# Pleo **Type:** [[Spend Management]] · [[Issuing]] **Archetype:** [[eu-sme-fintech-market-map|Issuing-led]] **HQ:** Copenhagen, Denmark **EU licence:** Pleo Financial Services A/S — Danish FSA EMI licence (EEA passporting) **Founded:** 2015 **Scale:** 30,000+ businesses across Europe **Target:** SMEs and mid-market companies managing team spending --- Pleo is Europe's leading spend management platform. Its product is built around the insight that company card spend is a workflow problem, not just a payment problem: employees need cards, managers need visibility and controls, finance teams need reconciliation and receipts. Pleo addresses all three. **Core products:** - Smart company cards (physical + virtual) — per-user budgets, category controls, real-time notifications - Receipt capture — employees photograph receipts; Pleo extracts VAT and attaches to transaction - Approval workflows — out-of-policy spend requires manager approval before or after - Expense reimbursements — reimburse employee out-of-pocket spend through same platform - Accounting integrations — Xero, QuickBooks, Sage, Datev, NetSuite, Microsoft Dynamics - Pleo Pocket — employee reimbursement wallet - Vendor cards — single-use or locked virtual cards per vendor/subscription **Key differentiator vs Payhawk:** Pleo is more SME-accessible; Payhawk skews more mid-market with deeper ERP integration and AP automation. **Connected:** [[Issuing]] · [[eu-sme-fintech-market-map]] · [[Payhawk]] · [[DATEV]] · [[PSD2]] · [[EMD2]] · [[qonto-pi-case-study]] *FintechGraphs · [[about|Who we are]]*