Fundz

Pemo Launches All-In-One Spend Management Platform For Mena Smes Following $12 Million Seed Round

PRIVATEMay 25, 2022

Amount Raised

$12 Million

Round Type

Seed

DubaiProfessional ServicesFinancial Services

Description

Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced that it has launched its all-in-one spend management platform. Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in the region.

Quick answer

Pemo raised $12 Million in a Seed round, dated May 25, 2022. Pemo is based in Dubai, Dubai, United Arab Emirates.

How much did Pemo raise?
Pemo raised $12 Million in a Seed round on May 25, 2022.
What does Pemo do?
Pemo is a UAE-based startup on a mission to empower small and medium-sized enterprises (SMEs) across the Middle East, North Africa and Pakistan (MENAP) region by offering an all-in-one spend management platform that..
Where is Pemo based and how big is it?
Pemo is based in Dubai, Dubai, United Arab Emirates.
Who are the decision-makers at Pemo?
Fundz holds 1 contact at Pemo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Financial Services around the same time

Companies in the same sectors as Pemo that raised within 45 days of this round, from Fundz verified event records.

  • Tgm raised an undisclosed amount (Funding Round) on July 8, 2022.
  • Sfc Capital raised $6.5M on June 30, 2022.
  • Zing Data raised $2.4M (Seed) on June 29, 2022.
  • Hercules Capital raised an undisclosed amount (Debt Financing) on June 23, 2022.
  • Titan Casket raised $3.5M (Seed) on June 9, 2022.
  • Northern Gritstone raised $281M (Funding Round) on May 20, 2022.

Who to call at Pemo, and when

A new round usually means Pemo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pemo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pemo, from your own LinkedIn network

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Company Information

Company

Pemo

Location

Dubai, Dubai, United Arab Emirates

About

Pemo is a UAE-based startup on a mission to empower small and medium-sized enterprises (SMEs) across the Middle East, North Africa and Pakistan (MENAP) region by offering an all-in-one spend management platform that packs every company invoice, expense, approval and spending decision into one powerful platform.

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Fundz sees it the moment Pemo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Pemo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.