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Singapore-based financial admin startup Osome raises $25m

Company digitizes accounting and compliance services for SMEs

Osome is looking to use its fresh funds to expand its operations across Singapore and Hong Kong. (Source image from Osome website)

SINGAPORE -- Singapore-based financial administration startup Osome said on Tuesday that it has raised $25 million in a Series B funding round.

Illuminate Financial, AFG Partners and Winter Capital participated in the round, which follows Osome's recent digital banking partnership with Singapore bank Oversea-Chinese Banking Corporation. The fresh funds bring the total amount raised by the company to date to $51 million.

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