Finmo
Founded Year
2021Stage
Series A | AliveTotal Raised
$18.5MValuation
$0000Last Raised
$18.5M | 9 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+327 points in the past 30 days
About Finmo
Finmo serves as a Treasury Operating System for global companies in the financial technology sector. The company provides a platform built on payment rails that allow businesses to collect payments, make transactions, manage cash and liquidity, mitigate financial risks, and ensure compliance with financial regulations. Finmo primarily serves sectors that require treasury management and cross-border payment solutions. It was founded in 2021 and is based in Singapore.
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Research containing Finmo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Finmo in 2 CB Insights research briefs, most recently on Oct 23, 2025.
Oct 23, 2025 report
Fintech 100: The most promising fintech startups of 2025
Oct 23, 2025 report
Book of Scouting Reports: 2025’s Fintech 100Expert Collections containing Finmo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Finmo is included in 3 Expert Collections, including Payments.
Payments
3,277 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
14,203 items
Excludes US-based companies
Fintech 100
100 items
Latest Finmo News
Sep 30, 2025
approval from the Dubai Financial Services Authority (DFSA) for a Financial Services Licence. This in-principle approval represents an important step towards Finmo's plans to expand its treasury and payments platform into the Middle East. Subject to the granting of a full licence, Finmo intends to provide services including the operation of payment accounts, the issuance of payment instruments, and advisory and arrangement on money services such as account information and payment initiation. David Hanna, CEO of Finmo, said: "Receiving in-principle approval from the DFSA is a significant milestone in our journey to bring Finmo to the Middle East. The region is a critical hub for global commerce, and we are committed to delivering treasury solutions and payment that meet the highest standards of trust, compliance, and innovation." Dubai and the broader UAE represent key growth markets for Finmo, underpinned by high digital adoption, a well-connected financial ecosystem, and a progressive regulatory environment. With SMEs and mid-market enterprises driving much of this growth, Finmo is equipping them with modern treasury solutions to simplify complexity and expand cross-border opportunities. Working with the DFSA, Finmo is aligning with regional standards while building financial infrastructure to support global businesses operating in and from Dubai's financial hub. Anthony Yeoh, Chief Compliance Officer at Finmo , added: "This in-principle approval reflects the DFSA's robust regulatory framework and our shared focus on building resilient and transparent financial services. Finmo is proud to mark this important milestone on our journey towards full licensing. This achievement reflects our strong commitment to building a trusted, compliant, and innovative business, and we look forward to continuing our close collaboration with the DFSA as we move ahead. Finmo already holds regulatory approvals in key jurisdictions including Singapore, Australia, New Zealand, Canada, the United States, and the United Kingdom, underscoring its strong compliance foundation. Visit www.finmo.net to learn more. View original content: https://www.prnewswire.co.uk/news-releases/finmo-receives-in-principle-approval-for-dfsa-financial-services-licence-in-dubai-302569419.html
Finmo Frequently Asked Questions (FAQ)
When was Finmo founded?
Finmo was founded in 2021.
What is Finmo's latest funding round?
Finmo's latest funding round is Series A.
How much did Finmo raise?
Finmo raised a total of $18.5M.
Who are the investors of Finmo?
Investors of Finmo include PayPal Ventures, Citi Ventures, Quona, Alumni Ventures, Insignia Ventures Partners and 3 more.
Who are Finmo's competitors?
Competitors of Finmo include GTreasury and 7 more.
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Compare Finmo to Competitors
Treasury Suite is a technology firm specializing in treasury and cash management solutions within the financial services industry. The company offers a cloud-based management platform that provides tools for cash forecasting, liquidity management, and financial analytics. Treasury Suite primarily serves organizations focused on improving their treasury operations and financial decision-making processes. It was founded in 2008 and is based in Salt Lake City, Utah.
Trovata provides solutions for cash management within the financial technology sector, including cash flow analysis, reporting, forecasting, transaction search, and payment processing. The services are designed for treasury, finance, CFOs, accounting, and IT departments, offering multi-bank data centralization and automated reporting. It was founded in 2016 and is based in Solana Beach, California.
Kyriba operates within the financial technology sector and focuses on liquidity performance. Its offerings include a platform for cash and treasury management, risk management, and payment processing. Kyriba serves sectors such as finance, technology, retail, manufacturing, and insurance, targeting CFOs, treasurers, and IT leaders. It was founded in 2000 and is based in San Diego, California.
Nilus is a treasury management platform focusing on cash management and liquidity optimization for finance teams. The company provides services including cash visibility, cash flow forecasting, and accounting processes to assist in financial operations. Nilus serves sectors that need treasury and cash management solutions, such as corporate finance departments. It was founded in 2021 and is based in New York, New York.
Settle operates as a platform for consumer packaged goods (CPG) brands, focusing on operations and financial management. The company offers solutions for inventory management, accounts payable automation, and purchase order processing. Settle serves the CPG industry. It was founded in 2019 and is based in New York, New York.
Finqware is a financial technology company that specializes in treasury management automation and open banking solutions. The company offers a platform, FinqTreasury, for real-time cash management, payments, collections, and reporting, as well as FinqLink, a tool to optimize payment collections. Finqware primarily serves multi-entity, cross-border organizations seeking to streamline their financial operations. It was founded in 2017 and is based in Bucharest, Romania.
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