FIDOO

What FIDOO does

FIDOO (legal entity: Direct Fidoo Payments, s.r.o.) is a Czech fintech operating an integrated business-finance platform that combines corporate expense management, multi-currency business banking, and corporate Mastercard issuance. Founded in 2012 and headquartered in Prague, the company has built a regulated payment-institution stack under Czech National Bank supervision, leveraging PSD2 read-only bank connectivity (no payment initiation from the platform), Microsoft Azure infrastructure with AES-256 encryption, Microsoft Entra ID for identity/access control, and a public REST API (v2) for third-party integrations. The platform's core modules are the Fidoo App (expense reporting, receipt capture, approvals), Fidoo Cards (instant virtual/physical Mastercard with per-card limits), Fidoo Banking (multi-currency IBAN accounts, FX at bank rates, SEPA and cross-border payments), Fidoo Travel, Fidoo CARGO (mileage logging), and Fidoo Marketplace (insurance, factoring, credit through partners such as Direct pojišťovna).

The platform is tightly integrated with the Czech and Central-European accounting-software stack — native XML exports into Pohoda, Money S3/S4/S5, and ERP connectors into Helios iNuvio (via First information system), Microsoft Dynamics NAV/BC, ABRA Flexi/Gen, Altus Vario, SAP, IFS, K26, KARAT, Epicor iScala, QAD Minerva and others — making Fidoo effectively a middleware layer between corporate bank accounts and local accounting ledgers. AI is applied narrowly to receipt OCR/computer vision for automated merchant, VAT and tax-ID extraction, launched as a distinct feature in June 2025.

Commercially, Fidoo monetizes through (i) subscription fees for the expense-management platform and corporate cards, (ii) transaction-based fees on outgoing SEPA payments (6 CZK) and FX margin on cross-border payments (account management and incoming payments are free), and (iii) marketplace commissions on insurance/factoring/credit products. Go-to-market combines self-serve digital onboarding (PLG) with an enterprise field-sales motion targeting CFOs, CEOs and finance teams at SMEs and mid-market corporates; a channel partnership with Komerční banka provides multibanking and card distribution, and the company uses content marketing, Czech business media (CzechCrunch, Forbes, Hospodářské noviny, Seznam zprávy, E15), podcasts, and industry associations (Česká fintech asociace, CAFIN, Controller Institut) for demand generation. FIDOO reports a customer base of 1,650+ Czech companies, FY2024 revenue of 137 million CZK (+20% YoY), and 2024 transaction throughput above 4 billion CZK, with no disclosed venture funding.

Name

FIDOO

Legal name

Direct Fidoo Payments, s.r.o.

Website

https://fidoo.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

FIDOO is a Czech-regulated fintech offering an integrated expense-management, multi-currency banking, and corporate-card platform for 1,650+ Czech SMEs and mid-market companies, monetizing via subscriptions, transaction fees, and marketplace commissions.

Ownership category

akta.pro rank

Product category

Corporate Expense Management Software

NAICS

Credit Card Issuing (52221), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Functions Related To Depository Banking, Nec (6099), Finance Services (6199)

akta.pro primary industry

Expense Tracking & Financial Dashboards (FSAGADAB)

akta.pro secondary industries

Personal Financial Management & Budgeting (PFM) (FSAGAAAH), Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), Budgeting & Cash-Flow Management (FSAGADAA)

Keywords

• Corporate expense management
• Corporate cards
• Multi-currency business banking
• PSD2 open banking
• Receipt digitization

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Expense Management Service: Corporate expense management platform offering card issuance, expense tracking, receipt digitization, and accounting integration.
2. FX and Foreign Payments: Currency exchange and international payment services. Multi-currency wallets allow conversion between currencies at bank rates.
3. Payment Processing Fees: Fees charged for outgoing SEPA payments (6 Kč) and foreign currency payments. Account management and currency exchange are free.
4. Insurance and Financial Marketplace: Marketplace offering insurance products, factoring, and loans through partner providers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Fidoo provides an integrated corporate finance platform that combines expense management, corporate Mastercard cards, multi-currency business banking, AI-powered receipt digitization, and a marketplace of insurance, factoring and lending products. Its core proposition is real-time financial visibility for CEOs, CFOs and finance teams of Czech businesses, unified through PSD2 read-only bank connections and deep ERP/accounting integrations.

Product overview

Fidoo is an integrated business finance platform offering a unified ecosystem of expense management and corporate banking tools. The core Fidoo App serves as the central platform for expense reporting and receipt management, enhanced by Fidoo Cards (corporate Mastercard) for spending, Fidoo Banking for multi-currency accounts, Fidoo Marketplace for insurance and factoring services, Fidoo Travel for booking integration, and Fidoo CARGO for mileage tracking. The Fidoo API enables third-party integrations and PSD2 open banking connectivity. The platform is designed for Czech and European SMEs, with AI-powered receipt scanning and export integrations to popular accounting software like Pohoda and Money S3/S4/S5.

