Layoff
Jun 2025Summit, formerly Spenmo, laid off roughly one-third of staff; Fintech Singapore reported 24 cuts out of a 64-person team across Singapore, Indonesia, and India after a strategic refocus.
SourceA spend management software that provides businesses visibility,…
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Overview
Summit is the current Singapore-based brand of former Spenmo: an AI-powered spend management platform for AP automation, employee expense claims, vendor invoice processing, and corporate card reconciliation for SMEs and mid-market finance teams in Singapore and APAC.
Primary product
AI-powered spend management platform for employee expense management, vendor invoice management, and corporate card management
Founded
2024
Headquarters
36 Carpenter Street, #02-01 Carpenter Haus, Singapore 059915
Team size
11-50
Industry
Software Development
Sub-industry
Business spend management / accounts payable automation
Offices
36 Carpenter Street, #02-01 Carpenter Haus, Singapore 059915
Open Positions
0 jobs at Spenmo
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