Companies · Fintech
Singapore · Singapore · Fintech · founded 2020 · https://summitglobal.com/
Diligence memoA one-page analyst read on Spenmo — recommendation, valuation, rhythm, risks.→Spenmo: limited disclosed financing to assess.
Synthesized from the figures below est. — every claim rests on a number shown on this page.
Spenmo is one of 1063 Fintech companies tracked from Singapore, Singapore, on record since 2020. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and mid-pack by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%
operates a technology-led product inferred from public copy
Grounded in: “You are a venture analyst”
A spend management software that provides businesses visibility,…
Founded in June 2019 and based in Singapore, Spenmo is building the only software you need as a business to manage payables. From bill payment, corporate card, local and international transfer, to employee’s expense claim, Spenmo helps companies streamline their AP processes with our technology. Before Spenmo, AP staff were drowned in manual work and struggled to reconcile all their spending on time. Not anymore. Thousands of businesses are now using Spenmo to payout their AP, track and categorize spend, and close their books on auto-pilot in 90% less time. On average, finance teams who use Spenmo save over 50 hours and $10,000 every month.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
No round amounts on record to chart.
No staged rounds to sequence.
Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 66% of sector peers (real $). Modeled value above 66% of peers (estimate).
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| No rounds recorded. | |||||
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Spenmo is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| 1stCollab | Fintech | — | — | — | same sector |
| Abacus | Fintech | — | — | — | same sector |
| Absa Bank | Fintech | — | — | — | same sector |
| Accend | Fintech | — | — | — | same sector |
| Accept.inc (formerly BoardRE) | Fintech | — | — | — | same sector |
| Aer | Fintech | — | — | — | same sector |
| Affinity | Fintech | — | — | — | same sector |
| Ajaib | Fintech | — | — | — | same sector |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| xPay International Billing Ops, Sales Tax and Payments for SaaS businesses | Fintech | Pre-Seed | $10.9M | 78% |
| GIMO We help underbanked workers get paid before payday | Fintech | — | — | 77% |
| Tola The simple, fast and free tool for businesses to pay and get paid | Fintech | — | — | 76% |
| Jutsoo All your corporate bank accounts connected under one platform | Fintech | — | — | 75% |
| Cedalio AI agents that automate AP, procurement, and finance | Fintech | — | — | 75% |
| Paymento Paymento, a Berlin-based embedded payments provider, has closed a €4.2 million Series A round led by Project A Ventures to expand across the DACH region. | Fintech | Series A | $26.1M | 75% |
| ControlHub Purchasing Software | Procure-to-Pay SaaS | Fintech | — | — | 75% |
| Volopay Brex for South East Asia - Corporate cards & automated payments. | Fintech | — | — | 75% |
See where Spenmo sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Spenmo, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.