4 ms·
Different markets and products. Pleo is not in US yet. Pleo does not underwrite. Pleo requires balance in account for cards to work, hence it is a prepaid solut
by arihant 8y ago
Different markets and products. Pleo is not in US yet. Pleo does not underwrite. Pleo requires balance in account for cards to work, hence it is a prepaid solution. Brex actually underwrites and works like usual corporate cards do.
- chvid 8y agoExactly - they (paleo) don’t really have a business model. They are just a computerized way of documenting employees use of their cash allowances.