Finmo Opens Global HQ in Singapore to Accelerate AI-Driven Treasury Innovation

Finmo has established its new global headquarters at Suntec City, Singapore, signaling a significant scale-up in its operational capacity and AI-driven treasury initiatives. For fintech professionals, this move highlights the accelerating convergence of real-time payments and automated cash management, as the firm leverages its recent Series A funding to solidify its position in the global cross-border ecosystem.

What was announced

Finmo officially opened its Suntec City headquarters, a move that expands its office capacity by 50% to support continued hiring across product, AI strategy, commercial, finance, compliance, and financial partnerships. The opening ceremony was attended by Alvin Tan, Minister of State and Board Member of the Monetary Authority of Singapore. This expansion follows a US$18.5 million Series A funding round announced in February 2025, which was earmarked for accelerating product development and advancing AI capabilities.

The company’s flagship product, TreasuryOS, serves as a single operating system that integrates payments, treasury, and financial intelligence. It currently connects with over 11,000 banks and integrates with major accounting platforms including NetSuite, Sage, Xero, and QuickBooks. Finmo reports that it is currently moving more than US$1 billion every month while remaining cashflow positive as it expands globally. Since obtaining its Major Payment Institution licence in Singapore in 2023, the fintech has more than doubled its local headcount.

A central component of the announcement is the deepening investment in AI, specifically through "MO AI," the company’s agentic AI tool. Finmo plans to deepen its use of agentic AI to help finance teams move from passive monitoring to proactive decision-making. MO is designed to help businesses identify risks, anticipate liquidity needs, and ultimately help orchestrate financial actions. Finmo currently holds 11 licences and regulatory permissions across eight global markets, including Singapore, Australia, Hong Kong SAR, the United Arab Emirates, the United Kingdom, New Zealand, Canada, and the United States. The firm has also strengthened its enterprise foundations with ISO 27001, SOC 2 Type II, and PCI DSS compliance. Its recent milestones include winning the Grand Award – Cross-Border Fintech Unicorn Potential at the Asia FinTech Alliance Awards 2026.

"Payments and treasury are two sides of the same ledger. Yet businesses have traditionally separated the movement of money from the intelligence behind it. Bringing the two together enables smarter payments informed by a real-time understanding of cash, liquidity and the wider financial position,"

David Hanna, Co-Founder and CEO of Finmo.

The companies involved

Finmo was founded by a team of industry veterans including David Hanna, Akhil Nigam, Richard Oh, Raj Vimal Chopra, and Thomas Kang. The leadership team brings significant experience from the broader fintech and crypto sectors; Richard Oh is a Co-Founder of Crypto.com, while Thomas Kang serves as Chief Executive Officer of Converge. The company is backed by prominent venture capital firms including PayPal Ventures, the venture capital arm of the global payments giant, and Citi Ventures. It also counts Quona Capital among its investors, a firm known for its focus on financial technology in emerging markets.

The Singapore-founded fintech operates within a regulatory framework overseen by the Monetary Authority of Singapore (MAS), having obtained its Major Payment Institution licence in 2023. Its ecosystem is built on deep integrations with established enterprise software providers. This includes Xero, the cloud-based accounting software for small and medium-sized businesses, and Sage, a leader in accounting and financial technology. Additionally, Finmo integrates with NetSuite and QuickBooks to provide CFOs with a unified view of financial data across multiple entities and banking systems. The company’s recent industry recognition includes being named FinTech of the Year at the Asia FinTech Awards 2026, further establishing its place in the market alongside established financial infrastructure providers.

What FF News has reported before

FF News has recently covered significant shifts in the Singaporean and global cross-border payment landscape, including the news that Circle to Acquire Tazapay to Scale USDC Cross-Border Payment Infrastructure. This followed reports that Tazapay Joins Borderless Network to Scale Stablecoin Payouts Across APAC and LATAM. In the broader financial reporting and stablecoin space, we have also looked at how Deloitte Ireland and AccountsIQ Partner to Automate Mid-Market Financial Reporting and noted that Mantle Joins Global Dollar Network with Native USDG Stablecoin Integration.

What this means

The move to integrate treasury intelligence directly into the payment flow represents a fundamental shift in the enterprise fintech market. Traditionally, treasury management systems and payment gateways have operated in silos, forcing finance teams to reconcile data manually across disparate banking portals. By combining these functions into a single "TreasuryOS," Finmo is putting pressure on legacy banking platforms that lack real-time connectivity. The industry is clearly moving toward "agentic AI" where software does more than just report data - it suggests and orchestrates actions. The challenge for the sector will be maintaining rigorous regulatory compliance across multiple jurisdictions while allowing AI agents to handle high-value financial movements autonomously.