Denmark · Payments & e-money
Pleo Financial Services ApS
Legal name in the LEI recordPleo Financial Services A/S
Pleo Financial Services A/S is a Danish public limited company based in Copenhagen. The Danish Financial Supervisory Authority (Finanstilsynet) authorises it as an electronic money institution under register reference 40506. It is the licensed payments entity of the Pleo group, and its sister company Pleo Technologies A/S supplies the spend-management software. It issues Pleo Commercial Mastercard cards and e-money accounts to businesses registered in the EEA. It also handles their invoice payments, employee reimbursements and multi-currency balances.
Licences and registrations
Held by Pleo Financial Services ApS (LEI 984500E82DT67A4D5F98). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterDanish Financial Supervisory Authority | Electronic money institutionE-Money / Stored Value Institution | 39155435 | Denmark | Active | 2018-11-30 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Firm type
E-money and accounts
Trades as Pleo
- Standing
- The firm was formerly Pleo Financial Services ApS and is now an aktieselskab (A/S). UK customers are served by the sister company Pleo Financial Services UK Ltd, which the FCA authorises as an electronic money institution (FRN 1020730). Companies House shows the firm's UK overseas-company registration FC039253 as converted or closed on 29 September 2026.
- Ownership
- The firm is the licensed e-money entity of the Pleo group, alongside the software company Pleo Technologies A/S. Its direct parent was not confirmed from a primary source.
- Head office
- Ravnsborg Tværgade 5 C, 4., 2200 Copenhagen N, Denmark
- Company register
- CVR 39155435
- Incorporated
- 2017
- Founders
- Jeppe Rindom · Niccolo Perra
- Former names
- Pleo Financial Services ApS · Pleo Solutions ApS
Online
- Websites & references
- pleo.io ↗
embedded.pleo.io ↗ Pleo Embedded (white-label cards and spend management for platforms)
help.pleo.io ↗ help centre
developers.pleo.io ↗ developer documentation
status.pleo.io ↗ status page
blog.pleo.io ↗ blog - Official social accounts
- LinkedIn ↗ · Instagram ↗ · YouTube ↗
Sources · 12 pages consulted
- pleo.io/legal-documents/pleo-master-service-agreement-en-de.pdf
- pleo.io/en
- pleo.io/da/legal-dfsa
- pleo.io/ie/faq
- pleo.io/ie/safer-spending
- pleo.io/en/about
- embedded.pleo.io/
- find-and-update.company-information.service.gov.uk/company/FC039253
- find-and-update.company-information.service.gov.uk/company/FC039253/officers
- finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2022/sep/pleo_140922
- blog.pleo.io/en/series-c-extension
- thenextweb.com/news/pleo-layoffs-ai-agents-finance
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Danish Financial Supervisory Authority authorises the firm as an electronic money institution (register reference 40506). It is the payment service provider and e-money issuer under Pleo's EEA customer agreement.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Danish Financial Supervisory Authority (Finanstilsynet) Denmark | Electronic money institution (e-pengeinstitut) | 40506 | In its own name | Active | pleo.io ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that customer funds go to segregated safeguarding accounts at J.P. Morgan, or at Danske Bank for customers in Denmark and Sweden.
- Safeguarding bank
- J.P. Morgan
- Safeguarding bank
- Danske Bank Denmark
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It provides commercial Mastercard cards drawing on a prefunded e-money account, invoice payments by SEPA, Faster Payments and wire, employee reimbursements, and multi-currency accounts in EUR, GBP, USD, DKK, SEK and NOK. It also refers customers to a money-market investment account run by a third-party provider.
It serves business customers registered in the EEA under its Danish licence. The Pleo group says it serves businesses in 16 European countries, with the UK served by a sister entity.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in 15 countries
- Denmark · Sweden · Norway · Finland · Germany · Austria · Netherlands · Belgium · Luxembourg · France · Spain · Portugal · Italy · Ireland · Estonia
- Latest funding round
- Series C extension · USD 200m Dec 2021Led by Coatue Management
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Jeppe Rindom Co-founder and Chief Executive Officer (Pleo group)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Companies House recorded the firm's UK overseas-company registration FC039253 as converted or closed on 29 September 2026.
find-and-update.company-information.service.gov.uk ↗ -
Other
The Pleo group cut around 50 roles, mainly in engineering and data teams, according to The Next Web.
thenextweb.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · EBA-PSD2
- 39155435
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 2541169dcd57
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- Card acquiring
- E-money / stored value
- Licensed in
- Denmark · Europe & Central Asia
- First registered
- 2018-11-30
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Address on the register
- Ravnsborg Tværgade 5, 4, København N, 2200
- Country
- Denmark
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>984500E82DT67A4D5F98</LEI>
<Nm>Pleo Financial Services ApS</Nm>
<PstlAdr>
<PstCd>2200</PstCd>
<TwnNm>København N</TwnNm>
<Ctry>DK</Ctry>
<AdrLine>Ravnsborg Tværgade 5, 4</AdrLine>
</PstlAdr>
</FinInstnId>- CBPR+ does not accept the characters ø æ in names and addresses. Transliterate before sending.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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