About Finmo
Finmo is a company based in Calgary (Canada) founded in 2017 by Johnny Watson was acquired by Lendesk in October 2020.. The company has 10 employees as of December 31, 2024. Finmo operates in a competitive market with competitors including Informed, FutureVault, RealKey, Expediente Azul and CDP, among others.
- Headquarter Calgary, Canada
- Employees 10 as on 31 Dec, 2024
- Founders Johnny Watson
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Funding Insights of Finmo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finmo
Finmo has secured backing from 1 investor. Prominent investors backing the company include Lendesk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Loan Origination and CRM software for mortgage industry
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finmo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finmo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finmo Comparisons
Competitors of Finmo
Finmo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Informed, FutureVault, RealKey, Expediente Azul and CDP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud management services are provided for business infrastructure needs.
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| domain | founded_year | HQ Location |
Document management solutions are offered for storage and organization.
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| domain | founded_year | HQ Location |
Transaction and document management solutions are provided for lenders.
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| domain | founded_year | HQ Location |
Project records, tasks, files, and documents are managed via software.
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| domain | founded_year | HQ Location |
CDP is recognized as a certified Laserfiche solution provider focused on content management and process automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Finmo
Frequently Asked Questions about Finmo
When was Finmo founded?
Finmo was founded in 2017.
Where is Finmo located?
Finmo is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
How many employees does Finmo have?
As of Dec 31, 2024, the latest employee count at Finmo is 10.
What does Finmo do?
Finmo was founded in 2017 in Calgary, Canada, within the fintech sector focused on mortgages. Mortgage documents are collected efficiently via the platform to assist brokers. Online mortgage applications are facilitated, alongside home insurance solutions. Account protection is ensured through two-factor authentication. Operations center on streamlining document processes for the Canadian housing market.
Who are the top competitors of Finmo?
Finmo's top competitors include FutureVault, RealKey and Expediente Azul.
Who are Finmo's investors?
Finmo has 1 investor. Key investors include Lendesk.
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