a year ago
Mimo Secures £15.5 Million to Simplify Financial Management for SMEs
UK-based SME financial management platform, Mimo, has raised £15.5 million in a seed funding round led by Northzone
The company offers a suite of tools to simplify cashflow management for SMEs by consolidating various financial tasks into a single platform
The funding will be used to fuel product development and expand the company's reach.
ProblemFinancial Services
"SMEs struggle with fragmented and complex financial management due to the abundance of single-purpose software tools."
Solution
"Mimo offers a single, unified platform that bundles various financial tasks, simplifying cashflow management for SMEs."