Okoora
Founded Year
2022Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-13 points in the past 30 days
About Okoora
Okoora specializes in streamlining cross-border financial processes and managing currency operations for businesses of all sizes. The company offers Automated Business Currency Management (ABCM™), a cloud-based, AI-powered platform that simplifies the management of cross-border currency transactions and reduces currency risk. Okoora also provides a Banking-as-a-Service (BaaS) suite that allows businesses to embed financial services into their platforms or products. It was founded in 2022 and is based in Bnei Brak, Israel.
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Okoora's Products & Differentiators
Automated Business Currency Management (ABCM™)
Automated Business Currency Management (ABCM™) is the only cloud-based platform for managing the currency lifecycle. It’s a unified command center for controlling foreign currency cash flow; sending, and receiving payments with fee-less efficiency; and creating informed hedging strategies on-the-fly that significantly reduces your exposure to fluctuating exchange rates.
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Latest Okoora News
Sep 18, 2024
CTech Position: Founder & CEO Founders: Benjamin Avraham Company description: Okoora provides advanced solutions to streamline cross-border financial processes and reduce currency risk for organizations of all sizes. Okoora was named among the world's top 250 fintechs in 2024 by CNBC and Statista. Number of Employees: 100 Investors: Bootstrapped Okoora was part of the Israeli startup squad that participated in Calcalist's Mind The Tech London 2024 conference. Calcalist's "TeamTeam" included early-stage startup companies in the fields of AI & Data, Fintech & Retail, Cyber, Media & Entertainment, Healthtech, Greentech. The startups joined the official delegation in its journey to London and took part in discussions at the event, presenting their companies to senior executives from the UK and international tech industries. TAGS
Okoora Frequently Asked Questions (FAQ)
When was Okoora founded?
Okoora was founded in 2022.
Where is Okoora's headquarters?
Okoora's headquarters is located at Derech Sheshet HaYamim 30, Bnei Brak.
Who are Okoora's competitors?
Competitors of Okoora include Kantox and 7 more.
What products does Okoora offer?
Okoora's products include Automated Business Currency Management (ABCM™) and 1 more.
Who are Okoora's customers?
Customers of Okoora include Max.
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Compare Okoora to Competitors
ArcaPay specializes in foreign exchange, cross-border payments, and currency risk management within the financial services sector. The company offers high-level solutions for currency conversion, international payment processing, and FX risk strategies tailored for businesses. ArcaPay's services are designed to facilitate B2B financial transactions, providing efficient alternatives to traditional banking methods. It was founded in 2011 and is based in London, England.
Amnis is a financial services provider specializing in international payments, currency exchange, and multi-currency account management. The company offers solutions for making and receiving payments in multiple currencies, exchanging currency at transparent rates, and managing expenses with multi-currency debit cards. Amnis primarily serves the financial needs of small and medium-sized enterprises (SMEs) with tools designed to streamline their global financial operations. It was founded in 2014 and is based in Zurich, Switzerland.
Ebury provides small and mid-sized businesses with solutions to make and receive payments in foreign currencies, with competitive exchange rates, emerging-market currencies, hedge currency risk and benefit from liquidity. It allows users to access short-term finance, as well as make transactions in several currencies. The company was founded in 2009 and is based in London, United Kingdom.
Blockzo is a fintech company specializing in international payment solutions and currency risk management. The company offers a suite of services including hedging strategies, financing solutions, international payment processing, and multi-currency account management for small and medium-sized enterprises. Blockzo's technology-driven platform aims to simplify and secure cross-border transactions for businesses. Blockzo was formerly known as Actio Group. It was founded in 2022 and is based in London, United Kingdom.
NaviHedge is a FinTech company specializing in hedging and payment software solutions. The company offers a secure SaaS platform that integrates spot, forward, and option execution for foreign currency hedging and international payments. Its services cater to businesses looking for live pricing, execution of hedging structures, and transparent international payment processes. It was founded in 2018 and is based in North Sydney, New South Wales.
Airwallex develops a global financial platform that focuses on providing business payment solutions within the financial technology domain. The company offers an array of services including global business accounts for managing finances, international transfers, multi-currency corporate cards, and online payment processing capabilities. It primarily serves the payment industry. The company was founded in 2015 and is based in Melbourne, Australia.
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