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← Embedded Finance Index 2026

Pleo

Also a provider — view Pleo’s profile →

“Can a European spend management platform become the full financial OS for SMBs by combining corporate cards, expense management, invoicing, and embedded lending?”

Founded2015
HQCopenhagen, Denmark
FoundersJeppe Rindom, Niccolo Perra
IndustryHorizontal SaaS / Spend Management
The story

No narrative captured yet — re-analyze with the company_profile pipeline to populate.

Last 12 months
2024-05-13
2025-09-01
2025-10-21
2026-05-12
In the press
embeddedfinancereview.com ↗
Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2025-09-01
Pleo Launches Money Market Fund Investment Feature in Germany
Pleo launches investment account for German businesses via Lemon Markets partnership. Why embedded investment is fintech's next growth opportunity.
pleo
Source · Embedded Finance Review ↗
◇ article2025-07-18
Pleo Launches Embedded Expense Management Platform for Banks and Fintech Companies
Pleo Embedded enables banks and fintech to integrate full expense management platform beyond just cards. Analyzing competition with banking-as-a-service providers.
pleo
Source · Embedded Finance Review ↗
Same company
Pleo was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
Plus Pleo6 layers →
The stack
5 layers disclosed in Pleo’s embedded-finance stack
Banking / BaaS
Evolve Bank & Trust
Card issuing
in the full report
Unified APIs
in the full report
Sponsor bank
in the full report
Fraud
in the full report
Accounting gap: none
4 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Pleo — frequently asked

What bank does Pleo use?

Pleo discloses Evolve Bank & Trust as its banking provider, according to the Embedded Finance Index 2026.

Is Pleo a bank?

Pleo does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.

Who issues Pleo's cards?

Pleo's cards are issued through Evolve Bank & Trust.

What fraud prevention does Pleo use?

Pleo uses Taktile for fraud prevention.

What is Pleo's embedded finance stack?

The Embedded Finance Index 2026 maps 5 layers in Pleo's stack: Banking / BaaS (Evolve Bank & Trust); Card issuing (Evolve Bank & Trust); Unified APIs (Chift); Sponsor bank (Evolve Bank & Trust); Fraud (Taktile).

Who founded Pleo?

Pleo was founded by Jeppe Rindom and Niccolo Perra and is founded in 2015, headquartered in Copenhagen, Denmark.

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