Spenmo has clinched one of Singapore’s largest Series A rounds to date, positioning the company to build a magical payables experience in Southeast...
Spenmo Expands Leadership Team With Appointment of First CRO, Kevin Fitzgerald To Fuel Next Stage Of Growth
Spenmo, a Singapore-based payables software startup, today announced the appointment of Kevin Fitzgerald as the company’s first Chief Revenue Officer (CRO).
”Kevin is an Accountant by trade. He’s spent many years gaining a deep understanding of Accountants workflows and helping SMEs streamline their processes with technology, making him one of the most recognised leaders of finance digitisation for businesses in APAC. We believe his stellar track record and leadership experience will help us scale our team, customers, partners and brand,” said Mohandass Kalaichelvan, CEO and Founder of Spenmo.
Kevin brings more than 20 years of experience in the Accounting and Financial Services industries to the new role at Spenmo. During his six and half year tenure at Xero, Kevin successfully drove Xero’s growth in the region to become Southeast Asia’s leading Cloud Accounting platform, building a high performing team and leading the company to become “Innovator of the Year” for the Accounting Technology category in the Singapore Business Review Management Excellence Awards 2021.
“When I got the chance to meet Mohandass and the leadership team, I was blown away by their drive, how they spoke about their teams and I felt I could fit really well into that environment and contribute to it. The Spenmo offering is the next obvious stage of digitisation for SME’s” said Kevin.
Furthermore, Mohandass explained Kevin’s expertise will also further Spenmo’s mission in supporting SMEs’ digital finance transformation. Given the natural expansion of cloud finance software into accounts payable, Spenmo will play a crucial role in this particular stage.
“We believe that after businesses bring their accounting to the cloud, the subsequent step is to manage their accounts payables. Kevin has helped thousands of businesses move their accounting to the cloud, and now he’ll be guiding them in the next step of modernising finance teams,” Mohandass concluded.
For more information about Spenmo: https://spenmo.com/
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. Recently, the Singapore-based company just 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, Philippines and Indonesia, Spenmo has now raised a total of $36 million.
About Kevin Fitzgerald
Kevin’s globetrotting career started in Dublin, Ireland where he worked for Moran and Partners as an Audit Manager. Since then, he has taken up various roles from Hedge Fund Supervisor to Recruitment Consultant and Sales Manager in three different countries, UK, Australia and Singapore. Today, he heads Spenmo’s growth team as Chief Revenue Officer after 4 years of building Xero Asia as Managing Director.