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$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

The Pleo app pictured on a smartphone next to one of the fintech firm’s corporate cards.

Pleo

Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive team — a sign the company is readying itself for an eventual initial public offering.

The company hired Soren Westh Lonning, a financial services executive with more than 20 years at companies such as Danish bioscience firm…


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