Finmo, the treasury operating system for global businesses, today announced the launch of the Finmo Business Account, a multi-currency account for small and medium-sized enterprises (SMEs) that operate across borders. Businesses receive local account details in their own name to collect funds in more than 45 currencies, hold more than 27 currencies and make payments to more than 195 countries and territories. Finmo provides every collection, conversion and payment directly, under its own licences and through its payments partner network. The Business Account also extends Finmo Treasury. Treasury users already see their cash position and forecasts across every entity and bank. Now they can also move funds in multiple currencies in real time, from the same platform. SMEs that transact internationally often hold accounts with several providers. They decide whether to convert, hold or pay with only part of the picture. Many keep larger idle balances than they need, or convert funds they later need back. "Businesses have usually had to choose between a provider that moves their money and software that shows them where it is," said David Hanna, Co-Founder and CEO of Finmo. "Because Finmo holds the licences and partnerships to move money itself, the Business Account closes that gap. A company can see its position and act on it in one place, on infrastructure we operate." What the Business Account offers SMEs ● Get paid like a local: local account details in the company’s own name, so customers pay in their own currency. ● Convert on your terms: no forced conversion. Businesses convert only when they choose. ● See the cost first: fees and exchange rates are shown before every conversion and payment. ● Pay globally: bulk payouts, bill payments and scheduled transfers. ● Keep the books in sync: transactions synchronise with leading ERP and accounting platforms. ● Put surplus cash to work: money market funds. ● Built for teams: unlimited users, with approvals for the people who move money. Licensed money movement, operated by Finmo Finmo is the licensed provider behind the Business Account; the account doesn’t run on another company’s platform. Finmo holds 11 licences and regulatory permissions across eight markets, including a Major Payment Institution licence from the Monetary Authority of Singapore. Businesses move more than US$1 billion through Finmo every month. A module within Finmo Treasury For businesses that also use Finmo Treasury, the Business Account works seamlessly across the platform. Finmo Treasury consolidates balances across a company's entities and its accounts at other banks into a single cash position, provides a 13-week cash flow forecast, and monitors cash balances to proactively manage counterparty exposure, FX risk,and minimum balances. With the Business Account in the same platform, a finance team that spots idle cash, a funding gap or a currency it should convert can carry out the conversion or payment without leaving Finmo. MO AI, Finmo’s built-in AI agent, is rapidly evolving to bring greater intelligence, decision-making, and execution to users. “Treasury platforms have long been good at showing companies their cash, but they have depended on banks to act on it,” Hanna added. “We spent years securing licences across eight markets so Finmo could do both. With the Business Account, licensed money movement now sits inside a treasury platform, and that is central to where we are taking the company.” Availability Global businesses can apply online for a Finmo Business Account. Singapore-incorporated companies can apply online through MyInfo Business using Corppass and Singpass. To mark the launch, new customers who register here with the code FINMOBA26 can receive up to US $100 in cashback. Terms and conditions apply. Finmo will demonstrate the Finmo Business Account and Finmo Treasury at Singapore FinTech Festival 2026, 18 to 20 November, at booth 3L19 in Hall 3. NoYesPayments03 Nov, 2026