Calgary fintech Finofo raises $3.3M for global payments platform expansion

From GlobeNewswire: 2025-06-10 11:30:00

Finofo, a financial operations platform based in Calgary, announced a $3.3 million seed funding round led by Watertower Ventures. The platform helps businesses manage global payments, international receivables, FX, and AP workflows, with a focus on simplifying international payments and automating payables. The funding will support Finofo’s expansion after tripling revenue in the last 12 months. In response to a potential Canada Post strike, Finofo is launching a $29/month Small Business Plan to assist SMBs in moving money globally without friction. The platform is designed for US & Canadian businesses operating across borders.



Read more at GlobeNewswire: Calgary Fintech, Finofo Raises $3.3M to Transform