Features
- ✓Prepaid cards
- ✓Budget limits
- ✓Receipt capture
- ✓Team wallets
Pros
- Clear budget controls
- Easy for employees
- Affordable
Cons
- Requires prefunding
- Limited accounting integrations
Integrations
Best For
About Soldo
Soldo takes a deliberately simple approach to corporate spending: prepaid cards with clear budgets. The prepaid model means you load funds to the platform and allocate budgets to teams or individuals—spending is impossible beyond the allocated amount. For businesses prioritizing cost control above all else, this hard limit provides peace of mind that no employee can accidentally (or intentionally) overspend. The team wallet concept allows departments to share budgets while maintaining individual cards, useful for project-based spending or department allocations. The expense tracking features capture receipts and categorize spending, integrating with accounting platforms like Xero, QuickBooks, and Sage. The per-card pricing (€5-9/month) is transparent and scales linearly with team size. Soldo's limitations are the flip side of its simplicity—the prepaid requirement means managing card balances, and the features are less comprehensive than enterprise solutions like Spendesk or Payhawk. For SMEs seeking straightforward spending control without enterprise complexity, Soldo offers an accessible and affordable solution that prevents overspending by design.
Pricing & Plans
- Card cost: €5-9 per card per month
- No setup fees or hidden charges
- Minimum prepaid balance: €500
- Volume discounts for teams with 10+ cards
- Custom enterprise pricing available
The Prepaid Model: Why It Matters
Unlike credit cards that require debt approval and carry credit risk, Soldo's prepaid model funds spending in advance. You control exactly how much money each team member or department has access to. There's zero credit risk, zero overdraft surprises, and no need for expense approval workflows—the cards simply don't work once the budget is exhausted. This enforces discipline without policy complexity.
Budget Controls & Team Wallets
- Set daily, weekly, or monthly spending limits per card
- Category restrictions (prevent card use for certain spending types)
- Shared department wallets (pool budgets for teams)
- Project-based budgets (allocate funds to specific projects)
- Real-time balance visibility for employees
- Manager dashboard showing all team spending at a glance
Comparison: Soldo vs. Pleo vs. Moss vs. Spendesk
Pleo and Moss offer more comprehensive platforms with AI-powered receipt capture and approval workflows. Spendesk is the most enterprise-focused with invoice management and virtual card generation. Soldo remains the simplest and most affordable—ideal if budget control is your only priority and you don't need complex approvals or invoice management.
Integrations
- Xero: automatic expense and receipt sync
- QuickBooks: real-time transaction recording
- Sage: streamlined reconciliation and reporting
- Slack notifications: alerts for spending exceeding limits
- API access: custom integrations for enterprise systems
Receipt Capture & Categorization
Employees photograph receipts via mobile app or email to receipt@soldo.com. The system automatically captures expense category, vendor, amount, and date, then matches it to the corresponding card transaction. This automated matching reduces manual data entry and ensures all spending is documented for tax and accounting purposes.
Best Use Cases
- SMEs with 5-50 employees needing simple budget enforcement
- Field teams and distributed workforces (travel, sales, contractors)
- Companies prioritizing cost control over sophisticated reporting
- Organizations without existing corporate card provider
- Businesses managing projects with allocated budgets
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