---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

Pleo

🌎 pleo.io

Pleo is Europe's leading business spending solution, designed to centralize and streamline company expenses, reimbursements, invoices, and budgets. With smart company cards and automated expense management, Pleo helps businesses maintain financial efficiency and control over their spending, allowing teams to focus on their core work. Trusted by over 37,000 companies, Pleo simplifies the process of managing business finances through real-time tracking and integrations with accounting systems.

---

Pleo - Latest News and Updates

• Pleo is currently seeking a Reward Director in Germany.
• Robert Fransgaard, Vice President of Design, Brand and Research at Pleo, has left the company.
• Brad Jayakody, Senior Vice President of Engineering at Pleo, shared that they will be hiring multiple engineers in the coming months to realize their roadmap.
• Dr. Leda Glyptis discussed Pleo's recent Finance and Business Synergy Report, highlighting that 39% of people prefer working with AI over humans.
• On January 30, Pleo organized an executive lunch in Barcelona to discuss the benefits of automating employee expense management, highlighting their unique offering of financial services alongside expense solutions.

• Kinnevik, an investor in Pleo, has reduced the value of its stake by over 25% year-on-year, giving Pleo an implied valuation of around $1.62 billion in Q4 2024.

---

Sign up to receive regular updates

If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.