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Pluto

Category: AI in Fintech

Pluto offers a comprehensive corporate card and expense management platform. Pluto was founded in 2021. The company is led by Mo Aziz. Based in Headquarters in UAE, Canada, and USA. Team size: Not specified. Total funding raised: At least USD 4.1 million. Latest round: Pre-Series A funding of USD 4.1 million. Key investors include Rhino Ventures, Born Capital, Goanna Capital, Evolution VC, Freesearch VC, Tiferes VC.

Founded
2021
Headquarters
Headquarters in UAE, Canada, and USA
Team size
Not specified
Total funding
At least USD 4.1 million

Value proposition

Provides unified budget tracking, AI-powered corporate cards, cashback programs, procurement, invoicing, and vendor management

Products and solutions

Corporate cards, Budget management, Procurement, Invoicing, Supplier management

Unique value

Pluto Connect allows banks to integrate corporate card capabilities into their products, modernizing commercial banking offerings

Target customer

Small and medium-sized enterprises (SMEs) and major corporations

Industries served

Financial services, Corporate finance

Technology advantage

AI-driven spend control and procurement management

How they differentiate

Pluto focuses on integrating with banks and offering localized solutions for the MENA region

Main competitors

Brex, Ramp, Freshbooks

Key partnerships

Al Rajhi Bank's Neoleap

Notable customers

Property Finder, Knight Frank, Tamara, Petrochem

Major milestones

Launch of Pluto Connect Expansion into new markets

Growth metrics

Supports over 30,000 SMEs, crossed AED 1 billion in spend under management

Market positioning

Positioned as a fintech innovator in the UAE and expanding into other GCC countries

Geographic focus

UAE, with expansion into Saudi Arabia, Turkey, Bahrain, Kuwait, and Qatar

Patents and IP

Not specified

About Mo Aziz

Mo Aziz is the Co-Founder and CEO of Pluto, a spend management platform for enterprises. He has a background as a Venture Scout for shl.vc and has co-founded other ventures. His experience includes roles at Dapi, DJI, and Intel, and he is a Y Combinator alumnus.

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