Pemo news and trends

Pemo Adds Smart Cards to Spend Management Platform for UAE SMBs 
Spend Management // August 23, 2022

Pemo has added physical and virtual Visa payment cards to its all-in-one spend management solution for small to medium-sized businesses (SMBs) in the United Arab Emirates (UAE), and plans to make the full platform available in Saudi Arabia, Egypt and Pakistan in the next 18...

Today in B2B: Embedded Finance Gaining Popularity; Nakad Raises $7M in Seed Funding
B2B Payments // May 26, 2022

Today in B2B payments, Pemo launches an all-in-one spend management platform, while Westpac and 10x launch a transaction banking platform. Plus, JABU gets $15 million for Namibia B2B eCommerce and new Fundbox Flex Visa helps SMBs manage their spending and access working capital. 10x, Westpac...

UAE-Based FinTech Pemo Debuts Spend Management Platform
Spend Management // May 25, 2022

United Arab Emirates FinTech startup Pemo has debuted an all-in-one spend management platform, a press release said Wednesday (May 25). Pemo’s platform offers invoice payment and expense management services along with corporate cards for small- and midsized businesses (SMBs). Pemo’s platform has started onboarding its...

EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
International // May 18, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting authorized push payment (APP) fraud. Plus, Dubai-based FinTech Pemo lands $12 million in seed funding, African health startup CarePoint raises...

Quick Reads
Dubai-Based FinTech Pemo Snags $12M in Seed Funding

May 18, 2022
Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion across the Middle East and North Africa, according to a Magnitt report Wednesday (May 18). Cherry Ventures and Shorooq Partners co-led Pemo’s seed round, with participation from FinTech Collective, Speedinvest, BY Venture Partners, […]