Differentiator

Problem solved

Functional benefit

Brands

• Direct Fidoo Payments: Regulated payment institution entity offering expense management and payment services
• Direct Fidoo Platform
• Expense Management (EM)
• Direct Fidoo EM

Products and services

• Fidoo App (Expense Management) Central expense management platform and mobile application (iOS/Android) that lets employees and finance teams capture receipts via AI-powered scanning, submit expenses, manage corporate spending across multiple cards and accounts, automate approvals, and export to accounting systems. Targeted at Czech CEOs, CFOs and finance teams.
• Fidoo Cards Corporate Mastercard cards (virtual and physical) issued under Fidoo's Mastercard license, with multi-currency support, per-card spending limits, automatic top-up and real-time transaction notifications for Czech businesses.
• Fidoo Banking (Multi-currency Business Accounts) Multi-currency business banking accounts with IBAN support, enabling FX transactions at bank rates, international SEPA and foreign currency payments, and unified multi-currency financial management for Czech businesses operating across borders.
• Fidoo Marketplace Integrated in-app marketplace offering business insurance products (via Direct pojišťovna partnership), factoring services and loans from partner providers, accessible directly within the Fidoo platform for Czech corporate customers.
• Fidoo Travel Business travel booking integration that allows employees to book flights, trains and other travel directly within the platform with automatic expense tracking and travel policy compliance, replacing manual travel orders and Excel-based reimbursements.
• Fidoo CARGO (Mileage Logbook)
• Fidoo API Public REST API (JSON, X-Api-Key authentication) for developers and partners to build integrations with the Fidoo platform, including PSD2 open banking connectivity via a dedicated developer portal for third-party financial service integrations.

Quantifiable outcome

• 70% reduction in cash transactions
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability3 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Komerční bankacoreChannel Partner/ Reseller/ DistributorPartnership with one of the largest banks in Czech Republic with over 1.7 million clients. Allows Fidoo users to connect KB accounts and cards for unified financial visibility.
• MastercardcoreTechnology or IntegrationGlobal leader in card payments. Fidoo operates under Mastercard license enabling clients to use the extensive payment network and business card benefits.
• ThreddcoreTechnology or IntegrationModern card processor handling technical and data processing of payment transactions - from authorization through settlement to merchant reconciliation.
• Banking CirclecoreTechnology or IntegrationNext-generation critical infrastructure provider for domestic and foreign payment processing, focused on banks, financial institutions, and FinTech companies.
• Direct pojišťovnacoreChannel Partner/ Reseller/ DistributorInsurance partner offering online, simple, and fair insurance - from vehicle insurance through property to travel insurance or business insurance. Also pet insurance.
• First information systemminorImplementation/ SI/ Consulting PartnerIntegration partner for connecting Expense Management with Helios iNuvio. Companies save time and effort in processing expenses and travel orders.
• Česká fintech asociaceminorOthersSupports innovation in the financial sector, co-creates regulatory environment for development, and helps promote conditions for digital and paperless economy.
• Česká asociace pro finanční řízení (CAFIN)minorOthersNetwork of 300+ finance and controlling professionals. Organizes educational events and shares best practices in the field.
• Controller InstitutminorOthersEducational events focused on finance, controlling, and business leadership. Seminars, trainings, coaching, and development programs for teams and individuals.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Pleo: Danish-headquartered corporate cards and expense management platform serving SMBs and mid-market across Europe. Closely comparable product scope (cards, expenses, approvals, integrations) and European GTM to Fidoo.
• Spendesk: French spend management platform combining prepaid cards, expense automation and accounting integrations. Direct overlap with Fidoo on subscription expense management, virtual cards and ERP/accounting connectivity.
• Soldo: UK/Italy-based spend management platform with prepaid Mastercard corporate cards, expense controls and multi-currency features. Highly comparable on card issuance, spending controls and FX capabilities for SMB and mid-market.
• Payhawk: European expense management platform offering corporate cards, bill pay, AP automation and multi-currency accounts. Comparable on cards-plus-expense-plus-AP scope, with pan-European footprint competing for the same mid-market customer profile.
• Moss: Berlin-based corporate cards and spend management startup for European SMBs and scale-ups. Overlaps with Fidoo on card issuance, expense automation and accounting integrations in the German-speaking/Central European corridor.

Broad incumbents

• Qonto: French SMB neobank offering business accounts, cards, expense management and accounting integrations. Broader incumbent in the European SMB banking + spend space that Fidoo competes with for Czech and pan-European customers.
• Brex: US-headquartered spend management platform extending into Europe with corporate cards, bill pay and expense automation. Comparable product surface and a well-funded global competitor that could enter the Czech and Central European market.
• Revolut Business: Global neobank with multi-currency business accounts, corporate cards, expense and FX features. Overlaps with Fidoo's banking/FX/cards offering as a broad incumbent with much larger scale and brand recognition.
• Ramp: US-based spend management platform combining cards, AP automation, expense management and finance automation. Comparable on the cards-plus-expense-plus-AP proposition and a competitive threat if it expands into Europe.

Emerging players

• Finom: Netherlands-based digital business account and expense management platform for SMBs and freelancers across Europe. Comparable on multi-currency business accounts with integrated expense features targeting European SMBs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/direct-fidoo
• Xx.com/directfidoo
• Facebookfacebook.com/FidooInc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIDOO