# Finmo

> Finmo is a Singapore-based fintech building a Treasury Operating System (TOS) - a single, API-driven platform that unifies global payments, multi-currency accounts, cash visibility and forecasting, FX risk management, and working-capital optimisation for finance teams. Founded in 2021 and led by CEO David Hanna, the company holds payment licenses across multiple markets and raised an oversubscribed US$18.5 million Series A in February 2025, bringing total funding to roughly US$27 million.

- **Founded:** 2021
- **Headquarters:** Singapore
- **Founders:** David Hanna (Co-founder & CEO), Thomas Kang (Co-founder & Chief Strategy Officer), Richard Oh (Co-founder), Akhil Nigam (Co-founder), Raj Vimal Chopra (Co-founder)
- **Team size:** ~120 employees
- **Products:** Connected Dashboard, Cash Visibility, Cash Forecasting, Payments / Money Movement, AR/AP Automation
- **Notable:** Raised an oversubscribed US$18.5M Series A in February 2025, co-led by Quona Capital and PayPal Ventures with Citi Ventures participating., Reached roughly US$27M in total funding across rounds., Secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in 2023.

## Products & services

- **Connected Dashboard** — A unified view that brings together all of a company's financial data across banks, entities and currencies.
- **Cash Visibility** — Real-time cash flow, accounts payable and accounts receivable visibility across the business.
- **Cash Forecasting** — Tools to track and forecast cash flow clearly and continuously.
- **Payments / Money Movement** — Global Currency Accounts to get paid like a local in 30+ currencies, plus local and cross-border payouts across 200+ countries.
- **AR/AP Automation** — Automated workflows for receivables and payables to reduce manual finance operations.
- **Working Capital Optimisation** — FX and hedging management plus an Invest capability that turns idle funds into active returns.

## Achievements

- Raised an oversubscribed US$18.5M Series A in February 2025, co-led by Quona Capital and PayPal Ventures with Citi Ventures participating.
- Reached roughly US$27M in total funding across rounds.
- Secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in 2023.
- Licensed across Singapore, Australia, the United States and New Zealand.
- Won a Best Treasury Solution award in collaboration with OCBC in 2024.
- Partnered with Standard Chartered on multi-currency accounts and API-driven treasury in 2025.

## Latest updates

- **2025-11** — Announced a partnership with Standard Chartered at Singapore FinTech Festival 2025 to launch Global Currency Account capabilities and API-driven treasury connectivity.
- **2025-02** — Closed an oversubscribed US$18.5M Series A co-led by Quona Capital and PayPal Ventures, with Citi Ventures participating; funds earmarked for AI capabilities and global expansion.
- **2024** — Rebranded to emphasise connected treasury management and won a Best Treasury Solution award with OCBC.

## Links

- Website: https://www.finmo.net
- LinkedIn: https://www.linkedin.com/company/finmotech/
- YouTube: https://www.youtube.com/@Finmo_BeyondPayments/videos

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Profile page: https://yespress.io/finmo
Published by YesPress — https://yespress.io
Last updated: 2026-07-28