DUBAI, United Arab Emirates--(BUSINESS WIRE)--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. In addition, the round included private investment from prominent business angels, including unicorn founders of companies such as Nium, Payhawk, Qonto, Billie. The Pemo platform is tailored to the requirements of SMEs in emerging markets and has begun onboarding its first batch of UAE-based companies. Following its UAE launch, Pemo is looking to establish operations in Saudi Arabia by the end of 2022.

Source: The North Africa Journal May 26, 2022 02:54 UTC