Update: Not just best Fintech startup, Pleo won the entire contest, becoming the Poineer Challenge winning Startup 2016!

Fintech startup Pleo that offers smart company payment cards for employees has been awarded the Best Fintech Startup and a Top 7 finalist startup, selected from more than 3 000 company applications from 92 countries, at the Pioneers Festival Startup Challenge.

Pleo was founded in 2015 by fintech veterans Jeppe Rindom and Niccolo Perra, both early team members of the Danish startup success, Tradeshift, with years of experience building successful financial products. Pleo is headquartered in Copenhagen with office in London as well. Pleo is also a part of the Seedcamp incubator and was recently shortlisted as one of Europe’s most innovative fintech startups by Money 20/20 as well.

Pleo offers smart creditcards for employees enabling them to buy the things they need for work, all while keeping the companies in control of spending. With the help of advanced technology, Pleo reduces the administrative complexity and simplifies bookkeeping. Pleo has it’s own Mastercard, which are easy to administrate and keep track of, as they can be either virtual or plastic as well as integrating with bookkeeping systems and automating as much as possible.