The fintech Pleo reinforces its staff. He has recently joined his management team at Mette Hindborg Gade, What Chief People Officer (CPO). Hindborg will be responsible for leading Pleo’s workforce growth strategy, in line with plans for international expantion of the company, as well as favoring the development of internal talent.
Formerly a partner at McKinsey & Company and an engineer by training, Hindborg has extensive experience leading teams and implementing employee-focused business transformation strategies, particularly in fast-growing businesses in the financial sector.
Prior to joining Pleo’s management, Mette collaborated as advises on the implementation of corporate strategy of fintech. It is a business plan aimed at promoting the growth of the scale-up, with the following objectives: open 15 European markets in 2022 (having already landed in two of them, and having a presence in eight countries), double the size of the workforce and favor the professional growth of the more than 500 current workers; all this while maintaining a human resources strategy focused on inclusion and individual development.
In Spain, Pleo plans to triple the size of the team located in its Madrid offices. “I am very happy to join Pleo. Every moment I spend in the company I feel more motivated and identified with both its solution and its business mission”, explains Hindborg. “Pleo is a really special company, which is committed not only to a transformative way of managing company expenses, but also to making all employees feel valued in their work. I am looking forward to collaborating in this task within the company itself and making Pleo the best valued company to work for in the B2B segment, something that I am sure I can achieve”he concludes.
Third addition in a month
The incorporation of the CPO occurs just one month after that of other two c-level managers: James Keating (from Microsoft, Cognizant and Dropbox) as Chief Marketing Officer and Anita Szarek (with experience at PayU and Cargill) as Chief Financial Officer.
“Despite the high level of competition in the expense management solutions market, Pleo has the product, the brand, the team and the agility to continue to position itself as the leading expense management solution in Europe”, exposes James Keating. “For this year we have ambitious initiatives planned that will accelerate our growth and allow us to reach a greater number of innovative companies around the world”keep going.
With a hiring rate of 50 people per month, Pleo continues to develop its growth plan after closing 2021 as its record year in financing. Through a Series C round, with its subsequent extension, Pleo managed to raise 350 million dollars and raise its business value to 4,700 million dollars. The round was led by Coatue Management, Alkeon Capital, Bain Capital Ventures and Thrive Capital, and was supported by other investors such as Creandum, Kinnevik, Founders, Stripes and Seedcamp. It is the largest Series C in the Danish market, and one of the largest in Europe.