Pleo vs Spendesk: Features, Coverage and Pricing Compared (2026)

Key Features Compared

Pleo vs Spendesk at a Glance, November 2026

Feature	Pleo	Spendesk
Ratings
Fintech Index score	79 / 100Higher score	74 / 100
Overview
What it is	Spend-management platform that gives staff company cards, captures receipts, pays supplier invoices, and syncs spending to accounting	Spend-management platform that gives teams cards and requests, approves purchases, collects receipts, and pays supplier invoices
Who uses it	Small and mid-size European companies; more than 40,000 businesses in 16 markets	More than 3,000 finance teams, most of them mid-sized European companies
Main products	Physical and virtual Mastercard cards, vendor cards, expense claims, invoice scanning, accounts payable, and sub-accounts	Physical, virtual, single-use, and subscription cards, purchase requests and approvals, invoice management, expense claims, and procurement
Where it operates	16 European markets	Europe
Products and features
Company cards	Mastercard and vendor cards; limits from Build	Virtual, physical, and single-use cards
Invoicing and bookkeeping	Receipts, auto-categorisation, and invoice scanning	Invoice capture, receipts, and accounting sync
Deposit guarantee	Not a bank account	Not a bank account
Pricing
How pricing works	UK: Start ~$11, Build ~$19, and Optimise ~$24 per user a month; three-user minimum on Build and Optimise	Quote only: a fixed monthly platform fee plus a fee based on transactions, with add-ons priced in the quote
Published prices	From ~$11 per user a monthPer-user prices posted	Prices are quoted by sales
Technology and compliance
Licenses and account protection	Pleo Technologies A/S (CVR 36538686); does not replace a business bank account	Licensed e-money institution in the EU; accounts are not covered by deposit guarantee schemes
Apps and API	Custom exports, categories, and tags	API and accounting exports
Integrations and partners	Accounting on every plan; HR systems on Optimise	Xero, QuickBooks, DATEV, NetSuite, more than 40 HR and ERP tools, and an open API
Onboarding and support	Self-serve with email support on Start; live chat on Optimise	Customer success team and a help center
Company
Founded	2015	2016
Headquarters	Copenhagen, Denmark	Paris, France
Ownership	Private	Private spend management software and e-money institution
Funding	Raised $200M in its 2021 Series C extension, from Coatue, Alkeon, Bain Capital Ventures, and others	Approximately $304M, including a Series C of ~$114M led by Tiger Global in January 2022 with General Atlantic, Eight Roads, and Index Ventures
Key leader	Jeppe Rindom	Axel Demazy
Scale	2025 net revenue of ~$145M, up 25%; a loss of ~$51M	Annual recurring revenue over €50M in 2024; approximately $304M raised

Fintech Index Scores Compared

We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Pleo scores 79 and Spendesk scores 74.

Criterion Scores Out of 100

Key Differences Between Pleo and Spendesk

Pricing Model

Pleo charges approximately $11 to $24 per user a month in the UK. Spendesk quotes a fixed platform fee plus a fee on transactions and does not post amounts.

Approvals

Spendesk lets employees request a purchase and get approval before the card is used. Pleo issues cards with limits and gives staff receipt capture.

Scale

Pleo reports more than 40,000 companies and approximately $145M of 2025 net revenue. Spendesk reports more than 3,000 finance teams and passed €50M in annual recurring revenue in 2024.

Pros and Cons

Who Each Is Best For

Alternatives to Pleo and Spendesk

These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Pleo and Spendesk.

Other Spend Management Companies

Frequently Asked Questions