Pleo (Ashby)

Pleo is a Danish financial software company founded in 2015 providing corporate card and expense management solutions for companies of all sizes. Based in Copenhagen, Denmark, the company was established by co-founders including Jeppe Ringgaard to simplify how organizations manage employee spending and expenses. Pleo operates as a venture-backed private company with institutional investor backing. The platform integrates corporate card issuance with automated expense reporting and real-time spending visibility, helping companies reduce manual expense management overhead. Pleo has grown substantially across Northern Europe and serves hundreds of companies managing employee expenses at scale. The company differentiates through user experience and modern technology in the corporate finance software space, competing alongside platforms like Divvy and Expensify.