, Uber invests in the future of robotic delivery with a partnership with autonomous vehicle company Nuro. Plus, Zelle marks 5...

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Pleo Teams With Yapily to Power SMB Cash Flow
Pleo Teams With Yapily to Power SMB Cash Flow
September 08, 2022  |  Digital-First Banking

Automated expense management system Pleo is partnering with open banking application programming interface (API) startup Yapily to help small and medium-sized businesses (SMBs) manage cash...

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EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B Italy Antitrust Case
EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B...
December 09, 2021  |  International

In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans...

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The Rising Small Business Spend Management Trend Has Not Been Lost on Investors
The Rising Small Business Spend Management Trend Has Not Been Lost on Investors
December 09, 2021  |  Europe

Business services startup Pleo, which offers expense management tools and smart company cards for small to medium-sized businesses (SMBs), has secured $200 million in a...

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B2B Investors Turn Spotlight On Commercial Cards, Alt-Lending
B2B Investors Turn Spotlight On Commercial Cards, Alt-Lending
July 09, 2021  |  B2B Payments

Investors are diversifying their B2B FinTech targets this week as startups operating in the B2B eCommerce and alternative business lending arena secured funding. Commercial card...

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