Soldo provides a spend management platform that combines programmable physical and virtual cards with cloud‑based expense software. It enforces spend limits and approval workflows, aggregates real‑time transaction data in a centralized dashboard, and integrates with accounting, ERP, and HR systems to automate reconciliation and reporting for finance teams.
Funding
$180M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
THFounders
Product
Problem
Companies with distributed teams often struggle to monitor and control decentralized spending, leading to manual expense processing, policy violations, and delayed financial visibility.
Solution
Soldo offers a unified spend management platform that pairs programmable physical and virtual payment cards with cloud‑based expense software. The system enforces configurable spend limits and approval workflows at the card level, automating policy compliance. Real‑time transaction data is aggregated in a centralized dashboard, giving finance teams instant visibility into operational, travel, and discretionary expenses. Integrated accounting and ERP connectors streamline reconciliation, while the mobile app lets employees capture receipts and request funds on the go. Built‑in reporting and analytics provide actionable insights for budgeting, forecasting, and audit readiness without additional manual effort.
Target Audience
The primary users are finance leaders (CFOs, finance managers) and operations teams in small to large enterprises that need to centralize and automate decentralized spend while maintaining policy compliance.
Features
- Programmable prepaid and virtual cards with per‑card spend caps, merchant category controls, and geographic restrictions
- Automated approval workflows and real‑time spend alerts to enforce corporate policies
- Centralized dashboard with live transaction feeds, budget tracking, and customizable analytics reports
- Mobile app for instant receipt capture, expense submission, and on‑demand fund requests
- Seamless integrations via APIs and pre‑built connectors for major accounting (e.g., Xero, QuickBooks), ERP, HR, and e‑commerce systems
- Multi‑entity and team hierarchy management to allocate funds across departments, projects, or subsidiaries
- Automated accounting sync and export of transaction data in standard formats (CSV, OFX, API)
- Enterprise‑grade security, including encryption at rest, role‑based access controls, and compliance with ISO 27001 and GDPR standards