- 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
- Osome uses AI and ML techniques combined with human experts to provide entrepreneurs with online accounting services
- 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