European
spend administration platform Pleo has joined forces with Berlin-based fintech
lemon.markets to roll out an funding account function for German enterprise
clients, permitting corporations to place surplus money into low-risk cash market
funds.
Pleo Groups With
lemon.markets for Enterprise Funding Instrument
The brand new
“Pleo Funding Account” lets companies make investments idle money immediately
via Pleo’s present interface, incomes returns on funds that may
in any other case sit in low-yield accounts. Corporations can entry their cash the subsequent
enterprise day, sustaining the flexibleness of a daily money account whereas
producing greater returns.
The
partnership faucets into what the businesses describe as a €2 trillion alternative
throughout Europe, the place 26 million small and medium companies maintain deposits that
generate minimal returns. Most of those funds stay parked in conventional
accounts regardless of doubtlessly higher funding choices.
“With
‘Pleo Funding Account’, we’re enabling our clients to place their idle money
to work, incomes yield with out interrupting their present workflows,”
mentioned Amit Kahana, VP of Credit score and Treasury at Pleo.
How It Works
The
funding course of works via lemon.markets’ API infrastructure, which
handles all the things from buyer onboarding to commerce execution and regulatory
compliance. Enterprise clients arrange accounts via a digital course of inside
the Pleo app, then allocate money that will get routinely invested in cash
market funds.
Max Linden,
founder and CEO of lemon.markets, described the launch for example of
embedding funding capabilities immediately into enterprise instruments corporations
already use day by day. “We’re proud to accomplice with main Fintechs like
Pleo as we scale,” he mentioned.
Rising Demand for
Embedded Finance
This marks
lemon.markets’ second main partnership within the enterprise treasury area,
following an analogous collaboration with banking supplier Holvi. The offers
spotlight rising curiosity amongst fintech corporations in providing embedded
funding merchandise that assist companies optimize money administration.
Pleo, which
raised $150 million in Sequence C funding in 2021 at a $1.7 billion valuation,
serves over 40,000 companies throughout 16 European markets with expense
administration and monetary workflow instruments. The Danish firm has been increasing
past its core spend administration platform into broader monetary providers.
lemon.markets
operates as a brokerage-as-a-service supplier, providing banks and fintechs
entry to capital markets via a single API. The corporate has beforehand
partnered with main monetary establishments, together with BNP Paribas and Deutsche
Financial institution, and not too long ago expanded into worker inventory compensation applications via a
collaboration with Optio Incentives that serves DAX-listed corporations.
Based in
2020, lemon.markets has raised over €28 million from buyers together with
CommerzVentures and Creandum. The corporate grew to become a part of the dwpbank Group in
August 2025, getting access to a platform that manages over €2.2 trillion in
belongings underneath custody.
This text was written by Damian Chmiel at www.financemagnates.com.
