What it is
Pleo issues company cards to employees with spending limits, captures receipts in the app, handles invoices and reimbursements and syncs with accounting software; a free tier covers very small teams.
Who it suits
European and UK small and medium businesses that want to stop chasing receipts.
Regulation and protection
Authorised electronic money institution regulated by the Danish FSA and the FCA.
How it charges
A free plan for small teams, then per-user monthly tiers; card spend is funded from your Pleo wallet.
Getting started
Sign up, verify the business, invite team members and issue virtual or physical cards.
At a glance
- Pricing
- Per user per month
- Free plan
- Yes (small teams)
- Payroll
- No
- Tax filing
- VAT capture on receipts
- Multi-currency
- EUR, GBP, DKK, SEK wallets
- Accounting sync
- Yes
- Is a bank
- No (e-money)
- Headquarters
- Copenhagen
- Founded
- 2015
Strengths
- Cards with limits for every employee
- Automatic receipt matching
- Free tier for small teams
Watch for
- Europe and UK only
- Advanced features on higher tiers
Readers ask2 questions answered
Is Pleo a bank?
No; Pleo is an authorised e-money institution and funds are safeguarded.
Does Pleo work with Xero?
Yes, along with QuickBooks, Sage and other accounting systems.
How it comparesIts standing in 1 comparison
Best for UK and European small teams
- Free plan
- Yes (small teams) 1 provider in this comparison
- Multi-currency
- EUR, GBP, DKK, SEK wallets 1 provider in this comparison
- Accounting sync
- Yes 4 of them share this
- Is a bank
- No (e-money) 2 of them share this
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