1. Osome Blog Singapore
  2. Opening a company and bank account on the same day? Easy!

Opening a company and bank account on the same day? Easy!

Author Nataliya DzharianiNataliya Dzhariani

2 min read
News

OCBC Bank has partnered up with Osome to co-design a revolutionary service for the Singapore market: same-day incorporation and instant business account opening.

Opening a company and bank account on the same day? Easy!

OCBC and Osome let Singaporeans and Permanent Residents waltz through all formalities on the same day online

OCBC Bank, which was recently named Asia’s Best Bank for SMEs by  Euromoney, has partnered up with Osome, a fintech for business administration. Together they co-designed a revolutionary service for the Singapore market: same-day incorporation and instant business account opening.

It all happens online in a secure Osome app available form a desktop or mobile device, saving the need to call or visit the office. Clients sign in using MyInfo account and upload their data in one click. Osome collects all documents for registration, prepares an application, and files it. Thanks to automation, they can deliver incorporation as fast as in 38 minutes.

Once the registration is done, the client receives a secure link to proceed with OCBC instant business account opening. OCBC and Osome exchange data saving the need to fill in documents again. The result is a fast and secure process that allows you to decide on your business in the morning and have registration and bank account ready before the sun sets down.

Our goal is to free entrepreneurs from mundane maintenance issues that hold them back from doing business. Thanks to our partnership with OCBC, they can power through the formalities within a day and get their company up and ready. This is how it should be, and we are excited to be the ones to make it happen.

Victor Lysenko
Victor Lysenko Osome founder & CEO

Osome takes care of accounting and reporting for entrepreneurs. They organize paperwork, remind clients about deadlines, prepare and file reports in time. he AI-powered technology backs human experts allowing to answer clients 24/7 usually within 15 minutes, even late at night and on weekends. The convenient service already has signed up over 2,300 customers in Singapore, and recently opened in Hong Kong and the UK. OCBC, the oldest Singapore bank, has previously named Osome their valuable partner.

Share this post:
Subscribe

Tips to run your business smarter. Delivered to you monthly.

By clicking, you agree to our Terms & Conditions , Privacy and Data Protection Policy

Related Articles

Osome Raises $16M in Series A Round to Expand its AI-based Accounting Platform to Global Markets
News

Osome Raises $16M in Series A Round to Expand its AI-based Accounting Platform to Global Markets

Osome has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, Ace & Company and Peng T. Ong, who joined as an angel investor

·3 min read
Osome Wins Singapore Partner of the Year at Xero Asia Awards
News

Osome Wins Singapore Partner of the Year at Xero Asia Awards

A confirmation of Osome’s commitment at innovation and customer service, this is simply a great way to end 2020. Find out more on how and why we won.

·1 min read
Osome Raises US$3m in Funding from XA Network and AltaIR Capital
News

Osome Raises US$3m in Funding from XA Network and AltaIR Capital

The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing.

·4 min read
Osome Ranks on Singapore’s Top 4 Platinum Partners of Xero
News

Osome Ranks on Singapore’s Top 4 Platinum Partners of Xero

Xero, the global small business platform, awarded Osome with a platinum partner status. This is the highest level of recognition that Xero offers to their counterparts, with only 3 other companies in Singapore holding the title.

·2 min read
Silicon Valley, Meet Singapore
News

Silicon Valley, Meet Singapore

Osome forms a strategic partnership with venture firm and seed accelerator, 500 Startups, by joining their Global Launch initiative. The programme, supported by Enterprise Singapore, will see exceptional startups from around the world plan and execute expansion into Singapore in 2020.

·2 min read

Tips to run your business smarter. Delivered to you monthly.

We’re using cookies! What does it mean?