Spenmo
fund manager
sector
B2B Services
geography
Rest of world
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status
Portfolio
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#Innovative

Spenmo

Co-invested company
Spenmo simplifies payment management for businesses. Its system offers the ability to make secure cross-border payments with competitive rates, resulting in significant savings for businesses in terms of time and processing fees.
Spenmo offices, part of the Private Equity manager's portfolio Insight Partners

Spenmo key figures

+ 120
employees
98%
faster invoice processing times
50
hours of work saved each month
10 000 $
average monthly savings on processing costs
Data at
4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About Spenmo

Singapore-based Spenmo simplifies the management of corporate payments, including invoice payments, international transfers and employee claims.

Thanks to its system, customers can make secure cross-border payments at competitive rates, guaranteeing fast, error-free invoice processing.

Spenmo provides employees with payment cards, while giving management total control over spending.

Its advanced technology simplifies administrative management, eliminates the need for expense reports and facilitates accounting. All data captured can be directly integrated into the customer's accounting system, considerably reducing the administrative complexity of the finance function.

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