Octifi’s Smooth Acquisition with InRole
Based in Singapore, Octifi is a fintech company that revolutionises commerce by offering instant 0% interest loans to individuals. Whether renovating dream homes or purchasing furniture online, consumers benefit from an extended budget and pay later without incurring extra costs.
📝 Acquisition: how InRole assisted Octifi
Octifi's journey with InRole began on the recommendation of a YC Founder to provide accounting, tax and compliance services for the Indian subsidiary company. In the initial days, Inrole’s team proved instrumental in guiding Octifi‘s team navigating the regulatory framework be it the accurate implementation of accounting standards, RBI compliances or transfer pricing documentation. InRole further proved invaluable in representing Octifi at the time of its acquisition by being responsive and delivering all requisite reports within the stipulated timeline during the investor due diligence process. “Working with Tanvi & Tanya, and the rest of the InRole team, has been a delight marked by trust, responsiveness, and fairness. Their commitment extends beyond accounting, demonstrating a dedication to a positive working relationship.” Says Ed Chin, founder of Octifi
🔍 Why Octifi chose InRole
“Tanvi and her team's dedication, including after-hours calls and going beyond agreed-upon tasks, exemplifies their attention to detail and customer-centric approach. Throughout the acquisition process, InRole played a pivotal role in addressing uncertainties and providing unwavering support with accounting and tax matters. Their proactive approach, including off-hours communication and extended assistance, exceeded expectations. The continued engagement post-acquisition is a testament to their meticulous attention to detail and customer-centric ethos.”says Ed Chin, founder of Octifi.
