New Pleo Prepaid MasterCard Launches

by PaymentsJournal 0

Latest News

Gibraltar and Copenhagen – August 4th 2016: Innovative and dynamic Danish fintech company, Pleo, announces the launch of their next generation spending technology for employees and their companies. Pleo’s virtual and physical Prepaid MasterCard® cards, issued by IDT Finance, come with a mobile and web app where all company expenses can be tracked by card user. The Pleo offering delivers a much needed, seamless solution for agile companies who want to spend less time and effort managing archaic expense processes.

Daniel Spier, Managing Director of IDT Finance, said, “The Pleo Card is a great new product offering to provide companies an easy and advanced method of tracking their employees’ expenses. We are very pleased to partner with Pleo on their new cards.”

Pleo founder Jeppe Rindom, said, “Our team, along with IDT Finance and other partners, has been working very hard on making Pleo a reality for almost a year now. We have received great feedback and seen a lot of interest from potential clients from the get-go. We are extremely excited to invite the first customers to use our exciting new technology, starting in Denmark and UK.”

No other card is more widely accepted around the world than MasterCard and the Pleo Prepaid MasterCard will be available for companies in Denmark and United Kingdom in 2016. More countries will be added in due course.
If your business is interested in the new Pleo Card, more information is available at

The Pleo Card is issued by IDT Financial Services Limited pursuant to a license from MasterCard International Incorporated. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. IDT Financial Services Limited is a regulated bank, licensed by the Financial Services Commission, Gibraltar. Registered Office: 57-63 Line Wall Road, Gibraltar. Registered No. 95716. All communications should be sent to Pagobox ApS, Indiakaj 12, 2100 Copenhagen, Denmark