Investment Led by Quona Capital and PayPal Ventures, With Participation from Citi Ventures
Finmo, the all-in-one Treasury Operating System (TOS), has successfully raised $18.5 million in an oversubscribed Series A funding round, bringing its total funding to $27 million. This investment will accelerate product development, enhance AI-driven capabilities, and support Finmo’s global expansion efforts.
The round was co-led by Quona Capital and PayPal Ventures, with participation from Citi Ventures—a strong endorsement of Finmo’s innovative approach to modern treasury management.
Driving Innovation in Treasury Management
Finmo’s platform simplifies treasury operations by offering real-time payment capabilities, improved cash flow visibility, FX risk management, compliance automation, and liquidity optimization—all within a single, scalable system. The company aims to empower businesses to streamline financial workflows and make informed strategic decisions.
"This investment reaffirms our vision of transforming global treasury operations," said David Hanna, CEO and Co-Founder of Finmo. "With the backing of our investors, we will enhance our technology, scale our platform, and expand into new markets to help businesses optimize liquidity and financial risk management."
Ashish Aggarwal, Partner at PayPal Ventures, emphasized Finmo’s impact on treasury operations:
"Finmo is addressing key pain points in modern financial management, bringing efficiency and automation to businesses operating in an increasingly complex global environment. We are excited to support their journey."
Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona Capital, added:
"Finmo’s innovative Treasury Operating System is reshaping how businesses manage payments, liquidity, and risk across geographies. Their strong leadership and disciplined approach position them as a key player in global treasury innovation."
About Finmo
Founded in 2021, Finmo is a global Treasury Operating System designed to help businesses manage cross-border payments, optimize liquidity, and navigate financial complexities with ease.
For more information, visit www.finmo.net.
Media Contact
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Finmo Media Team
media@finmo.net
