Funding Details
- Awarder
- YCombinator
- Date Award
- August 12, 2020
- Vertical
- Fintech,Banking and Exchange
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2020
- Company Description
- Founded in June 2019 and based in Singapore, Spenmo is building the only software you need as a business to manage payables. From bill payment, corporate card, local and international transfer, to employee’s expense claim, Spenmo helps companies streamline their AP processes with our technology.
Before Spenmo, AP staff were drowned in manual work and struggled to reconcile all their spending on time. Not anymore. Thousands of businesses are now using Spenmo to payout their AP, track and categorize spend, and close their books on auto-pilot in 90% less time. On average, finance teams who use Spenmo save over 50 hours and $10,000 every month.
- Market
- Fintech
- Coinvestors
- YCombinator
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