Case Study: Kinnevik achieves streamlined expense management and greater spend transparency with Pleo

Kinnevik - Customer Case Study

Kinnevik, represented by Andreas Bernström (Head of Nordic investments and chairman of Pleo’s board), faced the common challenge of making expense management more efficient and transparent across its organization and portfolio companies—especially with remote working and recurring online subscriptions. To address this, Kinnevik adopted Pleo’s corporate expense solution, using Pleo cards and features like Fetch to capture receipts and subscription spend automatically.

Pleo’s platform streamlined expense workflows so employees can spend without cumbersome processes and finance teams spend less time chasing receipts. Andreas reports that Fetch and the Pleo cards removed the need for manual receipt collection, improved spending visibility and employee empowerment, and significantly reduced administrative time spent on expense reconciliation for Kinnevik.

Kinnevik

Andreas Bernström

Kinnevik