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Finmo - About the company

Finmo is a series A company based in Singapore (Singapore), founded in 2021 by David Hanna, Akhil Nigam, Thomas Kang, Richard Oh and Raj Vimal Chopra. It operates as a Provider of treasury management software for financial data and payments. Finmo has raised $27M in funding from Quona and PayPal Ventures. The company has 2650 active competitors, including 264 funded and 247 that have exited. Its top competitors include companies like PayPal, PayU and Flutterwave.

Company Details

Provider of treasury management software for financial data and payments. This platform integrates financial information from multiple sources to provide visibility into cash positions across various accounts and currencies. It automates accounts receivable and payable workflows while facilitating international fund transfers. The system includes tools for cash forecasting, liquidity management, and the execution of currency hedging strategies. Users can monitor financial operations through a centralized dashboard that connects to banking and accounting systems. The software supports the management of working capital and the investment of idle funds.
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Email ID
*****@finmo.net
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Stage
Series A
Total Funding
$27M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
130 as on May 31, 2026
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Finmo's funding and investors

Finmo has raised a total funding of $27M over 3 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on Feb 12, 2025 for $*****. 3 investors participated in its latest round. Finmo has 9 institutional investors.

Here is the list of recent funding rounds of Finmo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2025
2589205
Series A
7844229
9500932
1112474
4746359
2023
5099
Seed
3781
1990
5817
2021
5265
Seed
7967
5402
6945
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Finmo's founders and board of directors

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The founders of Finmo are David Hanna, Akhil Nigam, Thomas Kang, Richard Oh and Raj Vimal Chopra. David Hanna is the CEO of Finmo.
Here are the details of Finmo's key team members:

Finmo's Board of Directors

Finmo's board has 3 active members. David Hanna and Akhil Nigam are part of team and Venkateshwaran Ganesh Rengaswamy is independent board member.
Here is the list of Finmo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
1y 1m
Team
-
Current
4y 10m
Independent board member
-
Current
0y 4m

Finmo's employee count trend

Finmo has 130 employees as of May 26. Here is Finmo's employee count trend over the years:
Employee count trend for Finmo
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Finmo's Competitors and alternates

Top competitors of Finmo include PayPal, PayU and Flutterwave. Here is the list of Top 10 competitors of Finmo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayPal
PayPal
1998, United States, Public
Provider of online payment solutions, money transfers, and virtual wallets
$216M
87/100
2nd
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
3rd
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series E
Provider of payment solutions for online and physical business transactions
$489M
83/100
4th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
82/100
5th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
77/100
6th
Logo for Ant Group
Ant Group
2004, Hangzhou (China), Series D
Payment processing solution for consumers, small and micro businesses
$20.6B
74/100
7th
Logo for Iyzi Payments
Iyzi Payments
2012, Istanbul (Turkey), Acquired
Provider of payment solutions for e-commerce companies and individuals
$28M
73/100
8th
Logo for Cloud Walk
Cloud Walk
2013, Brazil, Series C
Developer of a blockchain and a platform for payment solutions
$481M
70/100
9th
Logo for Toss
Toss
2011, Seoul (South Korea), Series G
Provider of an app-based platform for banking investment and insurance management
$1.25B
69/100
10th
Logo for BlueSnap
BlueSnap
2001, Waltham (United States), Acquired
International payment solution
$68M
69/100
23rd
Logo for Finmo
Finmo
2021, Singapore (Singapore), Series A
Provider of treasury management software for financial data and payments
$27M
63/100
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Finmo's Investments and acquisitions

Finmo has made no investments or acquisitions yet.

Reports related to Finmo

Here is the latest report on Finmo's sector:

News related to Finmo

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Media has covered Finmo for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
Finmo Secures Electronic Money Institution Licence in UK From FCAElectronic Payments InternationalJul 08, 2025Finmo
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