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Properly Raises US$35M in Series B Financing To Transform The Real Estate Experience In Canada prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Toronto iBuyer Raises $44M With Help From Spencer Rascoff, Eric Wu inman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inman.com Daily Mail and Mail on Sunday newspapers.
Pleo raises $150M at a $1.7B valuation for its new approach to managing expenses for SMBs Whether you are part of the accounting department, or just any employee at an organization, managing expenses can be a time-consuming and error-filled, yet also quite mundane, part of your job. Today, a startup called Pleo which has built a platform that can help some of that work more smoothly, by way of a vertically integrated system that includes payment cards, expense management software, and integrated reimbursement and pay-out services is announcing a big round of growth funding to expand its business after seeing strong traction. ....
Reuters 1 minute read STOCKHOLM, July 6 (Reuters) - Danish fintech Pleo, which offers expense management tool and smart company cards, on Tuesday raised $150 million at a valuation of about $1.7 billion from U.S. investment firms Bain Capital Ventures and Thrive Capital. Pleo currently has more than 17,000 customers across six countries: Denmark, the United Kingdom, Ireland, Spain, Germany and Sweden. Founded in Copenhagen in 2015 by entrepreneurs Jeppe Rindom and Niccolo Perra, Pleo had earlier raised funds from Stripes, Kinnevik (KINVb.ST), Creandum, Founders and Seedcamp. Pleo is well-positioned to become the dominant player in small business spend management, an $80 billion plus opportunity in Europe alone, and will only grow more essential to businesses as the company expands into bill payments in the near future, said Merritt Hummer, a partner at Bain Capital Ventures. ....
By Reuters Staff 1 Min Read STOCKHOLM (Reuters) - Danish fintech Pleo, which offers expense management tool and smart company cards, on Tuesday raised $150 million at a valuation of about $1.7 billion from U.S. investment firms Bain Capital Ventures and Thrive Capital. Pleo currently has more than 17,000 customers across six countries: Denmark, the United Kingdom, Ireland, Spain, Germany and Sweden. Founded in Copenhagen in 2015 by entrepreneurs Jeppe Rindom and Niccolo Perra, Pleo had earlier raised funds from Stripes, Kinnevik, Creandum, Founders and Seedcamp. “Pleo is well-positioned to become the dominant player in small business spend management, an $80 billion plus opportunity in Europe alone, and will only grow more essential to businesses as the company expands into bill payments in the near future,” said Merritt Hummer, a partner at Bain Capital Ventures. ....