Top 5 Pleo alternatives: compare fees, features & benefits

Looking for a different approach to managing your business expenses? 

While Pleo offers comprehensive spend management features, several alternatives provide unique strengths – from integrated tax tools to international payment capabilities.

In this article, we'll compare five leading platforms to help you find the solution that best matches your business requirements, whether you're focused on domestic operations or expanding globally.

What is Pleo?

Pleo is a cloud-based spend management platform that streamlines the way businesses handle corporate expenses through smart company cards and automated expense reporting.

Founded in Copenhagen in 2015 by financial technology veterans Jeppe Rindom and Niccolo Perra, Pleo has grown to serve over 37,000 customers across Europe.

While initially targeting startups and small businesses seeking to modernise their expense processes, Pleo now serves companies of all sizes, from professional services firms to fast-growing brands like HelloFresh and Soho House.

The top 5 alternatives to Pleo

Here are the top alternatives for Pleo.

Airwallex

Airwallex is a global financial platform that combines expense management with international payment capabilities. Built for businesses with global ambitions, it offers multi-currency accounts, competitive FX rates and comprehensive spend controls across 180+ countries. Its integrated approach is valuable for growing companies managing international operations and cross-border payments.

ANNA

ANNA is an AI-powered business account and tax app designed specifically for UK small businesses. Supporting over 100,000 businesses, it stands out by combining expense management with automated bookkeeping and tax calculations. Following its recent acquisition of GetCape, ANNA is expanding internationally to serve Australia's 2.5 million small businesses, particularly in technology, healthcare, professional services and e-commerce sectors.

Payhawk

Payhawk offers an all-in-one spend management solution that combines corporate cards, expense management and accounts payable. Operating in over 32 countries, it serves businesses looking to streamline their financial operations across Europe, the US and the UK. Its platform is particularly strong for companies needing sophisticated approval workflows and real-time spending visibility.

Soldo

Soldo is a spend control platform that streamlines expense management for businesses of all sizes. Founded in London in 2014, it helps companies manage their entire business expense cycle through smart company cards, automated expense tracking and multi-currency support. Organisations like Sony and Age UK trust it for its robust spend control features.

Tide

Tide is a comprehensive business banking platform serving over 10% of UK SMEs. While primarily known for its business banking services in the UK, Tide offers expense management features including employee cards, automated receipt capture and integrated accounting tools. It's particularly suited for small businesses and freelancers seeking a combined banking and expense management solution.

Compare the top 5 alternatives to Pleo

Why choose Airwallex over Pleo?

Use our comparison table to see how Pleo measures up against Airwallex on fees, features and benefits.

*£0/month if you deposit at least £10k per month or hold a minimum balance of £10k. For more information, see here.

What questions should I ask when choosing alternative providers to Pleo?

When evaluating expense management solutions to replace Pleo, ask these essential questions to ensure you find the right fit for your business needs:

1. What are the total costs, including monthly fees, card charges and currency conversion rates?

2. Can I issue both physical and virtual cards, and how many can I have on each plan?

3. How granular are the spend controls and approval workflows?

4. How does the platform handle receipt capture, categorisation and reconciliation?

5. What integrations are available with accounting software and other business tools?

6. How extensive is the international coverage and what are the foreign transaction fees?

7. What reporting and analytics capabilities are offered to track expenses?

8. What level of customer support is provided and in which time zones?

9. Are there any minimum contract terms or set up fees?

10. What security features and compliance standards are in place?

Discover how an all-in-one global financial platform like Airwallex could transform your business

If you’re a fast-growing global business, chances are you’re handling international payments, holding multiple currencies, accepting payments from customers worldwide and managing employee expenses. While Pleo excels at spend management, it covers only one piece of your financial needs.

Airwallex combines expense controls with the ability to collect, manage and move money globally on a single platform that helps businesses expand without juggling multiple providers.

Is it time to find out how a unified financial platform could work for your business?

Disclaimer: We wrote this article in Q1 2025. The information was based on our own online research and we were not able to manually test each tool or provider. The information is provided for educational purposes only and a reader should consider the specific requirements of their business when evaluating providers. This research is reviewed every six months. If you would like to request an update, feel free to contact us at [email protected].

Sources

For more information on Airwallex, visit Airwallex Business Account and Airwallex pricing.

1. https://anna.money/

2. https://anna.money/pricing/

3. https://payhawk.com/blog/cross-border-payments-for-b2b

4. https://www.soldo.com/en-gb/applepay/

5. https://www.soldo.com/en-gb/pricing/

6. https://www.tide.co/features/card-payments-links/?srsltid=AfmBOoo4FSyfaMr-HB4Olm84FjSUTVE8fpHPz92nThEX1txBTa0agso_

7. https://www.tide.co/features/tap-to-pay-on-iphone/

8. https://www.tide.co/features/expense-cards/

9. https://www.tide.co/business-current-account/smart/

10. https://www.tide.co/business-current-account/