Global businesses can collect, hold, convert and pay across currencies on Finmo's own licences. Finmo Treasury users can now move funds in real time from the same platform that manages their global cash position and forecast.
SINGAPORE, Nov. 4, 2026 /PRNewswire/ -- Finmo, the treasury operating system for global businesses, today announced the launch of the Finmo Business Account, a multi-currency account for small and medium-sized enterprises (SMEs) that operate across borders. Businesses receive local account details in their own name to collect funds in more than 45 currencies, hold more than 27 currencies and make payments to more than 195 countries and territories. Finmo provides every collection, conversion and payment directly, under its own licences and through its payments partner network.
The Business Account also extends Finmo Treasury. Treasury users already see their cash position and forecasts across every entity and bank. Now they can also move funds in multiple currencies in real time, from the same platform.
SMEs that transact internationally often hold accounts with several providers. They decide whether to convert, hold or pay with only part of the picture. Many keep larger idle balances than they need, or convert funds they later need back.
"Businesses have usually had to choose between a provider that moves their money and software that shows them where it is," said David Hanna, Co-Founder and CEO of Finmo. "Because Finmo holds the licences and partnerships to move money itself, the Business Account closes that gap. A company can see its position and act on it in one place, on infrastructure we operate."
What the Business Account offers SMEs
- Get paid like a local: local account details in the company's own name, so customers pay in their own currency.
- Convert on your terms: no forced conversion. Businesses convert only when they choose.
- See the cost first: fees and exchange rates are shown before every conversion and payment.
- Pay globally: bulk payouts, bill payments and scheduled transfers.
- Keep the books in sync: transactions synchronise with leading ERP and accounting platforms.
- Put surplus cash to work: money market funds.
- Built for teams: unlimited users, with approvals for the people who move money.
Licensed money movement, operated by Finmo
Finmo is the licensed provider behind the Business Account; the account doesn't run on another company's platform. Finmo holds 11 licences and regulatory permissions across eight markets, including a Major Payment Institution licence from the Monetary Authority of Singapore. Businesses move more than US$1 billion through Finmo every month.
A module within Finmo Treasury
For businesses that also use Finmo Treasury, the Business Account works seamlessly across the platform. Finmo Treasury consolidates balances across a company's entities and its accounts at other banks into a single cash position, provides a 13-week cash flow forecast, and monitors cash balances to proactively manage counterparty exposure, FX risk, and minimum balances. With the Business Account in the same platform, a finance team that spots idle cash, a funding gap or a currency it should convert can carry out the conversion or payment without leaving Finmo. MO AI, Finmo's built-in AI agent, is rapidly evolving to bring greater intelligence, strategy management, and execution continuity to users.
"Treasury platforms have long been good at showing companies their cash, but they have depended on banks to act on it," Hanna added. "We spent years securing licences across eight markets so Finmo could do both. With the Business Account, licensed money movement now sits inside a treasury platform, and that is central to where we are taking the company."
Availability
Global businesses can apply online for a Finmo Business Account. Singapore-incorporated companies can apply online through MyInfo Business using Corppass and Singpass.
To mark the launch, new customers who register here with the code FINMOBA26 can receive up to US $100 in cashback. Terms and conditions apply.
Finmo will demonstrate the Finmo Business Account and Finmo Treasury at Singapore FinTech Festival 2026, 18 to 20 November, at booth 3L19 in Hall 3.
About Finmo
Finmo is a global fintech company transforming how modern finance teams manage cash, payments and treasury operations.
Founded in Singapore in 2020, Finmo's next-generation treasury operating system connects financial data, intelligence and global money movement within a single platform, giving finance teams greater visibility and control over their cash, liquidity, payments and FX.
Finmo holds 11 licences and regulatory permissions across key markets including Singapore, Australia, Hong Kong SAR, the United Arab Emirates, the United Kingdom, New Zealand, Canada and the United States.
Finmo is backed by PayPal Ventures, Citi Ventures and Quona Capital and operates across key markets in Asia Pacific, Europe, the Middle East and North America.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Finmo launches Business Account for cross-border SMEs, adding licensed multi-currency money movement to Finmo Treasury
MILAN, Nov. 4, 2026 /PRNewswire/ -- Segway Powersports unveiled its Model Year 2027 (MY27) lineup and next-generation iFUN 2.0 connected system at EICMA 2026. Alongside upgraded ATVs, a flagship two-row UTV and new connected technologies, the company outlined plans to expand its global dealer and service networks.
