Finmo secures $18.5M Series A to advance treasury management with AI and global expansion

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.

Ashish Aggarwal, Partner at PayPal Ventures, emphasized Finmo’s impact on treasury operations:

Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona Capital, added:

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

Dayna Leng
Global Head of Marketing, Finmo
dayna.leng@finmo