About Finmo
Finmo is a company based in Singapore (Singapore) founded in 2021 by David Hanna, Raj Vimal Chopra, Akhil Nigam, Thomas Kang, and Richard Oh. It operates as a SaaS (Software-as-a-Service), and FinTech. Finmo has raised $27 million across 3 funding rounds from investors including Rocket Internet, Quona and PayPal Ventures. Finmo offers products and services including Money Movement, Cash Management, FX Management, and Integration. Finmo operates in a competitive market with competitors including Juspay, Zuora, PPRO, Spreedly and ZOOZ, among others.
- Headquarter Singapore, Singapore
- Founders David Hanna, Raj Vimal Chopra, Akhil Nigam, Thomas Kang, Richard Oh
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Finmo Tech Pte Ltd
- Date of Incorporation 14 Oct, 2021
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$27 M (USD)
in 3 rounds
-
Latest Funding Round
$18.5 M (USD), Series A
Feb 12, 2025
-
Investors
Rocket Internet
& 8 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Finmo
Finmo offers a comprehensive portfolio of products and services, including Money Movement, Cash Management, FX Management, and Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
Unlock access to complete
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 Total Funding
- Total Rounds 3
- Last Round Series A — $18.5M
-
First Round
First Round
(01 Jun 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Finmo | Valuation | Quona , PayPal Ventures | |
| Jun, 2023 | Amount | Seed - Finmo | Valuation |
investors |
|
| Jun, 2021 | Amount | Seed - Finmo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Fintech investments focused on financial inclusion and global economic growth.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in early-stage tech startups
|
Founded Year | Domain | Location | |
|
Corporate venture capital firm backed by Citi
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Finmo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Finmo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Juspay, Zuora, PPRO, Spreedly and ZOOZ, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment orchestration, recurring payments, and checkout flow solutions are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based invoice and subscription management solutions for businesses
|
|
| domain | founded_year | HQ Location |
Merchant acquiring and orchestration solutions are provided for payments.
|
|
| domain | founded_year | HQ Location |
Payment orchestration is facilitated for international transactions and analytics.
|
|
| domain | founded_year | HQ Location |
Cloud-based payment routing solutions are provided for business merchants.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Finmo
Frequently Asked Questions about Finmo
When was Finmo founded?
Finmo was founded in 2021.
Where is Finmo located?
Finmo is headquartered in Singapore, Singapore.
Who is the current CEO of Finmo?
David Hanna is the current CEO of Finmo. They have also founded this company.
Is Finmo a funded 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 01, 2021.
What does Finmo do?
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.
What products or services does Finmo offer?
Finmo offers Money Movement, Cash Management, FX Management, and Integration.
Who are Finmo's investors?
Finmo has 9 investors. Key investors include Rocket Internet, Quona, PayPal Ventures, Citi Ventures, and Alumni Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.