About Finmo
Finmo is a Financial Services company based in Singapore (Singapore) founded in 2021 by David Hanna, Raj Vimal Chopra, Akhil Nigam, Thomas Kang, and Richard Oh. Payment orchestration solutions are provided for business and consumer transactions. It operates on a SaaS (Software-as-a-Service) and FinTech model. Finmo has raised $27 million across 3 funding rounds from investors including Rocket Internet, Quona and PayPal Ventures. Its chief executive, as recorded, is David Hanna. Its website finmo.net draws about 19 thousand monthly visits. Its Indian entity Finmo Tech India Private Limited reported revenue of ₹10.94 Cr. Finmo offers products and services including Money Movement, Cash Management, FX Management, and Integration. Its focus areas include Financials and Financial Technology.
Company details
Finmo is established as a modern treasury platform designed for global companies, built on real-time payment rails to address cross-border commerce challenges. Solutions are provided in money movement, cash management, foreign exchange risk mitigation, and system integration through APIs. The platform is utilized to simplify payments, automate treasury functions, and ensure compliance with financial regulations. Services are offered across multiple sectors, focusing on optimizing speed, convenience, and cost for businesses worldwide.
- Headquarters Singapore, Singapore
- Founders David Hanna, Raj Vimal Chopra, Akhil Nigam, Thomas Kang, Richard Oh
- SectorsFinancial Services
- Email••••••••
- Website finmo.net
- Social LinkedIn X Facebook Instagram
- Legal Name Finmo Tech Pte Ltd
- Date of Incorporation 14 Oct, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹10.94 Cr
FY 2025 · +216% YoY
- Indian entity net profit₹66.7 Lakh
FY 2025 · 6% margin
- Indian entity EBITDA₹1.21 Cr
FY 2025 · 11% margin
- Total Equity Funding$27M (USD)
in 3 rounds
- Latest Funding Round$18.5M (USD), Series A
Feb 2025
- InvestorsRocket Internet
& 8 more
Associated legal entities of Finmo
Finmo operates through Finmo Tech India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finmo Tech India Private Limited CIN U72200KA2021FTC153106 | Active | 14 Oct 2021 | Bengaluru, Karnataka | ₹10.9 Cr | 20 | 2 | View details |
Products & Services of Finmo
Finmo offers a comprehensive portfolio of products and services, including Money Movement, Cash Management, FX Management, and Integration.
Payments are accepted locally and paid globally with ease.
Cash visibility and reporting are provided in real-time.
Foreign exchange risk is managed through integrated modules.
APIs are used for connectivity across financial systems.
Funding Insights of Finmo
Finmo has successfully raised a total of $27M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.5 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $27M
- Total Rounds 3
- Last Round Series A — $18.5M
- First Round $3.5M
(Jun 2021)
- Investors Count 9
All 3 funding rounds of Finmo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $18.5M | Series A | – | Quona, PayPal Ventures | |
| Jun 2023 | $5M | Seed | – | – | |
| Jun 2021 | $3.5M | Seed | – | – |
9 investors in total: 9 institutional.
Investors in Finmo
Finmo has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Rocket Internet, Quona and PayPal Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | ||
Venture capital fund investing in early-stage tech startups | paypal.vc | San Jose, United States | ||
Corporate venture capital firm backed by Citi | citi.com/ventures | San Francisco, United States | ||
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
Global investments in internet and technology startups are facilitated. | 2006 | rocket-internet.com | Berlin, Germany | |
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States | ||
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Venture capital services and app-based platform requiring JavaScript. | insignia.vc | |||
Investor details for Finmo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Finmo Tech India Private Limited (Finmo)
Finmo Tech India Private Limited is the primary company behind Finmo. The board of Finmo Tech India Private Limited currently have 2 directors; the longest-serving is Raj Vimal Chopra, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raj Vimal Chopra DIN 09360104 | Director | 14 Oct 2021 | 5 yrs 1 mo | Finmo Tech India Private Limited |
| Rajiv Kumar Chopra DIN 09167502 | Director | 14 Oct 2021 | 5 yrs 1 mo | Finmo Tech India Private Limited |
People of Finmo
5 people are tracked at Finmo (5 in leadership).
| Name | Role | Group |
|---|---|---|
David Hanna | Co-Founder & CEO | Leadership |
| Co-Founder & CTO | Leadership | |
Akhil Nigam | Co-Founder & CPO | Leadership |
Thomas Kang | Co-Founder & Chief Revenue Officer | Leadership |
Richard Oh | Co-Founder & Chief Strategy Officer | Leadership |
Complete people profiles for Finmo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Finmo
Figures of Finmo Tech India Private Limited, the primary company behind Finmo, for FY 2025. Revenue was ₹10.94 Cr (+216% year on year). Net profit was ₹66.7 Lakh (6% margin). EBITDA was ₹1.21 Cr (11% margin). Revenue has grown at a compounded annual rate of +207% over three years.
- ₹10.94 CrRevenue · FY 2025 · +216% YoY
- ₹66.7 LakhNet profit · 6% margin
- ₹1.21 CrEBITDA · 11% margin
- ₹2 LakhPaid-up capital
- 20Employees (provident fund records)
- +207%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finmo Tech India Private Limited are on its company page.
Detailed financial statements for Finmo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Finmo
3 dated milestones of Finmo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Finmo is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series A, of $18.5M.
Web traffic of Finmo
The website of Finmo (finmo.net) receives about 19.5K visits a month.
- Monthly visits19.5K
▲ 6.7% vs previous month
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Related news about Finmo
Complete news archive for Finmo
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Frequently Asked Questions about Finmo
Finmo was founded in 2021.
Finmo is headquartered in Singapore, Singapore.
David Hanna is the CEO of Finmo, as recorded in our data. They have also founded this company.
Finmo is a funded company, having raised a total of $27M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jun 2021.
The primary company behind Finmo, Finmo Tech India Private Limited, reported revenue of ₹10.94 Cr for FY 2025, up 216% year on year.
Finmo is established as a modern treasury platform designed for global companies, built on real-time payment rails to address cross-border commerce challenges. Solutions are provided in money movement, cash management, foreign exchange risk mitigation, and system integration through APIs. The platform is utilized to simplify payments, automate treasury functions, and ensure compliance with financial regulations. Services are offered across multiple sectors, focusing on optimizing speed, convenience, and cost for businesses worldwide.
Finmo offers Money Movement, Cash Management, FX Management, and Integration.
Finmo has 9 investors. Key investors include Rocket Internet, Quona, PayPal Ventures, Citi Ventures, and Alumni Ventures.
Finmo operates through Finmo Tech India Private Limited.
The legal entities of Finmo currently have 2 directors, including Raj Vimal Chopra, Rajiv Kumar Chopra.