Wamo
London, GB · Founded 2021 · 128 employees on LinkedIn · 2 known investors
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wamo provides a digital business account for companies of various sizes, offering multi-currency payments in 22 currencies, bulk and team payouts, Visa debit cards, and expense management with accounting integrations. It is a licensed e-money institution serving registered businesses across the European Economic Area and the UK.
Also known as wamo
Founders & leadership
Wamo was founded in 2021 by Yanki Onen.
Investors · 2
Company profile
researched Aug 2026wamo provides a digital business account aimed at small and medium-sized enterprises in Europe, combining payment, card and expense-management tools in a single app. Core functionality includes sending and receiving payments in 22 currencies, virtual and physical Visa debit cards for team members, card limits and category locks, real-time spend notifications and account insights, and a real-time spend tracker for monitoring company expenses.
The company also offers a point-of-sale terminal that integrates with the wamo business account for in-person card acceptance, with settlement described as arriving in the account the following morning. wamo positions itself around competitive FX rates, POS integration and human customer support, and states that it is authorised by the Finnish Financial Supervisory Authority and compliant with EU data privacy rules.
Business model
wamo supplies business account, card, foreign-exchange and card-acceptance services to registered businesses; the public site highlights low POS fees and competitive FX rates alongside account and card issuance.
Traction
The website cites more than 13,000 customers in Europe and features named customer testimonials from Italian businesses including L2MS SRLS, Terme di Bognanco and Hotel il Gelso Bianco.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positions itself as an alternative to traditional banks for European SMEs, contrasting its next-day POS settlement and account tooling with slower bank settlement timelines.
The site emphasises integrated POS acceptance with next-morning settlement, payments in 22 currencies with competitive FX rates, granular team card controls, and access to local human support.
Technology
A mobile and web business account platform providing multi-currency payment rails, virtual and physical Visa debit card issuance with programmable limits and category restrictions, real-time transaction notifications, and integration with wamo POS terminals.
Go-to-market
Small and medium-sized businesses in Europe, including hospitality and services operators such as hotels, spas and small limited companies, that need business accounts, team cards and in-person payment acceptance.
Geography
Europe-focused, with customers cited in Italy; regulatory authorisation is held from the Finnish Financial Supervisory Authority.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
▸Research sources · 1
primary sources listed
- Wamowamo.io · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Wamo do?
- wamo offers European SMEs a digital business account with multi-currency payments, Visa debit cards, POS terminals and spend controls.
- Who founded Wamo?
- Wamo was founded by Yanki Onen in 2021.
- Who are Wamo's investors?
- Wamo's investors include Metis Ventures, Techmine Gsyo.
- Where is Wamo headquartered?
- Wamo is headquartered in London, GB.