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Plooto

Plooto is a Canada-born fintech, founded in 2015 in Toronto, offering an all-in-one accounts payable and accounts receivable platform for SMBs and accountants, used by over 14,000 businesses.

Plooto is a Canadian fintech company founded in 2015 and headquartered in Toronto, Ontario, with operations in Canada and the United States. It builds an all-in-one accounts payable and accounts receivable platform for small and mid-sized businesses and their accountants, combining payments, approvals, reconciliation and reporting within a single workflow. The platform integrates with accounting software such as QuickBooks and Xero, replacing a set of disconnected tools and reducing manual error in payment processing.

The Plooto Platform is used by more than 14,000 businesses. In 2024 the company was named one of North America's fastest-growing technology companies on the Deloitte Technology Fast 500 list. Its work spans payments automation, financial workflow automation and cash flow management, with engineering and product challenges in payment infrastructure, accounting integrations and the reliability of financial data.

The company describes its mission as giving small and mid-sized businesses the financial power to succeed on their own terms, with an emphasis on making payments secure, accurate and straightforward, and on helping businesses and accountants spend less time on bookkeeping and more on decisions. It operates in the SMB, accounting and bookkeeping, fintech and payments verticals.

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