09 December 2021
Written By FinTech Alliance in Business Financial Management
Danish FinTech Pleo has raised $200mn as an extension to its recent funding round.
In Brief:
The FinTech offers expense management tools for companies.
The new funding has tripled its valuation to $4.7bn.
The extension was led by Coatue Management.
What does this mean?
Pleo plans to use the funding to expand its business across Europe, to countries including Finland and The Netherlands.
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