[Updated] SG's Spenmo said to be negotiating down round with investors

[Updated] SG's Spenmo said to be negotiating down round with investors

Editor’s note: The story has been updated with Spenmo’s statement on LinkedIn. 

Singapore-based spend management software firm Spenmo is negotiating a down round less than a year after closing its Series B fundraise led by Tiger Global, sources privy to the matter told DealStreetAsia.

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