UAE-based fintech Pemo secures $12 million in funding
Pemo, [https://www.pemo.io/] an expense management fintech startup based in UAE has secured $12 million in its seed funding round. * The funds will be used to further develop its product offering, and expand its operations into Saudi Arabia by the end of 2022. * Pemo is a fintech startup
Pemo, an expense management fintech startup based in UAE has secured $12 million in its seed funding round.
- The funds will be used to further develop its product offering, and expand its operations into Saudi Arabia by the end of 2022.
- Pemo is a fintech startup helping businesses in the Middle East, North Africa and Pakistan (MENAP) to access integrated and transparent expense management solutions with smart corporate cards for small and medium-size enterprises.
- The funding round was led by Cherry Ventures and Shorooq Partners with participation from FinTech Collective, Speedinvest, BY Venture Partners, Antler and private angel investors.
