What does Finmo do?

Modified on Thu, 1 Aug at 11:50 PM

Finmo lets you collect money, make payments, manage cash and liquidity, mitigate financial risks, and comply with financial regulations – all in one place.


Finmo offers a variety of local payment methods where you can collect money in real-time via Virtual Accounts (VA), Quick Response codes (QRs), Proxy Account Numbers etc and also initiate local payouts via domestic payment methods without opening a local bank account in the market or establishing a local entity. Finmo also offers a Business to Consumer (B2C) Checkout experience where you can redirect your retail customers to pay with a variety of payment methods and get notified in real-time of the payment received. 


Finmo also offers a global payments framework called Global Currency Accounts (GCA) which operates like your own Multi-currency accounts where the monies collected from local markets can be used as your working-capital and loaded to your Multi-currency Accounts to make payments to your beneficiaries such as suppliers or employees globally in 180+ markets via both local payment methods as well global wire payments. Finmo provides you local bank account numbers in USD, EUR, GBP, CAD, AUD and SGD as well as international account numbers for loading up to 38 currencies. You can convert your funds at live rates instantly and hold or initiate payouts all through one dashboard.

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