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Fintech firm Pleo raises EUR 50m in series B funding round
May 13, 2019

Pleo, a Danish-based fintech that provides corporate payment cards and cloud-based receipts, has raised EUR 50m in its series B funding led by US-based Stripes. Pleo was founded in 2015 and has now raised a total of EUR 70m. The latest funding round is supposed to expand operations within Europe. Pleo reported a gross loss of DKK -1m and EBITDA of DKK -28m in 2018. The deal size is undisclosed.

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