Calgary Fintech, Finofo Raises $3.3M to Transform Cross-Border Financial Operations for Mid-Market Companies
Summary
Finofo raised $3.3 million in seed funding led by Watertower Ventures, with support from existing investors. The company provides a financial operations platform for global payments, receivables, FX, and accounts payable workflows. It also launched a $29/month Small Business Plan with payment, ERP sync, approvals, and FX features for SMBs. The company says it has tripled revenue over the last 12 months and will use the capital to expand further.
Funding
Amount
$3.3M
Total raised
Date
June 10, 2025
Announcement date
Investors
Watertower Ventures
Lead investors
Company
finofo.com
Funded company
Classifications
industries
Retail
applications
ERP & Process Management
AskAI Classifications
Labels
Accounts Payable Automation
Finance Software
SaaS
Linked Companies
Finofo
up to $1M