{"_id":"0EadirLDCDsihjC8Oyop5QBkQwp3WK8WyHFcuKVdMAjzsfvgabJqon","lastupdate":"2023-02-08T00:00:00.000Z","update_date":"2023-02-08T00:00:00.000Z","lastModified":"Mar 26, 2025","active":1,"confidence_score":84,"confidence_score_reason":"tags, funding rounds, markets, not claimed","urlname":"okoora","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$ZNdVaKfkNB7vurTdufDkqMgG4S7K6M3zii1ATCGjTTcpeW09MQSgz1","name":"Okoora","oneliner":"Cloud-based Platform for Automated Business Currency Management","registrar":"516455284","website":"https://okoora.com/","careerspage":"","founded_month":8,"founded_year":2021,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/OkooraOfficial","youtube":"https://www.youtube.com/channel/UCewi40rWCf83NhhUbxwbeZw","facebook":"https://www.facebook.com/okoora2022","linkedin":"https://www.linkedin.com/company/77576835","instagram":"https://www.instagram.com/okooraofficial"},"social":["https://www.linkedin.com/company/77576835","https://www.facebook.com/okoora2022","https://twitter.com/OkooraOfficial","https://www.youtube.com/channel/UCewi40rWCf83NhhUbxwbeZw","https://www.instagram.com/okooraofficial"],"flattenedsociallinks":"https://www.linkedin.com/company/77576835|https://www.facebook.com/okoora2022|https://twitter.com/OkooraOfficial|https://www.youtube.com/channel/UCewi40rWCf83NhhUbxwbeZw|https://www.instagram.com/okooraofficial","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":null,"employees":"51-200","employees_exact":55,"patent":0,"raised":0,"stage":"Pre-Funding","public_stage":"Pre-Funding","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sJDA","primary_sector":"Fintech & Insurtech","alternativenames":["okura"],"about":"Okoora is an automated currency management platform designed to help businesses plan, execute, and manage global financial transactions with the help of artificial intelligence. The company has developed the ABCM, an enterprise-grade platform for planning, executing, and managing global financial transactions in over 100 currencies while simplifying currency management by unifying all tasks, services, and transactions over an intuitive financial infrastructure.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+97236112525","country":null,"address":{"israeli":[{"id":"nNn6MqXTYVdRayQV3ZxpisJBxEeI7m0LXtfQDSSfhTwcv3xARq35dO","city":"Bnei Brak","type":null,"address":"Derech Sheshet HaYamim 30, Bnei Brak, Israel","placeid":null,"notactive":null,"openeddate":null,"registrarid":null,"firstrdcenter":null,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":null,"news":[{"id":"wUoGdw9E8VAi7idKW0rRZbqgUpFVWBkALWhJ6T4oADy07lp4xF9Cdc","date":"Jul 16, 2025","link":"https://www.prnewswire.com/il/news-releases/okoora-recognized-by-cnbc-and-statista-in-global-fintech-250-for-second-year-302506901.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"recognition","round":null,"company":"Okoora","layoffs":null,"summary":"Okoora, a company specializing in embedded FX infrastructure, has been recognized for the second consecutive year in CNBC and Statistas list of the Top 250 Fintech Companies worldwide. 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This collaboration aims to integrate Okooras AI-powered FX360 engine into DashDevs fintech platforms, providing real-time FX risk management, liquidity routing, and cross-border execution. The partnership addresses the challenges fintech startups face in managing currency risk and cross-border payments. By embedding Okooras FX capabilities, DashDevs enables fintechs to launch products faster and operate globally with confidence. This partnership is expected to accelerate the journey to embedded finance maturity and streamline operations for fintech companies.","partners":["DashDevs"],"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["partnership","FX infrastructure","AI technology","embedded finance","currency risk"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Kzy94g1wJ2o6cTfj2LUGpkLTVsQCLUB32ES6hmewyq9tZDtkaAflQe","news_summary":"/PRNewswire/ -- Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"xAVlFQZSODM9sgH1Zgp2uOlmV7xQz8HJp7YlHFrmh0o85gQrYDgqwY","date":"May 8, 2025","link":"https://www.prnewswire.com/il/news-releases/okoora-scores-at-the-2025-atlas-awards-and-fintech-awards-302448957.