Pemo enables businesses to streamline their financial operations with solutions, including expense management, corporate cards, accounting automation, and invoice payments. It serves over 5,000 companies, including Mövenpick, Condé Nast, Anantara Hotels & Resorts, and Talabat. Transactions on Pemo cards have increased six times in 2024 compared to the previous year, reaching an annualized volume of $380 million by the end of 2024. In November 2024, the company raised $7 million in funding, co-led by Shorooq and Augmentum FinTech, bringing its total funding to $19 million.