Case Study: Connect Ventures streamlines expense management and halves admin workload with Soldo

Connect Ventures Streamlined Expense Management Using Soldo for Their Head of Finance While Empowering Staff to Spend

Connect Ventures, a London‑based venture capital firm, faced messy expense processes after bringing finance in‑house: slow statements, limited credit card access and lots of small debit transactions cluttering the management company books. Head of Finance Mark Pettit deployed Soldo, the multi‑user expense account, to give each team member physical cards and virtual cards for software subscriptions while restoring control and visibility.

Soldo provided multi‑currency balances, low FX rates and a direct integration with Xero that lets Mark choose which transactions to post, simplifying the workflow and shifting much admin onto users. The result: cleaner accounts, faster reconciliations and a transformational cut in workload — the Soldo‑Xero integration halved the flow of expense management — so much so that the Connect Ventures team invested in Soldo.

Connect Ventures

Mark Pettit

Head of Finance​