Pleo is a European fintech that automates expense reports and simplifies company spending via their smart corporate prepaid cards; today they announced a new collaboration with JPMorgan and Mastercard that will enable them to move beyond prepaid cards to corporate credit cards; JPMorgan is providing the API that will allow Pleo to process customer payments in real time and Mastercard will help Pleo bring a corporate credit card to the European market; Jeppe Rindom, CEO and co-Founder of Pleo said, “Collaborating with J.P. Morgan and Mastercard will enable us to scale our revolutionary technology faster across Europe and help us move from our initial version of a product – the prepaid card – to something much more scalable for the future and more widely accepted – corporate credit cards.” UK Tech
