OneCFO bags US$500K to automate financial management for Philippine SMEs

OneCFO, a Philippines-based AI financial management platform, raised US$500,000 in pre-seed funding from undisclosed angel investors to develop B2B apps and expand its team. The startup appointed Joel L. Tan-Torres to its Board of Directors, aiming to provide CFO technology to SMEs and startups by automating tasks and offering real-time finance insights. With notable clients like SolX and NextPay, OneCFO has processed millions of transactions and aims to accelerate its growth with the new funding.

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