Finofo Inc.
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Finofo Inc. - overview
Established
2019
Location
Calgary, AB, Canada
Primary Industry
Financial Services
About
Based in Calgary, Canada, Finofo Inc operates as a financial technology company that offers a platform-as-a-service in which users can automate transactions like foreign exchange, payments, and international banking. The company was Co-founded by Charles Maranda and Prateek Sodhi. In June 2025, Finofo Inc. raised USD 3.
3 million in seed funding led by new investor Watertower Ventures, with participation from returning investors Motivate Venture Capital and SaaS Ventures. Other unspecified investors also participated in the round. The company offers software-as-a-service in which users can automate their financial transactions like currency conversions, global banking, and accounts payable processing. It covers international payments across 150 countries and 40 currencies and let users track their payments in real-time.
The platform also helps clients to schedule, bulk pay, or split invoice payments. The company will use the June 2025 funding for further growth and development.
Current Investors
SaaS Ventures, Desjardins Global Asset Management, Motivate Venture Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Internet, Accounting/Finance Software
Website
www.finofo.com
Verticals
Cloud Computing, Cloud Computing, FinTech, FinTech, FinTech, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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Finofo Inc. - employee data
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