OverviewSuggest Edit

Soldo is a company developing a platform which provides multi-user spending accounts for companies. It enables departmental and employee spending to be managed in real-time by combining a Soldo account, central dashboard, apps for iOS and Android, and virtual wallets or physical Mastercards cards. Soldo also allows setting different expense criteria for each employee, contractor or spending department and integrates with commonly used business accounting packages.

TypePrivate
Founded2014
HQLondon, GB
Websitesoldo.com

Latest Updates

Employees (est.) (Feb 2021)177(-1%)
Revenue (FY, 2018)£1.4 M(+339%)
Cybersecurity ratingBMore

Key People/Management at Soldo

Carlo Gualandri

Carlo Gualandri

CEO
Stuart Gammon

Stuart Gammon

Chief Revenue Officer
Show more

Soldo Office Locations

Soldo has offices in London, Dublin, Milan and Rome
London, GB (HQ)
19-21 Crawford St, Marylebone
London, GB
119 Marylebone Rd, Marylebone
Dublin, IE
33 Sir John Rogerson's Quay, Dublin Docklands
Show all (5)

Soldo Financials and Metrics

Summary Metrics

Founding Date

2014

Soldo total Funding

$83.2 m

Soldo latest funding size

$61 m

Time since last funding

2 years ago

Soldo investors

Soldo's latest funding round in July 2019 was reported to be $61 m. In total, Soldo has raised $83.2 m
Show all financial metrics

Soldo Revenue

Embed Graph
View revenue for all periods
Soldo's revenue was reported to be £1.43 m in FY, 2018
GBP

Revenue (FY, 2018)

1.4m

Gross profit (FY, 2018)

839.7k

Gross profit margin (FY, 2018), %

58.9%

Net income (FY, 2018)

(32.2k)

EBIT (FY, 2018)

(48.5k)

Cash (31-Dec-2018)

2.3m
GBPFY, 2016FY, 2017FY, 2018

Revenue

2.1k325.5k1.4m

Cost of goods sold

241.0k586.5k

Gross profit

2.1k84.5k839.7k

Gross profit Margin, %

100%26%59%
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Cash

594.6k1.0m2.3m

Accounts Receivable

188.063.1k4.5m

Inventories

56.3k

Current Assets

401.0k725.0k5.5m19.1m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

(401.0k)109.8k2.7m10.0m

Cash From Investing Activities

119.0145.0221.7k

Cash From Financing Activities

401.0k597.6k835.9k47.5k

Net Change in Cash

707.6k430.2k1.2m
GBPFY, 2015

Financial Leverage

1 x
Show all financial metrics

Soldo Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Soldo Online and Social Media Presence

Embed Graph

Soldo News and Updates

Finance Teams are in the Dark When it Comes to Pandemic Spending: Soldo Switches on the Lights

Over 72% of businesses are in the dark with pandemic finances, saying that digital workflows and the virtual working environment have made it harder to have visibility of finances Remote working foisted on finance professionals is exacerbating the challenges they already faced when...

Soldo becomes principal member of Mastercard

Spend management platform Soldo today announces that it has extended its partnership with Mastercard...

NatWest to funnel SME loans through pre-paid card provider Soldo

NatWest is to provide Esme Loans and Rapid Cash lending services direct to users of pre-paid company...

Soldo introduces API integration with NatWest Rapid Cash

Soldo, the multi-user business spending solution, has today announced a series of enhancements to fu...

UK fintech Soldo raises €54m for Dublin move

A London-based startup that has migrated most of its operations to Ireland ahead of a possible Brexi...

London fintech Soldo scoops up $61m in funding

London-based business banking fintech firm Soldo has today closed a $61m (£48.7m) series B funding round, led by Battery Ventures. [...] The post London fintech Soldo scoops up $61m in funding appeared first on CityAM.
Show more

Soldo Blogs

The five C’s of effective change leadership

Capita CFO Patrick Butcher on leading teams in times of change When Patrick Butcher first took over the role of […] The post The five C’s of effective change leadership appeared first on Soldo.

Introducing a new podcast that will help people in finance succeed (live now!)

Our team here at Soldo has watched the role of finance leaders change across the board for quite some time […] The post Introducing a new podcast that will help people in finance succeed (live now!) appeared first on Soldo.

Implementing the Digital Finance Function Remotely

This is a guest post by Christopher Argent, Founder of Generation CFO We – finance professionals – are the lucky […] The post Implementing the Digital Finance Function Remotely appeared first on Soldo.

How the Role of Finance is Evolving & How to Stay Ahead | The Spend Show

We discuss the evolving role of the finance professional and what skills you need to stay on top in Ep3 […] The post How the Role of Finance is Evolving & How to Stay Ahead | The Spend Show appeared first on Soldo.

Controlling the Controllables: Costs, Cash, Control

Controlling the Controllables: Costs, Cash, Control If you’re in charge of your company’s “recovery business model”, i.e. cost control, cash […] The post Controlling the Controllables: Costs, Cash, Control appeared first on Soldo.

Has Finance’s control of company spending changed forever? With Aarish Shah The Spend Show Ep2

Has Finance’s control of company spending changed forever? With Aarish Shah The Spend Show Ep2 Has Finance's control of company […] The post Has Finance’s control of company spending changed forever? With Aarish Shah The Spend Show Ep2 appeared first on Soldo.
Show more

Soldo Frequently Asked Questions

  • When was Soldo founded?

    Soldo was founded in 2014.

  • Who are Soldo key executives?

    Soldo's key executives are Carlo Gualandri and Stuart Gammon.

  • How many employees does Soldo have?

    Soldo has 183 employees.

  • What is Soldo revenue?

    Latest Soldo annual revenue is £1.4 m.

  • What is Soldo revenue per employee?

    Latest Soldo revenue per employee is £7.8 k.

  • Who are Soldo competitors?

    Competitors of Soldo include Mollie, Get Your Bill and Khatabook.

  • Where is Soldo headquarters?

    Soldo headquarters is located at 19-21 Crawford St, Marylebone, London.

  • Where are Soldo offices?

    Soldo has offices in London, Dublin, Milan and Rome.

  • How many offices does Soldo have?

    Soldo has 5 offices.