Finmo has successfully raised $18.5 million in an oversubscribed Series A funding round, co-led by Quona Capital and PayPal Ventures, with additional participation from Citi Ventures. The funds will be used to enhance Finmo's product development, boost AI capabilities, and expand its global presence.

<ul>
  <li>Oversubscribed Series A Funding Round Was Co-Led By Quona Capital and PayPal Ventures with Participation from Citi Ventures</li>
  <li>Finmo Will Use Funds to Accelerate Product Development and AI Capabilities and Expand Global Reach</li>
</ul>

PayPal Ventures and Quona Capital jointly led a $18.50 million Series A financing for Finmo.