Finmo is a Singapore-based financial technology startup that was founded in 2021. The company's mission is to simplify payments, automate mission-critical treasury functions, and empower businesses and consumers to transact with the most relevant methods. Their Treasury Operating System (TOS) is built on real-time payments rails and aims to facilitate instant money transfers, accurate cash flow forecasting, optimized liquidity management, financial risk mitigation, and compliance with financial regulations. The company recently secured a $5.00M Seed Round investment on 21 June 2023, with participation from Insignia Venture Partners and Alumni Ventures Blockchain Fund.
Finmo's offering represents a category-defining product, setting a new standard for how financial technology platforms can support financial stability to ensure sustained success beyond mere fund transfers. The company's focus on essential treasury functions, combined with real-time capabilities, positions them well in the competitive landscape of the Financial Services, Fintech, and Payments industries.
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