Latest news with #MOAI
Korea Herald
08-07-2025
- Business
- Korea Herald
Treasury and Payments Platform Finmo Secures UK EMI Licence, Expands Global Footprint
LONDON and SINGAPORE, July 8, 2025 /PRNewswire/ -- Fast-growing fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Electronic Money Institution (EMI). This strategic milestone marks a major step in Finmo's global expansion as it establishes the United Kingdom as a core operational hub for its next-generation, integrated treasury and payments platform. With the EMI licence, Finmo is now authorised to issue electronic money and offer a range of payment services in the UK, including account issuance, domestic and cross-border fund transfers, and foreign exchange transactions. The licence also enables Finmo to issue IBANs, hold safeguarded client funds locally, and integrate directly with UK clearing systems such as Faster Payments and Clearing House Automated Payment System. David Hanna, CEO and Co-founder of Finmo said, "Securing our EMI licence in the UK signals more than just regulatory approval, it's a commitment to serving clients in one of the world's most advanced financial ecosystems. From fintechs to mid-sized global companies we're here to empower modern finance and payment teams with greater control, visibility, and confidence in their global treasury operations." Finmo was founded in 2021 by David Hanna, Akhil Nigam, Richard Oh, Raj Vimal Chopra, and Thomas Kang - financial technology veterans with decades of collective experience across corporate treasury, global banking, payments, and compliance. Finmo's entry into the UK market is part of its hub-and-spoke expansion strategy, designed to serve clients across multiple regions from key regulatory jurisdictions. The licence also supports Finmo's plans to scale embedded finance solutions and deepen partnerships with capital market providers for liquidity and FX risk management. Immediate rollouts under the EMI licence include the launch of GBP-denominated accounts, and Faster Payments access for eligible clients. Finmo is also expanding its UK-based compliance and operations team to support these efforts. This move enhances Finmo's ability to serve UK-headquartered mid-market enterprises, international businesses with cross-border operations, and companies with complex financial requirements looking for regulated, high-performance treasury infrastructure. The company recently launched MO AI, a conversational assistant embedded directly within its intelligent treasury platform. Built for CFOs, controllers, and finance teams, MO AI transforms fragmented, multi-entity workflows into a unified, real-time experience, enabling users to retrieve balances, analyse payments, initiate transactions, and generate reports using command-based prompts. About Finmo Finmo is a global financial technology company transforming the way modern finance teams manage treasury and payments. The company was founded in 2021 by David Hanna, Akhil Nigam, Richard Oh, Raj Vimal Chopra, and Thomas Kang - financial technology veterans with decades of collective experience across corporate treasury, global banking, payments, and compliance. Its intelligent platform integrates payments, FX risk mitigation, liquidity and cash management, and financial system connectivity into a single, secure solution - providing real-time visibility, control, and operational efficiency across global financial workflows. Trusted by fintechs and mid-sized global companies, Finmo holds regulatory approvals in key jurisdictions including Singapore, Australia, New Zealand, Canada, the United States, and the United Kingdom. The company is committed to building a faster, smarter, and more resilient financial infrastructure for the digital economy.
Yahoo
19-06-2025
- Business
- Yahoo
Singapore Fintech Finmo Launches MO AI, a Conversational Co-Pilot for Global Finance Teams
SINGAPORE, June 19, 2025 /PRNewswire/ -- Finmo, the treasury operating system for global finance teams, recently announced the launch of MO AI, a conversational assistant embedded directly within its intelligent treasury platform. Purpose-built for CFOs, controllers, and finance teams, MO AI streamlines global treasury operations, making real-time cash management, forecasting, compliance, and reporting much faster and more accurate across global operations. MO AI enables finance professionals to handle complex, multi-entity, multi-currency workflows using simple, natural language. From retrieving account balances and initiating transactions to analysing cross-border payments and generating reports, MO AI delivers instant, contextual responses, transforming fragmented workflows into a unified, real-time experience. David Hanna, CEO, Finmo said, "MO AI reflects the kind of meaningful innovation we aim for at Finmo - solving real-life treasury challenges with intelligent, usable tech. Our team has combined automation, AI, and deep financial insight to deliver tools that empower finance professionals to operate more strategically." At the core of MO AI is a custom-built architecture that goes beyond traditional AI assistants. It combines real-time data integration, contextual financial understanding, and action execution via Finmo's proprietary Model Context Protocol. This foundation enables MO AI to interpret finance-specific language, support enterprise-grade