The company has received a valuation of $1.7 billion. : Pleo, a Denmark-based financial technology firm, recently announced that the company has raised $150 million in a Series C funding round. The latest investment round was co-led by Bain Capital Ventures and Thrive Capital. In the recent announcement, Pleo mentioned that it has received a valuation of $1.7 billion. The company’s existing investors including Creandum, Kinnevik, Founders, Stripes and Seedcamp joined the latest financing. Launched in 2015, Pleo has opened offices across five different locations in Europe. The fintech firm provides smart company cards to businesses.