AT6 Pro: More Power, Sharper Control
The MY27 AT6 Pro is a key performance model in the lineup. Powertrain and handling improvements give riders more power and greater control. Its 606cc engine, paired with a CVTech transmission, now produces 49 hp. Overall powertrain performance has improved by approximately 15%. To help riders harness that power, electronic throttle control and selectable riding modes allow them to tailor power delivery to changing terrain.
AT10: Flagship Power and Performance
Built for powerful acceleration and demanding off-road rides, the MY27 AT10 is Segway Powersports' flagship ATV. Its in-house-developed 999cc parallel-twin DOHC engine produces 97 hp and 92 N•m of torque, powering the vehicle from 0 to 100 km/h in eight seconds. Precise valve control supports strong performance at high engine speeds, while the engine's low-vibration design helps keep longer rides comfortable. The AT10 also features iFUN2.0 for a more connected riding experience.
UT10 Crew Pro: All-Weather Comfort, Every Adventure
The UT10 Crew Pro is Segway Powersports' flagship two-row UTV. Its fully enclosed cabin combines automotive-grade sealing with double-layer door seals to help keep dust, moisture and outside noise at bay. Inside, a heating, ventilation and air conditioning (HVAC) system keeps the cabin comfortable. Whether working outdoors or exploring trails with family and friends, drivers and passengers can enjoy a comfortable ride. Steering-wheel controls and iFUN 2.0 put vehicle functions within easy reach.
SX20T: Putting Performance to the Test
Powered by a 2.0-liter turbocharged engine producing 235 hp, the SX20T is a high-performance sport side-by-side. The model's racing potential was put to the test in multiple competitions worldwide.
In 2026, the SX20T made its debut at two major U.S. off-road races: King of the Hammers in February and the Mint 400 in March, finishing third in its group at the latter. In May, it placed second in the T3-N class on the SS2 stage of South America's Desafío Ruta 40, a rally known for its demanding terrain. In Europe, it secured a third-place finish in the SSV category at Portugal's Baja Portalegre 500 in October.
At an EICMA ceremony, Segway Powersports also announced its first-ever brand ambassadors: André Rodrigues, Mathias Bellino, Richard Mosna, Nikola Vujnović and Lycett Dayne Christopher. Their experience racing Segway ATVs and SSVs at events worldwide showcases the brand's off-road expertise and vehicle performance.
iFUN 2.0: A Smarter, More Connected Ride
Developed in-house, iFUN 2.0 brings together six core technologies to simplify vehicle access and control, from preparing for a ride to navigating the trail.
Before setting off, riders can check vehicle information through smartphone connectivity and access the vehicle without a physical key using keyless entry. Digital-key sharing lets owners extend that access to family members or riding partners.
On the trail, transparent chassis technology reveals the ground beneath the vehicle, helping riders spot obstacles and navigate uneven terrain. Voice control and fingertip controls keep vehicle functions easy to operate, while Bluetooth intercom support lets two riders stay in touch through their helmets.
Both the AT10 and UT10 Crew Pro are equipped with iFUN 2.0.
Strengthening Global Reach
Segway Powersports' global sales network spans more than 65 countries and regions, with over 1,300 retail locations and flagship stores in markets including Spain, Saudi Arabia and Argentina. Building on this presence, the company plans to expand its dealer and service networks to better support customers and dealers worldwide.
At EICMA, Segway Powersports will host its biennial global dealer summit, bringing together dealers and distribution partners from around the world to strengthen partnerships and explore new opportunities for growth.
The refreshed lineup, in-house-developed technologies and global growth goals reflect Segway Powersports' commitment to enhancing performance, pushing boundaries and inspiring exploration. Together, they embody the brand's "Fear No Place" philosophy and empower riders to go further and conquer new terrain.
Beyond performance, Segway Powersports is also forging a distinct visual identity anchored by Rider Red——its signature color-paired with the dedicated Segway Powersports logo. Consistently applied across vehicle designs and brand materials, the color creates a bold, instantly recognizable brand presence.
About Segway Powersports
Segway Powersports is Segway's professional-grade, high-performance powersports line for global markets. Its vehicles combine power, strong torque, durability and responsive handling for diverse and demanding terrain. The brand operates in more than 65 countries and regions, with over 1,300 retail locations and flagship stores in markets including Spain, Saudi Arabia and Argentina.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Segway Powersports Unveils MY27 Lineup and iFUN 2.0 at EICMA 2026, Outlines Global Growth Plans
Segway Powersports Unveils MY27 Lineup and iFUN 2.0 at EICMA 2026, Outlines Global Growth Plans
Segway Powersports Unveils MY27 Lineup and iFUN 2.0 at EICMA 2026, Outlines Global Growth Plans
