Jo-ann Chung, a seasoned technology executive with more than 20 years of experience in the financial services industry has joined Singapore-based spend management startup, Spenmo, as its Chief Product Officer. In her new role, Jo-ann will lead the company’s product, design and partnership areas to help customers gain better control in managing their business expenses while reducing admin overhead.
"Moving to Singapore from Australia was a big decision for me; however, meeting the leadership team helped make that decision easy. I was impressed by how passionately everyone on the team works to provide great solutions for our customers. I was also touched by the warm welcome from everyone at Spenmo, which demonstrates what a great culture we have here." says Jo-ann.
In her former role as Chief Product Officer at WLTH she led the strategy, design, and development for consumer lending and business payments experience.
Before that, Jo-ann held a leadership position at MYOB, an Australia-based business management platform. She was responsible for product strategy and development of the company's financial services solution spanning Payments, Loyalty, Term Loans, and Invoice Finance.
In addition to being the Responsible Manager on MYOB’s Financial Services License, Jo-Ann was responsible for leading the development of MYOB’s AML Compliance Program and MYOB’s registration as a Reporting Entity with AUSTRAC.
Jo-ann's broad experience across a wide range of Consumer and Business Banking solutions, combined with her passion for making life simpler for customers, has allowed her to deliver multi-million-dollar revenue growth by building new businesses, securing customer loyalty and forging strong relationships with external partners.
"We are thrilled to have Jo-ann join our team and look forward to seeing what she can do with Spenmo. Her vast experience across accounting software, banking, and financial services will be invaluable as we work towards enhancing our platform usability, developing deeper integrations to reduce the work of our customers, and building software that is trusted by businesses in Asia," says Spenmo CEO, Mohandass Kalaichelvan.
Spenmo is an integrated spend management platform for business users. Spenmo provides services that include but are not limited to card-based payment instruments, fund transfers, expense reimbursements, invoice payments, and other business activities. The Singapore-based company recently raised Series A funding worth $34 million. Led by Insight Partners, participants of the funding include Addition, Salesforce Ventures, Alpha JWC, Global Founders’ Capital, Broadhaven, Operator Partners and Commerce Ventures. Currently operating in Singapore, the Philippines and Indonesia, Spenmo has raised a total of $36 million.
Jo-Ann is a dynamic Product Strategist with over 20 year’s experience in the Financial Services industry. Throughout her career, Jo-Ann has worked for Tier 1 and Tier 2 banks and delivered banking innovation for Tech organisations such as Oracle and MYOB. She moved to Singapore from Australia and now leads Spenmo’s product as its Chief Product Officer.