Draft:Osome
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Submission declined on 29 May 2026 by ChrysGalley (talk). This draft appears to contain text generated by a large language model (such as ChatGPT). You cannot use LLMs to generate article content.
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Declined by ChrysGalley 2 months ago.Wikipedia articles must be written neutrally in a formal, impersonal, and dispassionate way. They should not read like a blog post, advertisement, or fan page. Rewrite the draft to remove:
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Osome
| Type | Private |
|---|---|
| Industry |
|
| Founded | May 3, 2017 in Singapore |
| Founders | Victor Lysenko |
| Headquarters | 68 Circular Road, #02-01, Singapore , Singapore |
Key people |
|
| Services |
|
| Website | osome.com |
Osome Ltd. is a Singapore-based company that provides that provides company incorporation, accounting, and corporate services to small and medium-sized enterprises (SMEs).[1] Founded in 2017, the company operates in markets including Singapore, Hong Kong, the United Kingdom, and the United Arab Emirates.[2][3][4]
History
Osome was founded in 2017 by Victor Lysenko and launched in Singapore in 2018.[5][2] The company was established to digitise administrative functions commonly outsourced by SMEs, including incorporation, bookkeeping, tax filing, payroll, and company secretarial compliance.[5]
In 2019, Osome announced a US$3 million funding round led by Target Global and stated that it would use the capital to support expansion into Hong Kong and the United Kingdom.[2]
In November 2020, the company raised an additional US$3 million extension round led by XA Network and AltaIR Capital. At the time, Osome said it served approximately 4,500 SME clients across Singapore, Hong Kong, and the United Kingdom.[5]
In June 2021, Osome raised US$16 million in a Series A financing round involving existing and new investors. The funding was intended to support international expansion, product development, and growth in the e-commerce segment.[6]
In December 2022, Osome announced a US$25 million Series B round led by Illuminate Financial, AFG Partners, and Winter Capital. The company stated that revenues had doubled since its previous round and that it intended to move toward positive cash flow.[3]
In 2024, Osome raised an additional US$17 million as an extension to its Series B round.[7]
In November 2025, founder and chief executive officer Victor Lysenko stepped down after more than eight years leading the company.[8][9] In January 2026, Osome appointed Eugenio Ferrante as chief executive officer.[4]
Products and services
Osome provides company incorporation, accounting, bookkeeping, payroll administration, tax filing, and corporate secretarial services.[1]
The company delivers its services through a software platform supported by in-house accountants and compliance professionals.[10] Publications have described its model as combining automation tools with human advisory support.[10][11]
In 2025, Osome announced a redesign of its customer platform intended to consolidate bookkeeping, filings, and compliance tasks into a single interface and simplify onboarding processes.[10]
Operations
Osome is headquartered in Singapore, where it first launched operations.[5] It later expanded into Hong Kong and the United Kingdom.[2][3]
By 2022, it reported serving more than 11,000 businesses across its active markets.[3]
In 2025, Osome announced entry into the United Arab Emirates through an office in Dubai.[4]
In 2026, company executives stated that Osome had focused on Asia-Pacific markets while scaling back some earlier expansion efforts in the United Kingdom.[11]
Funding
Osome has raised venture capital funding through multiple rounds. In 2019, it secured US$3 million led by Target Global.[2] This was followed by a US$3 million extension round in 2020 led by XA Network and AltaIR Capital.[5] In 2021, the company raised US$16 million in a Series A round.[6] A Series B round of US$25 million followed in 2022.[3] In 2024, the company raised an additional US$17 million as an extension to the Series B round.[7]
Reception
In 2020, the company was named Singapore Partner of the Year at the Xero Asia Awards.[12]
In 2025, Osome was included in Singapore's Top Fintech Companies ranking compiled by Tech in Asia and Statista.[13]
References
- ^ a b Mitchell, Sean (10 November 2025). "Osome recognised as leading AI business platform in fintech ranking". CFOtech Asia.
- ^ a b c d e Basul, Alara (26 November 2019). "Osome raises $3m in funding to fuel global expansion". UK Tech News.
- ^ a b c d e Shu, Catherine (6 December 2022). "Singapore-based financial admin platform Osome raises $25M Series B". TechCrunch.
- ^ a b c "Eugenio Ferrante Takes Over as CEO of Osome". Fintech News Singapore. 20 January 2026.
- ^ a b c d e Shu, Catherine (5 November 2020). "Singapore-based digital business assistant Osome raises $3 million". TechCrunch.
- ^ a b Shu, Catherine (10 June 2021). "Corporate services "superapp" Osome lands $16M Series A". TechCrunch.
- ^ a b Maity, Manisha (17 May 2024). "Osome closes US$17M Series B round to enhance AI-driven accounting solutions". e27.
- ^ "Osome CEO Victor Lysenko steps down after eight years". Tech in Asia. 25 November 2025.
- ^ "Osome Founder and CEO Victor Lysenko Steps Down After More Than Eight Years". Fintech News Singapore. 26 November 2025.
- ^ a b c Pandey, Mohit (25 February 2026). "Inside Osome's Playbook that Led to 100% YoY Growth". Analytics India Magazine.
- ^ a b Johnson, Kyle (19 September 2025). "Beyond the AI hype: how Osome delivers real speed and insights". Tech in Asia.
- ^ "Congratulations to the Xero Awards 2020: Asia winners!". Xero Blog. 7 December 2020.
- ^ "Singapore's Top Fintech Companies 2026". Tech in Asia.
External links
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LLM-generated pages with certain obvious signs of being machine generated may be deleted without notice.
Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject.
See the advice page on large language models for more information.