Finmo, a Singapore-based treasury and payments software company, has opened its global headquarters at Suntec City after its TreasuryOS platform crossed US$1 billion in monthly transaction volume.

Alvin Tan, Singapore’s minister of state for foreign affairs and national development, and a board member of the Monetary Authority of Singapore, officiated the opening.

Finmo said the new office will increase capacity by 50%,  supporting local hiring and further investment in AI and treasury intelligence.

Earlier this year, it secured US$18.5 million in series A funding to expand its AI-powered treasury platform globally.

The company also received in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore in 2023.

🔗 Source: Finmo