6 years ago
Soldo Raises €54 Million for Expense Management Solutions
London-based expense management platform Soldo has closed a €54 million Series B round led by Battery Ventures and Dawn Capital
The funding will be used to consolidate its position in the UK and scale into new European markets.
ProblemFinancial Services
"Many businesses are still using basic spreadsheets and manual processes to manage their expenses."
Solution
"Soldo is a fintech platform that provides a dedicated spending account which preemptively controls and streamlines the spend management cycle. Prepaid Mastercards and an intuitive user app enables transaction data to be recorded at the point of purchase, and all data integrates seamlessly with business accounting software."