4 years ago

Osu Raises £2.25 Million to Empower Self-Employed with Payment App

  • Osu, a London-based payment app for self-employed professionals, has secured £2.25 million in seed funding led by Creandum, with participation from Ada Ventures, Breega, and angel investors including Charles Delingpole, Will Neale, and Michael Pennington

  • The investment will fuel growth, product development, marketing campaigns, and team expansion

  • Osu offers instant payments, professional invoicing, automated reminders, and zero transaction fees, aiming to simplify business management for the self-employed

  • The app has helped over 1,000 professionals in 2020 and plans to introduce new features like direct customer communication, calendar integrations, booking and scheduling, and mini-site creation.

      • ProblemTechnology

      "Self-employed individuals in the UK face challenges managing payments, including chasing customers for payments, high fees, settlement delays, and hidden costs."

      Solution

      "Osu is a subscription-based payment app that simplifies payment management for the self-employed by offering instant payments, professional invoicing, automated payment reminders, and zero transaction fees. It aims to automate tasks like sending invoices, accepting payments, and chasing customers, allowing self-employed individuals to focus on growing their businesses."

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