Finmo is a Treasury Operating System that leverages real-time payment (RTP) rails to provide global companies with immediate visibility and control over their cash management processes. It enables businesses to manage liquidity, mitigate financial risks, and ensure compliance with regulations, all while reducing transaction delays.
Funding
$11.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Global companies face challenges in managing their treasury operations due to fragmented systems, lack of real-time visibility, and reliance on traditional payment methods. This can lead to inefficiencies in cash flow forecasting, increased financial risk, and difficulties in complying with evolving financial regulations.
Solution
Finmo offers a Treasury Operating System (TOS) built on real-time payment rails, providing global companies with a unified platform to manage their mission-critical treasury functions. The platform facilitates instant money transfers, accurate cash flow forecasting, and optimized liquidity management. It also helps mitigate financial risks by automating foreign exchange risk management and ensures seamless compliance with financial regulations. Finmo's modular design allows companies to use individual modules or the entire suite, tailoring the solution to their specific needs.
Target Audience
Finmo targets global companies seeking to streamline their treasury operations, improve cash flow management, mitigate financial risks, and ensure regulatory compliance.
Features
- Real-time payments infrastructure for instant money transfers
- Cash management module providing real-time visibility and reporting
- Predefined workflow automation to optimize working capital
- FX management module to automate foreign exchange risk management
- Integration capabilities through easy-to-use APIs
- Broad connectivity across various systems
- Compliance tools to ensure adherence to financial regulations
- Secure platform with funds safeguarded in leading global financial institutions