# Spenmo: Information technology & services, Singapore, Singapore

> Spenmo: Spenmo is a financial technology company based in Singapore, specializing in spend management and accounts payable automation.

Source: https://millionrounds.com/startup/spenmo (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Information technology & services startup](https://millionrounds.com/companies)

# Spenmo

Spenmo is a financial technology company based in Singapore, specializing in spend management and accounts payable automation.

Funding reported Last round: Series B

Information technology & services Singapore, Singapore

Company summary

- **Founded:** 2019 7 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 121.3M as listed, currency not stated
- **Last round:** Series B Jan 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Spenmo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Spenmo

Spenmo is a financial technology company based in Singapore, specializing in spend management and accounts payable automation.

Founded in 2019, Spenmo has developed into a comprehensive payables platform designed for small to medium-sized businesses. The company operates primarily in Southeast Asia, with a growing presence in Asia and North America. Spenmo offers a cloud-based platform that automates the entire accounts payable lifecycle. Key features include automated bill payments, corporate card solutions, expense management, and international money transfers. The platform integrates with major accounting systems, providing businesses with real-time visibility and control over their financial operations. Spenmo aims to streamline payment processes, reduce administrative burdens, and enhance financial transparency for its clients. With significant funding and a dedicated team, Spenmo is positioned to lead in the accounts payable automation space.

## What company datasets say Spenmo raised

Funding, as reported

Reported in all **121.3M** in the source's currency

Rounds **4**

Last round **Series B**

Last round size **85M**

Last round date **Jan 2022**

Investors listed **23**

Valuation **$500M, Oct 2024**

Y Combinator **S20**

## On 7 portfolio pages

Investors who name them

- [Rocket Internet](https://millionrounds.com/fund/rocket-internet)
- [Iterative](https://millionrounds.com/fund/iterative)
- [Mbanq Labs](https://millionrounds.com/fund/mbanq-labs)
- [Locus Ventures](https://millionrounds.com/fund/locus-ventures)
- [Silicon Ventures](https://millionrounds.com/fund/silicon-ventures)
- [Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures)
- [Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture)

Each firm lists Spenmo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

growth corporate card management expense reporting software automated approval workflows integrated payments platform integrated financial platform digital payments cloud security compliance cloud finance spend control corporate card issuance customizable approval flow fintech platform computer & network security petty cash reduction transaction monitoring

Built with from their website

Google Tag Manager Google Ads Google Workspace CloudFlare Viewport Meta Hubspot Facebook SDK Apple Business Manager Google Meet Ahrefs

+8 more

Workable Unpkg Mobile Friendly Open Graph AOS Amazon Route 53 jQuery Facebook Pixel

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 51321, 522320, SIC 7375, 7372, 7389
- **Revenue:** 5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/spenmo)

## Information technology & services in Singapore

Startups like it

- [**Lazada** Singapore · founded 2012 *Raised*](https://millionrounds.com/company/lazada)
- [**PixVerse** Singapore · founded 2023 *Raised*](https://millionrounds.com/company/pixverse)
- [**BIGO** Singapore · founded 2014 *Raised*](https://millionrounds.com/company/bigo)
- [**Carro** Singapore · founded 2015 *Raised*](https://millionrounds.com/company/carro)
- [**Video Rebirth** Singapore · founded 2025 *Raised*](https://millionrounds.com/company/video-rebirth)
- [**Patsnap** Singapore · founded 2007 *Raised*](https://millionrounds.com/company/patsnap)
- [**Ropedia** Singapore *Raised*](https://millionrounds.com/company/ropedia)
- [**Sign** Singapore · founded 2020 *Raised*](https://millionrounds.com/company/sign)

## Is this your company?

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