Finmo

Finmo, founded in 2021, operates as a comprehensive Treasury Operating System (TOS) for global businesses, particularly targeting small and medium-sized businesses (SMBs). The company was established by a team with extensive backgrounds in financial services and technology: David Hanna (CEO), Akhil Nigam (CPO), Raj Vimal Chopra (CTO), Thomas Kang (CRO), and Richard Oh (CSO). The founding team's collective experience at major firms like PayPal, Mastercard, Rapyd, and Citi informed their approach to solving the complex treasury challenges they witnessed firsthand.

Headquartered in Singapore, Finmo provides a unified, cloud-based platform designed to streamline and automate critical financial operations for companies operating across multiple markets. The business model centers on offering a modular suite of financial tools, enabling clients to manage international payments, liquidity, and foreign exchange risk from a single interface. Finmo serves businesses of various sizes, from startups to larger enterprises, that face complexities in managing cross-border transactions and cash flow. Revenue is likely generated through transaction fees, subscription plans for its platform, and foreign exchange services. The company's platform is built on real-time payment rails, allowing businesses to collect funds in over 40 currencies and make payments to more than 180 countries.

The core of Finmo's offering is its integrated system that provides real-time visibility into global cash positions, automates money movement, and helps mitigate financial risks. Key product modules include Money Movement for local and global payments, Cash Management for liquidity optimization and cash flow forecasting, and FX Management for automating hedging strategies. The platform features an API-first approach, facilitating seamless integration with existing Enterprise Resource Planning (ERP) and accounting systems. A significant milestone was the company securing a total of $27 million in funding, including a notable $18.5 million Series A round in February 2025, co-led by Quona Capital and PayPal Ventures. This capital is intended to accelerate product development, enhance AI capabilities, and support global expansion. The company has also achieved multiple regulatory licenses and certifications across Australia, Singapore, the US, Canada, and New Zealand.

Keywords: treasury operating system, cross-border payments, cash management, liquidity optimization, FX risk management, global finance platform, fintech, B2B payments, financial automation, multi-currency accounts, payment orchestration, real-time payments, corporate treasury, financial workflow automation, API-first finance, international money transfer, SMB finance, cash flow forecasting, hedging strategies, global payment rails