About Finmo
Finmo is a company based in London (United Kingdom) founded in 2017 by J D Rainey. It operates as a SaaS (Software-as-a-Service), Freemium, and FinTech. The company has 3 employees as of May 31, 2021. Finmo offers products and services including Finmo Lite, Finmo Complete, and Finmo Bookkeeper. Finmo operates in a competitive market with competitors including Keeper Tax, Namu, Sabius, Ruby Money and TxTo, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 31 May, 2021
- Founders J D Rainey
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Finmo Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
3
as on May 31, 2021
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Products & Services of Finmo
Finmo offers a comprehensive portfolio of products and services, including Finmo Lite, Finmo Complete, and Finmo Bookkeeper. 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.
Digital storage for receipts and expense recording is provided.
Receipt matching with bank transactions is facilitated for users.
Dedicated bookkeeping support for self-employed individuals is offered.
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Funding Insights of Finmo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Finmo | Valuation | Founders Factory |
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| 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 |
Investors in Finmo
Finmo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Founders Factory. 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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Startup studio focused on fintech, telecoms, and multiple sectors
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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 Keeper Tax, Namu, Sabius, Ruby Money and TxTo, 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 |
Tax write-off software is offered for self-employed individuals and freelancers.
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| domain | founded_year | HQ Location |
Accounting and tax solutions are offered for freelance businesses.
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| domain | founded_year | HQ Location |
Delivers tax return filing solutions tailored for freelancers.
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| domain | founded_year | HQ Location |
Cloud-based platform for accounting, invoicing, and tax management is offered.
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| domain | founded_year | HQ Location |
Tax management platform for freelancers and sole proprietors is provided.
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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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Frequently Asked Questions about Finmo
When was Finmo founded?
Finmo was founded in 2017.
Where is Finmo located?
Finmo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Finmo?
J D Rainey is the current CEO of Finmo. They have also founded this company.
How many employees does Finmo have?
As of May 31, 2021, the latest employee count at Finmo is 3.
What does Finmo do?
Tax management and bookkeeping services are offered by Finmo to support self-employed individuals and sole traders. Digital tools for storing receipts, tracking expenses, and filing tax returns are provided. Sectors served include financial technology with a focus on simplifying self-assessment processes. Personalized support through expert advisors and dedicated bookkeepers is ensured. Solutions cater to varying needs with options like Finmo Lite for basic requirements and Finmo Complete for advanced control.
Who are the top competitors of Finmo?
Finmo's top competitors include Keeper Tax, Namu and TxTo.
What products or services does Finmo offer?
Finmo offers Finmo Lite, Finmo Complete, and Finmo Bookkeeper.
Who are Finmo's investors?
Finmo has 1 investor. Key investors include Founders Factory.
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