{
 "schema_version": "1.0",
 "id": "finmo",
 "name": "Finmo",
 "research_status": "researched",
 "vendor_domain": "finmo.net",
 "category": "Financial Operations",
 "task": "Paying bills & getting paid",
 "summary": "Business account and treasury platform: collect in 45+ currencies, hold 27+ and pay out to 195+ countries, with treasury management and embedded payments for larger finance teams.",
 "best_for": "startups, scale-ups and mid-market companies that collect and pay in several currencies and convert at least USD 10,000 a month on major pairs, and want one account with no monthly fee",
 "skip_if": "you need FX rates you can check on a public page before signing up, deep accounting sync, or your company is in a sanctioned or high-risk country; or your monthly conversions are small, because the 0.07% introductory margin depends on a USD 10,000 monthly minimum",
 "honest_knock": "The low FX rate is an introductory offer with strings: 12 months only, a USD 10,000 monthly conversion minimum from the fourth full month, and Singapore office hours. What you pay after that, or outside those hours, is not on a public page: Finmo says it is set per currency pair and volume at onboarding, typically 7 to 20 basis points. Treasury and Embedded are quote-only. Accounting links are limited: the Xero integration must be switched on by your account manager, and the QuickBooks integration is in beta and syncs only receivables and payables, not transactions. Finmo does not publish a country list; the licence and registration statements are Finmo's own, and we did not check them with the regulators.",
 "pricing": {
  "status": "see_details",
  "entry_price": null,
  "entry_price_terms": null,
  "from_price_usd_month": null,
  "plans": null,
  "plans_source": null,
  "notes": "(read 6 November 2026 on finmo.net/pricing and the launch promotion terms) Finmo sells three things. The Business Account is free to hold: $0 to open, $0 a month, no minimum balance and unlimited user seats at no charge. You pay per transaction instead. SWIFT payouts carry a US$5 Finmo fee per transfer on supported corridors, and conversions on supported major currency pairs include a 0.07% FX margin (7 basis points) in the rate. That 0.07% is an introductory price, and the conditions matter. It runs for 12 months from the day you complete KYB. From the fourth full calendar month after you register, you must convert at least USD 10,000 equivalent each month to keep it. It only applies to conversions made Monday to Friday, 08:00 to 17:00 Singapore time, and not to Treasury, Embedded or any API access. Finmo does not publish the margins that apply after the promotion or outside those hours; it told us on 6 November 2026 that standard margins are set by currency pair and volume, are shared at onboarding and typically fall between 7 and 20 basis points (0.07% to 0.20%). That range comes from Finmo, not from a public page, and we have not verified it. Local transfer allowances depend on the payment method and your account, and payments sent through the API are priced separately. Finmo Treasury (Finmo's line: \"Every bank account, one view of your cash\") and Finmo Embedded (\"Licensed global payments infrastructure to build on\") have no public price: Finmo says pricing combines subscription and usage fees based on your banks, volumes and integration scope.",
  "verified_at": "2026-11-06",
  "source_url": "https://www.finmo.net/pricing",
  "schema_offer": null,
  "source_quotes": [
   {
    "field": "price",
    "plan": "Finmo Business Account",
    "quote": "Account opening $0 Monthly fee $0 Minimum balance None User seats Unlimited, free",
    "source_url": "https://www.finmo.net/pricing",
    "read_on": "2026-11-06"
   }
  ],
  "recent_change": null,
  "price_history": null
 },
 "free_plan": true,
 "free_plan_evidence": "The Business Account is free to hold: $0 to open, $0 a month, no minimum balance and unlimited user seats at no charge.",
 "cost_traps": [
  {
   "id": "renewal_jump",
   "label": "Renewal price jump",
   "evidence": "That 0.07% is an introductory price, and the conditions matter.",
   "verified_at": "2026-11-06",
   "source_url": "https://www.finmo.net/pricing"
  },
  {
   "id": "addons_extra",
   "label": "Key features are paid add-ons",
