Osome has secured $3m in investment

From: RegTech Analyst

RegTech and accounting app Osome has netted $3m in a new funding round.

It will use the new capital, invested by XA Network and AltaIR Capital, to leverage the growing digitalisation brought on by the Covid-19 pandemic.

“We are pleased that Osome has closed this new round of funding; this injection of funding will lend impetus to the company’s growth,” said Victor Lysenko, founder and CEO of Osome, in a statement seen by Crowdfund Insider.

Edwin Low, director of innovation and tech ecosystem at the Infocomm Media Development Authority of Singapore, added, “This will increasingly help Osome to continue to innovate the automation process for corporate services, thus increasing the efficiency of how SMEs operate in today’s post-Covid norms.”

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.