Finmo’s unified treasury platform attracts US$18.5M from global VCs

Finmo, an all-in-one treasury operating system (TOS), raised an oversubscribed US$18.5 million Series A funding round led by Quona Capital and PayPal Ventures, with participation from Citi Ventures, bringing its total funding to US$27 million. The Singaporean startup plans to use the capital to enhance product development, invest in AI capabilities, and expand globally, offering organisations a unified platform to optimize cash management, liquidity, and financial risk mitigation. With a focus on addressing real-world challenges faced by finance professionals, Finmo’s innovative TOS is redefining treasury operations and empowering businesses with seamless cash and FX management capabilities.

Full Article