Oon & Bazul’s M&A Head of Practice successfully acted for Illuminate Financial in its investment in Osome’s latest Series B funding round.

Corporate Partner and Head of Mergers & Acquisitions, Ng Yi Wayn, successfully acted for Illuminate Financial in the recent #SeriesB funding round for Osome, a Singapore-based online bookkeeping and accounting firm, serving over 13,000 small and medium-sized business (SMB) customers and employing over 400 staff across Singapore, Hong Kong, United Kingdom, Netherlands, Philippines, and Malaysia.

Illuminate Financial is a thesis-driven venture capital (VC) firm based in London, United Kingdom, dedicated to fintech and enterprise software companies building technology solutions for financial services.

This round saw #Osome secure over US$17 million in funding from both new and existing investors, which Osome will be utilising to, inter alia, continue investing in its product offerings, further emphasising the acceleration of automation and artificial intelligence (AI) components to serve its expanding customer base more efficiently.