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Hamed Abbasi

Co-Founder @ Plooto | Payment Automation for SMBs

Hamed Abbasi is the co-founder and CEO of Plooto, a payment automation solution for small-to-midsize businesses (SMBs).13 He founded Plooto in 2015 along with Serguei Kloubkov, with the company headquartered in Toronto.12 Under Abbasi's leadership, Plooto has grown to serve over 10,000 North American businesses, integrating with top accounting software platforms like Quickbooks, Xero, and NetSuite.1

Abbasi's vision for Plooto was to simplify and make more efficient the process of handling payments for small and medium-sized businesses.1 The company's all-in-one payment automation platform securely automates payable and receivable workflows, offering extensive payment capabilities and seamless integration with accounting software.2

During his tenure as CEO, Plooto achieved significant growth, including a 433% revenue growth rate between 2019 and 2022.1 The company also secured $20 Million USD in Series B funding in 2022, led by Centana Growth Partners.4

As of March 4, 2024, it was announced that Hamed Abbasi has departed from his position as CEO of Plooto.1 The company's board of directors has appointed Serguei Kloubkov and Wajdi Ghoussoub as interim co-Chief Executive Officers to take over his responsibilities.1

Highlights

Oct 1 · plooto.com
Plooto: Your Business Payments Streamlined & Simplified
Mar 4 · businesswire.com
Plooto Announces Change In Executive Leadership - Business Wire
Feb 15 · youtube.com
conversation with Hamed Abbasi, co-founder and CEO of Plooto
conversation with Hamed Abbasi, co-founder and CEO of Plooto
Jan 18 · leadiq.com
Plooto Company Overview, Contact Details & Competitors | LeadIQ
Jan 17 · youtube.com
Hamed Abbasi, CEO & Co-Founder at Plooto | Episode 5 - YouTube
Hamed Abbasi, CEO & Co-Founder at Plooto | Episode 5 - YouTube
Dec 14 · plooto.com
Plooto bolsters executive team with seasoned fintech leaders from ...

Related Questions

What inspired Hamed Abbasi to start Plooto?
How did Hamed Abbasi's leadership style impact Plooto's growth?
What are Hamed Abbasi's future plans after leaving Plooto?
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What challenges did Hamed Abbasi face while building Plooto?
Hamed Abbasi
Hamed Abbasi, photo 1
Hamed Abbasi, photo 2
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Location

Toronto, Ontario, Canada