Recently, Copenhagen-based fintech company Pleo raised €50 million in a Series B financing round led by Stripes, a leading New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and Founders.
Denmark’s largest Series B!
The round brings the total amount raised by the scale-up to €70 million. Having said that, the Danish fintech startup will be utilising this fund to expand its workforce from 120 to 400 employees by the end of 2020.