Soldo was founded in London in 2015 by entrepreneurs and banking experts who saw the need for a better way to manage business spending.

Our name comes from the Italian word for a coin once used for small everyday transactions. It reflects our focus on the purchases that keep companies running but are difficult to track and control.

We welcomed our first customer in 2017. Today we serve more than 25,000 organisations across 31 countries, helping companies in industries from manufacturing and media to healthcare and retail.

What started as a solution to improve visibility over small purchases has grown into a platform that transforms how businesses approach spending. Our story is still being written as we continue to grow and innovate.

Our vision is to put a company card in the hand of every employee so that businesses can move faster without losing control of spending.

We do this by combining company cards with intuitive software to make managing business spend simple.

Finance teams gain real time visibility and control. Employees get the autonomy to make purchases that help them do their best work.

Businesses use Soldo to manage travel and expenses, set team budgets, and handle unpredictable spending.

Traditional finance processes are often slow, messy, and restrictive. They hold back employees and leave finance teams tied up in admin.

Progressive Finance is our vision for a better way. It is built on trust, autonomy, agility, transparency, innovation, and empowerment.

We believe in giving employees controlled freedom while providing finance leaders with the oversight they need. The result is a workplace where people feel trusted, and finance has the clarity to support growth.

Backed by the world’s leading investors

We’re proud to join portfolios that include Facebook, Spotify, Monzo, Slack, Square and Deliveroo.

In 2021, we closed a $180 million Series C to extend our market lead, accelerate product development and grow our teams across six markets. All to deliver a better experience and exceptional support for our customers.

The round was led by Temasek, with new investment from Sunley House Capital, Advent International’s crossover fund and Citi Ventures. Accel, Battery Ventures, Dawn Capital and Silicon Valley Bank also continued their support through equity and debt financing.

Soldo’s ESG efforts include