Staff Product Manager, Payments
PlootoSalary not specified
- Full Time
- Expert & Leadership (9+ years)
About Plooto
Plooto offers a payment automation platform that helps businesses manage their payable and receivable workflows more efficiently. The platform connects with popular accounting software like QuickBooks, Xero, and NetSuite, allowing for automatic reconciliation of invoices. This integration simplifies financial processes, making it easier for businesses to handle payments at scale. Unlike many competitors, Plooto provides a comprehensive solution that combines various payment capabilities in one platform. The goal of Plooto is to empower businesses to streamline their financial operations and support their growth by making payment management easier.
Toronto, CanadaHeadquarters
2015Year Founded
$28.2MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees
Risks
Increased competition in payment automation could threaten Plooto's market share.
Economic downturns may reduce SMB spending on Plooto's subscription services.
Plooto's reliance on third-party integrations poses risks if partners change their platforms.
Differentiation
Plooto offers seamless integration with QuickBooks, Xero, and NetSuite for automatic reconciliation.
Plooto's dual controls and single sign-on enhance security for scaling businesses.
Plooto provides a unique all-in-one payment automation solution for Canadian midsize enterprises.
Upsides
Plooto's recent $20M Series B funding supports its growth and platform enhancement.
The rise of remote work boosts demand for Plooto's cloud-based financial solutions.
Embedded finance trends offer Plooto opportunities to expand its market reach.
Funding
Total raised$28.18 M
Latest valuation$100.00 M
StageSERIES_B
SERIES B
11/30/2022$20
$100.00 MSERIES A
3/31/2021$6
$40.00 MEARLY VC
2/28/2017$3
$15.50 M