Fintech

Singapore’s treasury operating system Finmo raises $18.5M to expand

February 18, 2025
Image from Finmo

Get to know Finmo! They’re a Singapore-based global treasury operating system that helps businesses manage cross-border payments, optimize liquidity, and easily navigate financial complexities. 

  • They were founded in 2021. And now, they just raised a $18.5M Series A! 

Investor check. Quona Capital and PayPal Ventures led the round, while Citi Ventures also joined in! 

💲 What Finmo does

For large enterprises, it can be tough to streamline financial workflows and make informed decisions.

Finmo’s platform offers real-time payment capabilities, improved cash flow visibility, foreign exchange risk management, compliance automation, liquidity optimization, and more! 

  • Make your money move. Their Global Currency Account enables businesses to accept payments and disburse payouts in their customers’ or sellers’ preferred currencies.
  • Make you money work for you. Finmo enables organizations to earn competitive returns while remaining liquid. 
  • Oh, and they can also give a bird’s eye view of cash flow transactions and automate collections workflows.

🪙 Future forward

Finmo will use the $$$ to accelerate their product development, enhance their AI-driven capabilities, and support their global expansion efforts. 

  • They plan to expand into new markets.

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