Pleo integrates with Apple Pay across Europe

By John Reynolds on Wednesday 16 September 2020

Digital Banking

The service will launch across six European markets, starting with Denmark and Sweden.

Pleo integrates with Apple Pay across Europe
Image source: Jeppe Rindom and Niccolo Perra/Pleo.

Business banking provider Pleo has integrated Apple Pay into its offering for its UK and European customers.

It will mean Pleo customers can sync their Pleo business cards with Apple Pay to make business purchases on the go.

The Danish fintech will launch the Apple Pay service across six European markets, kicking off in Denmark and Sweden before it is rolled out in Germany, Ireland, Spain and the UK.

Pleo, which was founded in 2015 in Copenhagen, says it has over 10,000 customers in Europe and believes Apple’s mobile payment method, particularly its security and privacy features, will be a hit with its customers.

Nicollo Perrera, Pleo co-founder, said: “We are thrilled to announce this new functionality with Apple Pay. Not only does this make the Pleo service more seamless for our customer base, but continues a trend of people expecting the services they have in their private lives being mirrored in their professional ones."

“It was a no brainer for us to unlock this partnership with Apple as it’s what is expected in an increasingly digitised and integrated world.”

In January, Pleo announced a big strategy shift, ditching prepaid spending cards in exchange for credit cards.

Pleo had previously offered company cards for employees combined with smart expense reporting to help managers and owners oversee spending.

CEO Jeppe Rindom announced the startup’s new partnership with financial giants JP Morgan and Mastercard.

Sign up for our newsletters

Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.

AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Delivered Monday 9am EST/ 6am PST.