Pemo

Pemo is an all-in-one spend management platform built for SMEs in the MENA region, offering smart corporate cards, automated expense tracking, receipt collection, AI-powered accounting reconciliation, and invoice payment in a single platform. Designed for businesses in the UAE and Saudi Arabia, Pemo enables finance teams to issue physical and virtual cards, enforce spending policies, and sync transactions directly with accounting tools like Zoho. Founded in 2022 by serial entrepreneurs and alumni of Rocket Internet and Google, the company raised a $12M seed round led by Cherry Ventures with participation from Shorooq Partners, Speedinvest, and BY Venture Partners, and has grown to serve businesses across the UAE, Saudi Arabia, and Egypt.