Tiger Global led a $85m Series B round in Spenmo.

Tiger Global, a New York-based investment firm, led a $85m Series B round in Spenmo, an all-in-one payables software that provides businesses the visibility, comfort, and control over how, when and why money is leaving the company, with participation from Insight Partners. "Finance and accounts payables in particular have always been thought of as back-office functions that don't deserve any attention - we think otherwise. We are excited to be building a magical payables experience that gives back 10bn man-hours annually to finance teams across the region," Mohandass Kalaichelvan, Spenmo CEO and Founder.