Pleo and TravelPerk team up for travel expense automation
TravelPerk’s platform will simplify and automate the travel expense experience for Pleo’s users.
TravelPerk’s platform will simplify and automate the travel expense experience for Pleo’s users.
Williams was formerly CTO at Monzo where they helped scale the engineering and data team by 500%.
The three firms join an ever-increasing list of fintechs hit by the current economic volatility and uncertainty.
Featuring Monzo, Tipalti, Mambu, Tradeshift and Pleo.
The new funds will facilitate the company’s “massive roll-out across Europe” in 2022.
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The firm says the investment brings its valuation to around $1.7 billion.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
The new co-created tool is set to launch later this year.
“With this uncertainty set to rumble on […] Pleo wanted to do something to help.”
The start-up is switching up its purely prepaid card offering model.
Businesses can see transactions in seconds rather than days.
It follows last year’s $16m Series A.