Non-EU vendorProcurement & Spend ManagementHeadquarters: GB

Soldo: sovereignty score and 8 European alternatives

Soldo is a spend management platform from London. It issues physical and virtual prepaid Mastercard cards to businesses and their teams, sets spend limits and approval workflows, and offers a mobile app for receipts and expense reporting. Finance teams receive real-time reporting and integrations with accounting software. The platform is used online through a dashboard and apps.

Soldo Software Ltd is registered in London. The group also has an Italian subsidiary and an Irish entity that provides financial services in the EEA. The pages checked do not name shareholders or a controlling owner, so no foreign parent has been identified. The company states that it complies with UK and EU data protection law, but it does not say where customer data is stored or whether it leaves the UK or EU. European organisations should check hosting and transfer terms before choosing it.

See the 8 European alternatives ↓Assess your stack with Soldo pre-selected

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Sovereignty score

32 / 1000 = high exposure
100 = sovereign

Jurisdiction SOV-250
Headquartered outside the EU (GB)
Data residency SOV-30
No hosting in Europe (OTHER)
Cryptographic key sovereignty SOV-340
Key management with a non-European vendor
Freedom from lock-in SOV-640
Closed source: switching requires data migration
Source & runtime sovereignty SOV-4 · SOV-630
Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 10, 2026

Headquarters	GB (OTHER)Verified by hand
EU adequacy decision	Yes — found adequate by the European CommissionVerified by hand
Sovereignty model	Vendor-hosted (non-EU)Verified by hand
Data hosting	OTHERVerified by hand
Open-source	NoVerified by hand
GDPR-compliant	YesVendor-stated
Category	Procurement & Spend Management
Type	Product
Website	soldo.com ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Soldo

The European alternatives to Soldo come from our knowledge base of over 6,800 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

27 European Procurement & Spend Management vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Soldo

Soldo is headquartered in GB, outside the EU. Contracts and data therefore also fall under non-European law. The GDPR applies through contractual terms, but in a conflict with local legislation you have less certainty than with a European vendor.

Soldo hosts data outside the EU (OTHER). Personal data therefore leaves the EU, which requires a transfer mechanism under the GDPR and pulls the data residency score down.

Soldo is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Soldo together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Soldo?

It depends on your use case. Strong EU alternatives to Soldo include AddVue, Atexo and Basware. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Soldo?

Our list of EU alternatives to Soldo is mostly commercial options. Browse the category on the map for open-source choices.

Is Soldo GDPR-compliant and where is the data hosted?

Soldo is headquartered in GB (OTHER) and hosts data in OTHER. The vendor states it is GDPR-compliant, but the data falls under non-EU jurisdiction. For full EU data residency the EU alternatives on this page usually offer more certainty.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 10, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Procurement & Spend Management

Procurement & Spend Management: Sourcing, supplier management, purchase-to-pay and spend management. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

Also in this category

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