Toronto, Canada
Plooto, founded in 2015, is a Toronto-based fintech company dedicated to revolutionizing the payment automation landscape for small and midsize businesses (SMBs). Their platform streamlines accounts payable and receivable processes, serving over 12,000 businesses across North America. By integrating seamlessly with accounting software like QuickBooks, Xero, and NetSuite, Plooto eliminates manual tasks, reduces risks, and prevents costly human error.
The company's all-in-one solution offers automated workflows, built-in controls, and explicit approval protocols, ensuring a smooth, secure, and transparent financial management experience. This positions firms to save time, enhance compliance, and scale effectively.
Backed by notable investors such as Centana Growth Partners, Fintop Capital, and Luge Capital, Plooto secured a $27.00M Series B investment in December 2022, fueling its growth trajectory in the fintech sector.
