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Singapore-based spend management platform that automates accounts payable and gives finance teams control over expenditures.
Founded in 2019 in Singapore, Spenmo provides a spend management platform that automates accounts payable workflows, including Smart Scanning and multi-level approvals, for finance teams in Southeast Asia. CEO Mohandass Kalaichelvan co-founded the company with Isaq Ahmed and Karla Barradas. In January 2022, Spenmo raised USD 75.5 mn in a Series B round led by Tiger Global Management. In 2021 the company reported revenue of USD 225,175.70 and EBITDA of USD -8,182,436.80.
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