# Soldo

**Source:** https://geo.sig.ai/brands/soldo-io  
**Vertical:** FinTech  
**Subcategory:** Multi-User Business Spending  
**Tier:** Growth  
**Website:** soldo.com  
**Last Updated:** 2026-04-14

## Summary

Soldo (London/Rome) provides programmable prepaid Mastercards for distributed teams — field sales, franchise operators — with individual spending rules and centralized oversight; serves European SMBs and mid-market.

## Company Overview

Soldo is a London and Rome-based business spending company that provides programmable prepaid Mastercard cards and an expense management platform for businesses needing to distribute spending power across teams, departments, or subsidiaries. Companies load funds onto Soldo and assign cards to employees with individual spending rules — category restrictions, single-transaction limits, merchant blocks — giving decentralized spending control with centralized oversight. The platform is particularly suited for businesses with distributed workforces including field sales teams, franchise operators, and multi-location businesses. Soldo integrates with accounting software including Xero and QuickBooks and provides real-time transaction feeds that dramatically reduce reconciliation time. Founded in 2014 with offices in London and Rome, Soldo raised over $180M from investors including Battery Ventures, Accel, and Silicon Valley Bank. The company serves over 30,000 businesses across Europe and competes with Pleo, Spendesk, and Payhawk in the European business spending market.

## Frequently Asked Questions

### What makes Soldo good for businesses with field teams or multiple locations?
Soldo lets businesses assign individually programmable cards to field employees or location managers with per-card spending rules, providing decentralized purchasing power while giving headquarters real-time visibility across all cards and locations.

### What does Soldo business spending platform offer?
Soldo is a European business spending platform that provides prepaid Mastercard cards for employees combined with an expense management and administration platform. Finance teams can allocate spending budgets to individual employees or teams, set card controls, and see real-time transaction data — eliminating petty cash and uncontrolled employee spending.

### How is Soldo priced?
Soldo offers subscription plans based on the number of cards and users, with pricing starting at a monthly fee per card. Enterprise plans include additional features like accounting integrations, purchase orders, and dedicated account management.

### Who are Soldo target customers?
Soldo serves European SMBs and mid-market companies, particularly in the UK and Italy, that need to give employees spending access without losing control over expenses. Industries with distributed teams or field workers such as retail, hospitality, and professional services are strong use cases.

### What makes Soldo prepaid card approach different from credit cards?
Soldo uses prepaid Mastercards pre-loaded with specific budgets rather than credit cards, giving companies complete control over the funds accessible by each employee or team. Employees can only spend what has been allocated to them, eliminating credit risk and unexpected invoices.

### What integrations does Soldo offer?
Soldo integrates with Xero, QuickBooks, and Sage for automated expense sync, and connects with Slack for notifications. Its open API allows custom integrations with ERP systems and other business tools used by enterprise customers.

### How does Soldo compare to Pleo and Payhawk?
Soldo competes with Pleo and Payhawk in the European business spending market. Soldo is particularly strong in the UK and Italy and uses a prepaid card model rather than charge cards, which provides different cash flow and control characteristics. Pleo has stronger brand recognition in the Nordics and broader European markets.

### What recent milestones has Soldo achieved?
Soldo raised $180 million in Series C funding in 2021 and expanded its product capabilities including multi-currency accounts and deeper accounting integrations. The company has grown its UK and European customer base and continued expanding its product suite for mid-market companies.

## Tags

fintech, saas, b2b, smb, europe, platform, startup, payment-processing

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*