wamo

wamo provides a digital business account platform designed for cross-border European SMEs, offering multi-currency payments, expense management, and POS integration. The platform enables businesses to send and receive payments in 22 currencies with competitive FX rates, create virtual and physical Visa debit cards with real-time spend tracking and category limits, and accept in-person payments through POS terminals with low fees. Additional features include bulk transfers, invoicing, and Xero accounting integration. wamo is authorized by the Finnish Financial Supervisory Authority (FIN-FSA) as a licensed e-money institution, complying with EU regulations on AML, CTF, and data privacy. The platform serves over 13,000 customers across Europe, including start-ups, scale-ups, enterprises, sole traders, and cross-border operators, with account setup completed in as little as 10 minutes. Founded in 2018 and headquartered in London, United Kingdom, wamo has raised approximately $19.7 million in Series A funding from investors including Re-Pie, Logo Ventures, Finberg, 3TS Capital Partners, Oleka Capital, Techmine, and NEXT VENTURES.