European spend management platform Pleo has worked with Mastercard to launch an embedded finance offering that helps businesses managing large networks of SMB customers to offer real-time financial intelligence via spend and cash management capabilities directly from their own platform.
Pleo Embedded lets partners offer their customers smart company cards, automated expenses, accounts payables, and real-time cash management as a fully white-labelled or co-branded offering.
It provides integrations with over 50 specialist software solutions in accounting and HRIS, while Mastercard acts as the main card scheme and a strategic partner.
Kunal Galav, VP, embedded finance, Pleo, says: "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 give SMBs the capabilities to manage spend, cash flow, and growth more intelligently without reinventing the wheel - all while creating new value for their own business."