Auptimate and Finmo: Accelerating SPV Operations with Integrated Treasury Solutions
Learn how Auptimate and Finmo’s partnership accelerates SPV operations with reduced KYC, faster payment account creation, and enhanced financial visibility.
A Game-Changing Collaboration
Auptimate’s mission to streamline SPV (Special Purpose Vehicle) formation and management has always centred on efficiency, transparency, and user-friendly solutions. Recognising the need for an even faster and more seamless financial process, Auptimate partnered with www.finmo.net to integrate advanced treasury capabilities through Finmo’s next-generation Treasury Operating System (TOS), built on real-time payment rails. This collaboration marked a pivotal step in enhancing the SPV journey for startups, syndicate leads, and investors.
The Need to Improve Efficiency in SPV Cash Management
Before the partnership with Finmo, Auptimate relied on Aspire for financial services, which, while effective, had limitations:
- Lengthy Setup Times: Account setup took up to five business days—or longer in complex cases—delaying critical fundraising activities.
- Duplicate KYC Processes: Syndicate leads and SPV operators faced additional Know Your Customer (KYC) checks, increasing administrative burdens.
- Limited Financial Visibility: Real-time updates on fund movements were unavailable, leaving the portal with little information about transaction status.
Transformative Collaboration: Finmo and Auptimate in Action
By integrating Finmo’s treasury capabilities, Auptimate has streamlined the SPV process from formation to financial operations. As a MAS-licensed payment service provider, Finmo fully complies with Singapore’s regulatory standards while delivering secure and efficient payment solutions for SPVs. This partnership redefines the SPV experience, addressing key pain points with seamless operations and enhanced efficiency.
Key Improvements:
1. Faster Payment Account Setup
Finmo drastically reduced account opening timelines. SPV digital wallets are now opened in as little as one day, compared to the previous five-day or more extended process. Even in complex setups, the current process ensures completion within three working days.
2. Elimination of Duplicate KYC
Finmo’s integrated solution manages all required KYC processes within Auptimate’s platform. This streamlines onboarding, saving SPV operators and investors time and effort.
3. Real-Time Financial Data
With the current partnership, the Auptimate portal provides real-time updates on fund movements. Users can track payments and fundraising progress directly, ensuring transparency and trust.
Tangible Benefits: Enhancing Auptimate’s SPV Experience
- Time Saved: Financial account creation time dropped from up to five days to as little as one day, accelerating fundraising and investment timelines.
- Reduced Complexity: By eliminating redundant KYC checks, syndicate leads and SPV operators experienced a smoother setup process.
- Enhanced Transparency: Real-time financial tracking gives users greater visibility and control over their investments.
This improved process has allowed startups and investors to allocate more time to scaling their ventures and less to managing administrative tasks.
Real-World Benefits of Finmo Integration
One notable example is when an SPV was granted its payment account in less than six hours. Over the past months, SPVs’ payment accounts have consistently been set up within one to three working days.
Transform Your SPV Journey with Auptimate’s Optimised Solutions
At Auptimate, we are committed to redefining how SPVs operate by removing bottlenecks and empowering founders, syndicate leads, and investors with streamlined tools and transparent processes. Integrating Finmo’s treasury expertise into our platform enhances every step of your SPV journey—from faster digital payment account setups to real-time fund tracking.
Whether you are navigating an angel investment or managing local fundraising, our partnership delivers a tailored solution to simplify your financial workflows.
Form Your SPV with Ease and Efficiency
Ready to experience seamless SPV formation and management? Book a call today to learn how Auptimate and Finmo can help you scale faster, reduce complexities, and focus on what truly matters—growing your venture.
