Finofo: Funding, Investors & Team (Aug 2026)
Finofo is an innovative company in the finance industry that allows organizations to effectively handle their foreign currency needs and risks using one unified platform. Finofo's advanced technology empowers financial decision-makers to assess and comprehend the potential risks associated with currency fluctuations in their operations. They can also simulate various scenarios to evaluate their business's resilience, while receiving personalized recommendations on currency hedging strategies. The platform provides real-time notifications, ensuring decision-makers are promptly informed about suitable adjustments to their hedging strategies based on their specific risk objectives and real market fluctuations. Finofo strives to bring transparency, accessibility, and efficiency to cross-border payments and foreign exchange risk management.
Finofo has raised $1.3M across 1 funding round on record, the most recent a Pre-Seed of $1.3M announced in Aug 2023.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Finofo Company Profile and Key Stats
Latest funding round on record: Aug 2023.
Finofo Funding Rounds
Finofo Founders and Leadership Team
Contact details for the Finofo team: 1 of 1 has an email address on file.
Start 14-day free trial →Finofo Funding Compared to Other Financial Services Startups
Finofo's latest round of $1.3M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Finofo Funding FAQs
What does Finofo do?
Finofo is an innovative company in the finance industry that allows organizations to effectively handle their foreign currency needs and risks using one unified platform. Finofo's advanced technology empowers financial decision-makers to assess and comprehend the potential risks associated with currency fluctuations in their operations. They can also simulate various scenarios to evaluate their business's resilience, while receiving personalized recommendations on currency hedging strategies. The platform provides real-time notifications, ensuring decision-makers are promptly informed about suitable adjustments to their hedging strategies based on their specific risk objectives and real market fluctuations. Finofo strives to bring transparency, accessibility, and efficiency to cross-border payments and foreign exchange risk management.
How much funding has Finofo raised?
Finofo has raised $1.3M across 1 round on record. The most recent is a Pre-Seed of $1.3M announced in Aug 2023.
When did Finofo last raise funding?
Finofo's most recent funding round on record is a Pre-Seed of $1.3M, announced in Aug 2023.
Who is the CEO of Finofo?
Prateek Sodhi is listed as CEO at Finofo.
Where is Finofo headquartered?
Finofo is based in Calgary, Alberta, Canada.
How many employees does Finofo have?
Finofo is in the 1-10 employee band.
How does Finofo's funding compare to other Financial Services startups?
Finofo's latest round of $1.3M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Finofo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Finofo is left off this page rather than filled in.
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