   "evidence": "Local transfer allowances depend on the payment method and your account, and payments sent through the API are priced separately.",
   "verified_at": "2026-11-06",
   "source_url": "https://www.finmo.net/pricing"
  }
 ],
 "compare_with": {
  "name": "Aspire",
  "why": "another Singapore-based multi-currency business account in our dossiers. Aspire publishes its own FX schedule and a S$15 Premium plan; its Australian pricing page lists an FX rate from 0.5%, and the Australian pricing page of Airwallex lists 0.5% above interbank rates for major currencies (both read 8 November 2026). Finmo has no monthly plan at all, a 0.07% introductory margin on major pairs with the conditions above, and standard margins it told us typically fall between 0.07% and 0.20%. Compare what each charges for your actual monthly volume, currency pairs and country"
 },
 "links": {
  "record": "https://aibuildermarketplace.com/api/v1/products/finmo.json",
  "review": "https://officesoftwaremarketplace.com/finmo-review.html",
  "marketplace": "https://aibuildermarketplace.com/marketplace/finmo/",
  "vendor_site": "https://finmo.net"
 },
 "purchase": {
  "seller": "the vendor",
  "how": "AIBuilder Marketplace does not sell this software. Sign up, start a trial or buy on the vendor's site.",
  "handoff_url": "https://dashboard.finmo.net/signup?ptnr_ref=PTNRRP7X7Z1A",
  "affiliate": true,
  "disclosure": "Where purchase.affiliate is true, purchase.handoff_url is an affiliate link: AIBuilder Marketplace may earn a commission at no extra cost to the buyer. Commission never changes what a record says, and products are not ranked by commission. Where it is false the link is the vendor's plain site."
 },
 "provenance": {
  "research": "hand-researched dossier, read on the vendor's own pages",
  "researched_since": "2026-07",
  "method": "https://aibuildermarketplace.com/how-we-review/",
  "license": "CC BY 4.0. Credit 'AIBuilder Marketplace' with a link to https://aibuildermarketplace.com/atlas/.",
  "note": "A rebuild is not a new measurement: pricing.verified_at is the date that matters."
 },
 "cost": {
  "status": "not_yet",
  "engine": "https://aibuildermarketplace.com/agents/#cost",
  "rules": null,
  "growth": null
 },
 "unknowns": [
  "Pricing status is 'see_details': no single public entry price.",
  "Plan-by-plan prices are not structured in this record yet; pricing.notes has the full text.",
  "Contract terms (cancellation, data export, data location, minimum seats) are not researched as separate fields; pricing.notes mentions them only where the vendor's pricing page does.",
  "Being verified: free trial and refund terms are not yet matched to a verbatim line on the vendor's own pages. Not matched does not mean there is none.",
  "No computable price rules yet: cost at a given team size cannot be calculated for this product.",
  "Not tested hands-on by us: what the product does comes from the vendor's pages and our reading of them."
 ],
 "verification": {
  "price": "quoted",
  "free_trial": "being_verified",
  "refund": "being_verified"
 },
 "status_page": null,
 "task_evidence": null,
 "open_questions": [
  {
   "question_id": "finmo:cancellation_terms",
   "key": "cancellation_terms",
   "question": "Can a customer cancel at any time, and what happens to an annual plan that is cancelled mid-term?",
   "status": "open"
  },
  {
   "question_id": "finmo:data_export",
   "key": "data_export",
   "question": "Which data can a customer export, in which formats, on which plans?",
   "status": "open"
  },
  {
   "question_id": "finmo:data_location",
   "key": "data_location",
   "question": "Where is customer data stored, and can a customer choose the region?",
   "status": "open"
  },
  {
   "question_id": "finmo:minimum_seats",
   "key": "minimum_seats",
   "question": "Is there a minimum number of seats or users on any plan?",
   "status": "open"
  }
 ],
 "vendor_answers": [],
 "agent_channels": {
  "vendor_mcp": null,
  "agent_checkout": {
   "status": "not_checked",
   "detail": "We could not read the vendor's pages as plain HTML.",
   "checked_at": "2026-10-07",
   "method": "homepage, /pricing and the pricing page we cite, read as plain HTML (no JavaScript) and searched for explicit support of purchases by AI agents: Agentic Commerce Protocol, Instant Checkout, Agent Payments Protocol, buy in ChatGPT, agentic checkout"
  }
 }
}