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Spenmo logo — Streamline company spend while maintaining control. Gain vis...

Spenmo

Streamline company spend while maintaining control. Gain visibility and control over all spend.

Founded 2019 Singapore Singapore 10 employees Series B Total: $121.35M B2B, Financial Services +2

General Information

Company Name Spenmo
Founded Year 2019
Location Singapore Singapore
Employees 10
Industries B2B, Financial Services, Fintech +1
Funding Stage Series B
Business Model B2B, SaaS, Embedded Finance
Revenue Model Subscription, Tiered Pricing, Transaction Fee
Social

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About Spenmo

Spenmo, founded in 2019, is a rapidly growing player in the Fintech and Financial Services sectors, headquartered in Singapore. The company operates primarily in the B2B space, offering an all-in-one solution designed to streamline company spend while maintaining financial control. Their platform provides businesses with comprehensive visibility and enhanced control over their financial expenditures, aligning with their slogan: "Streamline company spend while maintaining control. Gain visibility and control over all spend."

Spenmo's significant market traction is underscored by its latest funding round—a successful $85.35M Series B investment secured on 05 January 2022 from Xffirmers. This infusion of capital highlights strong investor confidence in Spenmo's product offering and market potential. As the fintech landscape continues to evolve, Spenmo is well-positioned to capitalize on the growing demand for efficient spend management solutions.

Business keywords: Expense Management, Budget Management, Financial Decision-Making, Spend Control, Visibility Over Spend, Approval Workflow, Real-Time Expense Tracking, Expense Policies, Unauthorized Spending Prevention, Finance Teams Support, Spend Optimization, Expense Reporting, Corporate Finance Solutions, Financial Technology

Services & Products

Spend Management Automation
Bill Processing
Corporate Debit Card Issuance
Cross-border Payment Services
Reimbursement Processing

Target Customers

Businesses Organizations seeking financial automation solutions Companies utilizing accounting software

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $85.35M 1
Xffirmers
Xffirmers
05 Jan 2022
Series A $34.00M 8
Insight Partners Commerce Ventures Global Founders Capital
Insight Partners, Commerce Ventures +6
22 Sep 2021
Seed Round Undisclosed -
20 Oct 2020
Pre Seed Round $2.00M -
14 Aug 2020

Spenmo Alternatives & Competitors

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Spenmo vs
Spendesk
Spendesk France

Liberating every part of your business with smarter, agile spending.

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356 employees
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Spenmo vs
Soldo
Soldo United Kingdom

The proactive spend management solution that frees progressive businesses to accomplish more

404 employees
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Spenmo vs
Divvy
Divvy

Gain complete control and real-time visibility into company spending while eliminating the hassle of...

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FAQ About Spenmo

Streamline company spend while maintaining control. Gain visibility and control over all spend.
Spenmo was founded in 2019.
Spenmo is headquartered in Singapore.
Spenmo operates in B2B, Financial Services, Fintech and Payments. Its work centres on Expense Management, Budget Management, Financial Decision-Making and Spend Control. Its customers include Businesses, Organizations seeking financial automation solutions and Companies utilizing accounting software.
Spenmo has a B2B, SaaS and Embedded Finance business model. Its revenue comes from Subscription, Tiered Pricing and Transaction Fee.
Spenmo has approximately 10 employees.
Spenmo has completed 4 funding rounds, raising a total of $121.35M. The latest funding stage is Series B.
Spenmo offers: Spend Management Automation, Bill Processing, Corporate Debit Card Issuance, Cross-border Payment Services, Reimbursement Processing.
Top alternatives and competitors to Spenmo include Spendesk, Soldo, Divvy, Mooncard, Zemo . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spenmo and Spendesk are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spenmo, https://bouncewatch.com/company/spenmo, updated 14 August 2026. When citing, please name BounceWatch and link this page.

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