What Does Plooto Do?

Total employees107
HeadquartersToronto
Founded2015

Plooto is a comprehensive B2B payments automation platform designed to help businesses manage and simplify their financial operations. It provides tools for automating accounts payable (AP) and accounts receivable (AR), facilitating domestic and international payments, and integrating seamlessly with accounting software like QuickBooks, Xero, and NetSuite. Plooto aims to save businesses time, reduce manual errors, and improve cash flow management by offering a centralized solution for all payment processes.

Where Is Plooto's Headquarters?

HQ Function

The Toronto headquarters serves as the central command for Plooto's core operations, including product development, engineering, sales, marketing, customer support, and corporate strategy.

Notable Features:

Located in a dynamic area known for innovation, the office is a modern workspace designed to encourage collaboration and reflect its forward-thinking FinTech identity. Specific architectural details are not publicly highlighted.

Work Culture:

Plooto promotes a collaborative, innovative, and fast-paced work environment. The culture is focused on problem-solving, customer success, and continuous improvement, typical of a growing technology company.

HQ Significance:

As the primary hub, the Toronto headquarters is crucial for driving Plooto's product innovation, market expansion efforts, and maintaining its position in the competitive FinTech landscape in North America.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect Plooto's core values such as innovation, efficiency, customer-centricity, and collaboration.

Location:

Plooto's services are primarily utilized by businesses in Canada and the United States. While its physical headquarters is in Toronto, Canada, its cloud-based platform allows it to support clients across these regions and those with international dealings. The company focuses on North American B2B payment solutions.

Street Address:

487 Adelaide St W

City:

Toronto

State/Province:

Ontario

Country:

Canada

Where Else Does Plooto Operate Around the World?

No additional office locations available.

Buying Intent Signals for Plooto

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Plooto? Meet the Executive Team

As of April 2025, Plooto' leadership includes:

Hamed Abbasi - Co-Founder & CEO
Serguei Kloubkov - Chief Financial Officer
Peter Montgommery - Chief Product Officer
Mark Smith - Chief Revenue Officer

Who's Investing in Plooto?

Plooto has been backed by several prominent investors over the years, including:

Centana Growth Partners
FINTOP Capital
Luge Capital
BDC Capital
Inovia Capital
NAventures (National Bank of Canada)

What Leadership Changes Has Plooto Seen Recently?

Hire3
Exits1

Plooto has significantly strengthened its executive team in the past 12 months with key appointments in finance, product, and revenue. There was also a notable transition involving one of the co-founders.

Departures

Gajan C. Balan, Gajan C. Balan transitioned from his operational role as Chief Product Officer. He continues as a Co-Founder.

New Appointments:

Peter Montgommery, Peter Montgommery appointed as new Chief Product Officer.
Mark Smith, Mark Smith appointed as new Chief Revenue Officer.
Serguei Kloubkov, Serguei Kloubkov appointed as new Chief Financial Officer.

What Technology (Tech Stack) Is Used byPlooto?

Discover the tools Plooto uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Plooto Email Formats and Examples

Plooto commonly uses the email format combining the employee's first name and last name separated by a dot, followed by '@plooto.com'. Other variations like [first_initial][last]@plooto.com might exist, but [first].[last] is a widely observed pattern.

first.last@plooto.com

Format

jane.doe@plooto.com

Example

85%

Success rate

What's the Latest News About Plooto?

PR Newswire2024-03-26

Plooto Appoints Seasoned Leaders to Executive Team to Drive Next Phase of Growth

Plooto announced the appointment of Peter Montgommery as Chief Product Officer (CPO) and Mark Smith as Chief Revenue Officer (CRO). These hires aim to strengthen Plooto's leadership and support its expansion....more

PR Newswire2023-05-16

Plooto Secures $20 Million CAD in Series B Funding Led by Centana Growth Partners

Plooto announced it has raised $20 million CAD in Series B financing led by Centana Growth Partners, with participation from existing investors. The funding will be used to accelerate growth, expand its team, and further develop its B2B payments automation platform....more

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