Osome, a Singapore-based provider of an accounting and corporate compliance app, raised US$3m in funding.
The round was led by XA Network and AltaIR Capital.
The company intends to use the funds to continue to further invest in engineering, product development, and marketing across the markets that it is present in — Singapore, Hong Kong, and the United Kingdom..
Led by Victor Lysenko, founder and CEO, Osome uses AI and ML techniques combined with human experts to provide entrepreneurs with online accounting services, especially those involved with E-commerce.There is also a comprehensive range of services like business registration, corporate secretary services, and payroll management.
More than 4100 companies across the UK, Singapore and Hong Kong already use Osome on a daily basis.
In 2018, the company had raised US$2m in funding.
FinSMEs
05/11/2020