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Osome grows 25%, eyes Asia expansion

Osome, a fintech platform focused on business and financial management solutions, reported a 25% year-on-year revenue growth for 2024.

Plans for 2025 include product innovation, market expansion, and enhancing operational efficiency.

Osome plans to expand operations in key markets, including Singapore and Hong Kong.

The company aims to provide localized solutions for startup entrepreneurs and small to medium-sized enterprises.

The focus will be on Chinese-speaking customers to improve access to business and financial services.

Recent Osome developments

Timeline
03-Oct-2024 📉 Osome cuts staff anew as it vies for profitability
  • Osome lays off staff in Singapore, Malaysia offices
  • Company aims for profitability by 2024 after cuts
17-May-2024 💰 Osome raises $17m series B extension months after mass layoffs
  • Osome raises US$17M, total Series B hits US$42M
  • Funding aims for profitability after mass layoffs
05-Feb-2024 ⚠️ Osome faces heat from customers following staff exits, layoffs
  • Osome faces customer complaints over filing delays
  • Over 90 negative reviews reported in 2023
06-Dec-2022 🚀 Singapore’s Osome banks $25m in series B money
  • Osome raises US$25M in Series B funding
  • Plans expansion in Asia, especially Hong Kong
22-Jun-2021 🚀 AI business services startup Osome used this pitch deck to bank $16m in series A money

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