Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark. *|MC:SUBJECT|*
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15th September 2016
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Dear Subscriber,

In our lead story, we take a look at Pleo’s, the Copenhagen-based payments startup, recent $3m seed investment, which the company will use to make managing company cards easier and and automate employee expense reports.

Elsewhere in the newsletter, new data from MasterCard reveals the first anniversary of the US EMV liability shift will be a happy one as nearly 90% of its consumer credit cards are now chip.

Across the pond in the UK, smartphone cases are about to become that extra bit smart as Barclays partnered with Case Station to release contactless-enabled cases.

Enjoy!

Headline News
 

Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.

Copenhagen company card killer Pleo scores $3m funding
 
Insights in Focus
 

With less than two weeks to go until the US liability shift hits its first anniversary, MasterCard published new data evidencing the positive impact the technology is having on issuing banks, merchants and consumers, as well as saying adoption continues to grow.

US chip adoption continues to grow, says MasterCard
 

Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter’s smartphone cases.

Barclaycard's new partnership sees smartphone cases go contactless
 

Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, has signed a multiyear agreement with Best Buy, that will see the electronics retailer accept Chase Pay in its stores, on BestBuy.com and in the Best Buy app.

Chase signs mobile payments agreement with US electronics retailer Best Buy
 
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