Finofo

Where finance teams of global businesses bank, transact, and plan.

General Information
Company Name
Finofo
Founded Year
2022
Location (Offices)
Calgary, Canada +1
Founders / Decision Makers
Number of Employees
16
Industries
Fintech, Payments
Funding Stage
Pre Seed
Social Media

Finofo - Company Profile

Finofo is a Canada-based fintech startup that aims to revolutionize the financial services for global businesses. With the slogan "Where finance teams of global businesses bank, transact, and plan," Finofo is committed to providing a single platform for businesses to access global banking, automate accounts payable and receivables, and manage their treasury functions. The company, founded in 2022, addresses the need for better financial services by offering a comprehensive solution that streamlines financial processes for businesses. Finofo's Pre Seed Round investment on 02 April 2024 was secured from Plug and Play, reflecting investor confidence in the company's vision and potential. Finofo's mission is underscored by its description: "My bank is great at payments and I love their tech — said no one ever. We all deserve better financial services, so we are building it - a single platform for businesses to access global banking, automate accounts payable and receivables, and manage their treasury functions." By emphasizing the need for improvement in financial services, Finofo has positioned itself as a promising player in the evolving fintech landscape.

Taxonomy: Financial Technology, Global Banking, Treasury Management, Foreign Exchange, Cross-Border Payments, Business Analytics, Integrated Platform, Currency Risk, Real-time Alerts, Hedging Strategies, Payment Automation, Accounts Payable, Accounts Receivable, Tech-enabled Financial Services

Funding Rounds & Investors of Finofo (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round Unknown 1 02 Apr 2024
Pre Seed Round $1.25M 4 Sweetspot Capital, Desjardins 15 Aug 2023

Latest News of Finofo

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No recent news or press coverage available for Finofo.

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