European spend management platform Pleo has partnered with Mastercard to launch an embedded finance solution aimed at businesses managing extensive networks of SMB customers. This offering provides real-time financial intelligence through spend and cash management capabilities directly on their platform.
Pleo Embedded allows partners to provide their customers with smart company cards, automated expenses, accounts payable, and real-time cash management, all through a fully white-labelled or co-branded solution. It integrates with more than 50 specialized software solutions in accounting and HRIS, with Mastercard serving as the main card scheme and strategic partner.
Kunal Galav, VP of Embedded Finance at Pleo, states: “Imagine a world where every European SMB has a ‘digital CFO’ in their pocket. This isn’t a distant dream; it’s the new expectation. With Pleo Embedded, our partners can quickly equip SMBs with the tools to manage spending, cash flow, and growth more intelligently, all while creating new value for their own businesses.”