At its Founders Night event in Singapore on 3 September, Aspire launched a feature that lets founders open an Aspire business account from inside the Osome app. Company and founder details carry over, and the approval status is tracked in the app.
It is a small product change. But it is a clear signal of where Singapore’s corporate services market is heading: toward bundles where the bank account, the bookkeeping and the compliance all sit behind one login.
What Was Announced
The new integration removes a step most founders know well. After incorporating, they have to open a business account and fill in the same company and director details a second time. Then they have to link that account to their accounting system.
With the integration, the Aspire account opens from within Osome, links itself automatically, and bookkeeping starts once the account is live. Osome’s CEO Eugenio Ferrante described the goal as fewer places where founders have to explain their business.
The two companies have worked together for some time. In July 2025, Osome added Aspire’s bank feed integration, and said adoption among its customers rose 43% in two months. Aspire says it serves more than 50,000 companies. Osome says it has served 40,000 founders and small businesses.
Why Bundles Appeal to New Founders
For a first-time founder, the appeal is obvious. Setting up a company in Singapore involves ACRA, a registered address, a company secretary, a bank, an accounting system and, later, IRAS. Each one asks for the same documents.
A bundle cuts that down. The founder deals with one interface and one set of forms. Transactions flow from the bank to the ledger without anyone exporting files.
There is a real efficiency gain here, and the providers are right to chase it. Duplicate data entry is where many small-company errors start.
The Questions a Bundle Doesn’t Answer
Bundles also change what it costs to leave. When the bank account, the ledger and the corporate secretarial records are linked inside one platform, switching any one part becomes harder.
That matters because a company’s needs change. The provider that suits a founder at incorporation may not suit the same company three years later, with staff, investors and more complex tax questions. Founders should know before they sign up how they would get out.
A few questions help. Can the full ledger be exported in a standard format, with attachments? Does the bank account stay open and fully usable if the company changes its bookkeeper? Who owns the bank feed connection, and can it be moved to another accounting system?
It is also worth asking who handles the work behind the interface. An automated bank feed categorises transactions, but a person still has to review them, fix errors and answer questions. Founders should know whether that is a named accountant who knows the business or a pooled team working through a queue. It is also worth pricing an osome alternative for business in Singapore before signing, so the comparison is made while there is nothing to migrate.
None of this is a reason to avoid bundles. For many new companies, the convenience is worth it. But the decision is easier to make well at the start, when there is nothing to migrate, than three years in, when the company has outgrown the setup and everything is connected.
The Aspire and Osome integration makes the first step smoother. The smart move for founders is to plan the exit before they need it.