authorisation flows, and securely execute transactions with full traceability. Raj Vimal Chopra, Co-founder & Chief Technology Officer, Finmo said "We built MO AI as a domain-specific AI system to tackle the operational complexities of global treasury management. By fusing generative AI, advanced large language models (LLMs), and Finmo's high-fidelity treasury infrastructure, MO delivers deep intelligence with real-world utility. It understands treasury nuances, enforces strict access controls, and executes real-time actions with full auditability, ensuring security, compliance, and explainability at every step" Unlike generic AI applications, MO AI was trained on years of real financial transaction data and decision-making patterns. Its foundation blends generative AI with domain-specific intelligence to respond to the pace and precision finance teams require. Akhil Nigam, Co-founder & Chief Product Officer, Finmo said "We build products to solve real treasury problems. MO AI has been designed to think like a CFO function. It's built to understand the urgency, structure, and decision logic behind every action. Our goal was to move beyond automation and create an intelligent partner; one that helps finance teams shift from reactive to proactive execution." Finmo sees MO AI as a foundational leap toward a new era of intelligent finance. The roadmap includes predictive capabilities aligned with market conditions, complete workflow automation, integrations across the financial tech stack, and adaptive learning tailored to individual user roles. By shifting from static reporting to intelligent decision-making, MO AI positions finance teams to lead strategically in a dynamic, global economy. View original content: SOURCE Finmo Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
22-04-2025
- Entertainment
- The Hindu
MOAI in Hyderabad is a beauty cast in stone
Once inside MOAI, located in Hyderabad's Financial District, make sure you mind your steps. You do not want to smell fishy after walking inside the Koi pond! The 24,000-square-feet restobar's interior design includes a Koi pond with a stone pathway near the entrance. The interior is dominated by boulder cut stone walls, murals with metal and house plants. MOAI can seat 400 people and is an ode to the elements, a space where fire, stone and water all come together. Moai statues of Easter Island form an integral part of the space. Aesthetically, it can easily distract diners with thoughts about right spots for photographs. The open-air space with tropical landscapes incorporates quarry-cut stone walls and natural granite flooring. The towering 15-foot Moai sculptures is the venue's other show stopper. Sashidhar Kasi, one of the founders of MOAI, says about the food and design, 'MOAI's culinary philosophy is built on purity, depth of flavour, and respect for Nature's finest ingredients — reimagined for the modern palate. Presentation is supreme; menu is globally inspired but still very local. We also take great pride in our cocktails programme. It is crafted by mixologists Claudio Caprio and Saurav Samanta.' He adds that MOAI is built on the idea that great dining is not just about food and drink, it is about an experience that stays with diners. 'We wanted to create a space that feels timeless yet fresh, where guests can gather, explore, and immerse themselves in something truly special.' The menu is designed by Michelin-trained chef Mohib Farooqui, whose approach to food is both primal and refined. The chef is popular for blending tradition with innovation, crafting dishes that are deeply rooted yet refreshingly modern. For instance, when you order the khichdi khatta keema (KKK) you don't get anything that looks like the khichi-khatta-keema combo. Crumb fried rice balls stuffed with keema served with a squirt of tamarind reduction. Bite into it and you realise it is bite-sized khichdi khatta keema with a crunch. While I waited for KKK, I relished a crab stick and avocado salad. A smooth buttery creamy salad from avocado and generous topping of edamame beans. Strictly not meant for those who do not appreciate Asian fishy flavours. That's not all. Like a true local, I went ahead and ordered dum ka keema. It was Dum ka Keema 2.0 — a spicy, smoked goat pate, Zarai cheese, served with milk pav. Turns out the 2.0 version is more like a galouti kebab with a bold flavour of spice powder and kewra. Other signature creations include char-grilled baby chicken — a combination of corn-fed spring chicken, shio koji, sesame, and barberries. Instead, I wanted to try the lamb chops. I instantly regretted since it was undercooked and spoilt my taste. Having tasted Mohib's earlier, I skipped the other signatures like Muhamarra and feta, served with a pomegranate waffle and went for Asian starters such as cream cheese dumpling, Korean potato dumplings (potato version of tteokbokki), chewy, spicy and hot. The dessert menu includes popular picks such as the Gajar Halwa 2.0 — a reimagined classic with a carrot pudding and smoked cardamom cream cheese. Then there is Maamoul cheese cake, which I tried — it is made with key lime liquid, cheesecake, medjool dates, 'maamoul' shortbread and pecan nuts. You will feel cruel as you disintegrate the presentation for the right flavours in every spoonful. It is like destroying an artiste's art to visualise it differently.
