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Plooto logo — Plooto helps SMBs (and their accountants) streamline AP and...

Plooto

Plooto helps SMBs (and their accountants) streamline AP and AR in one secure platform.

Founded 2015 Canada Toronto, Canada 115 employees Series B Total: $35.00M Financial Services, Fintech +1

General Information

Company Name Plooto
Founded Year 2015
Location Canada Toronto, Canada
Employees 115
Industries Financial Services, Fintech, Payments
Funding Stage Series B
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About Plooto

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.

Business keywords: Payment Automation, Accounts Payable, Accounts Receivable, Cloud Payment Processing, Accounting Software Integration, B2B Payments, Digital Business Payments, ACH Payments, Pre-Authorized Debit, Cross-Border Payment, QuickBooks Integration, Xero Integration, NetSuite Integration, Secure Payment Platform, Automated Workflows

Services & Products

Accounts Payable and Receivable Software
International and Online Payment Solutions
Payment Workflow Automation
Integration with QuickBooks, Xero, NetSuite

Target Customers

Accountants Bookkeepers Businesses Finance Teams Professional Services Retail and Ecommerce

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $27.00M 3
Centana Growth Partners Fintop Capital Luge Capital
Centana Growth Partners, Fintop Capital +1
13 Dec 2022
Series A $8.00M 3
iNovia Capital Fintop Capital Luge Capital
iNovia Capital, Fintop Capital +1
21 Apr 2021
Seed Round Undisclosed 1
FJ Labs
FJ Labs
01 Jan 2020
Seed Round Undisclosed 3
Real Ventures Hedgewood Scale-Up Ventures
Real Ventures, Hedgewood +1
07 Aug 2015

Plooto Alternatives & Competitors

View All Alternatives
Plooto vs
BILL
BILL United States

Run your business—your way. Automate accounts payable and accounts receivable, and seamlessly contro...

Post-IPO Debt
3340 employees
Financial Services, Fintech
Compare Plooto vs BILL
Plooto vs
Checkbook
Checkbook United States

Your payments simplified. Global Payments pushed for you through one API.

Series A
47 employees
API, Financial Services
Compare Plooto vs Checkbook
Plooto vs
Nimbly
Nimbly Brazil

Automated Accounts Payable and Receivable for finance teams.

Pre-Seed
5 employees
Financial Services, Fintech
Also compare with: Plooto vs Veem Veem View all alternatives

FAQ About Plooto

Plooto helps SMBs (and their accountants) streamline AP and AR in one secure platform.
Plooto was founded in 2015.
Plooto is headquartered in Toronto, Canada.
Plooto operates in Financial Services, Fintech and Payments. Its work centres on Payment Automation, Accounts Payable, Accounts Receivable and Cloud Payment Processing. Its customers include Accountants, Bookkeepers and Businesses.
Plooto has approximately 115 employees.
Plooto has completed 4 funding rounds, raising a total of $35.00M. The latest funding stage is Series B.
Plooto offers: Accounts Payable and Receivable Software, International and Online Payment Solutions, Payment Workflow Automation, Integration with QuickBooks, Xero, NetSuite.
Top alternatives and competitors to Plooto include BILL, Checkbook, Nimbly, Plastiq, Versapay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Plooto and BILL are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Plooto, https://bouncewatch.com/company/plooto, updated 3 April 2026. When citing, please name BounceWatch and link this page.

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