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"awards","round":null,"company":"Okoora","layoffs":null,"summary":"Okoora, a company specializing in global foreign exchange (FX) infrastructure, has been recognized with two prestigious awards: first place in the Fintech category at the Atlas Awards and winner of the Best SaaS for Fintech category at the Fintech Awards. These accolades highlight Okooras innovative approach to transforming financial services through their core offering, FX360, a modular, embedded engine that enhances currency protection and liquidity for clients. Okooras solutions are trusted by a diverse range of clients, including financial institutions and tech companies, to manage cross-border operations efficiently. The companys achievements underscore its leadership in the fintech industry and its role in advancing embedded FX infrastructure.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["awards","fintech","SaaS","FX infrastructure","innovation"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":[],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":null,"entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"6X0AugpuqvYsgO0ugk9Bm50Uh4TYPfIgbdQTXOZklzxDRYiRkqmeAn","news_summary":"/PRNewswire/ -- Okoora, a company redefining global foreign exchange (FX) infrastructure, is proud to announce two key industry honors: a first-place win in...","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"WrMlGzSFpUwWEXuP8lkrVInfSXevcJu0Snx3VUz71pxiX0Z7utDFnC","date":"Mar 5, 2025","link":"https://www.prnewswire.com/il/news-releases/okoora-launches-fx360-a-new-technology-redefining-financial-infrastructure-302392924.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"FX management","round":null,"company":"Okoora","layoffs":null,"summary":"Okoora, a fintech company, has launched FX360, a proprietary technology designed to streamline currency management and optimize cross-border operations. FX360 integrates FX intelligence directly into financial workflows, automating and simplifying processes that traditionally required manual oversight. The technology aims to eliminate FX volatility risks, optimize liquidity management, and automate payments, providing businesses with a unified platform for managing global financial operations. The launch of FX360 follows Okooras expansion into the U.S. and German markets, marking a significant shift in global financial management. Okooras solutions are trusted by companies worldwide and have been recognized by CNBC and Statista as one of the worlds top 250 fintechs.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":10,"key_topics":["FX360","financial","infrastructure","automation","global"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Product Stage","Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Product Stage  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"k5PUYIYBTgfwK5NCBG0U5mTASSBMTN3jwN5KOEV0Cj6bOOpwhNriCx","news_summary":"/PRNewswire/ -- Okoora, a fintech innovator transforming financial infrastructure, announces the launch of FX360, its proprietary technology that implements FX...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ummmC7YFoyedaoUJvAmdrtoObeMfauSQLI0STIz8MFyuklZr9yCnvK","date":"Feb 5, 2025","link":"https://www.prnewswire.com/il/news-releases/okoora-launches-embedded-finance-services-in-the-us-market-302368681.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"expansion","round":null,"company":"Okoora","layoffs":null,"summary":"Okoora, a leading provider of embedded finance and FX risk management solutions, has expanded into the U.S. market following its entry into Germany. The company offers its solutions to financial institutions, fintech firms, and non-financial services companies in the U.S., enabling them to manage multi-currency operations and mitigate currency risks. Okoora has also launched a Global Referral Partner Program, inviting professionals to distribute its platform and earn revenue through two compensation models. This expansion and new program mark significant growth for Okoora, which is recognized as a top fintech company. The companys AI-powered platform supports operations in over 100 currencies and facilitates transactions in 180 countries.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["expansion","partners","finance","cross-border","AI"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"o0BTVxTpX6PPHlgq6jE8Ji71xZx64maIV2nHV9uprMXYMXUrnLJAQI","news_summary":"/PRNewswire/ -- Okoora, a leading provider of embedded finance and foreign exchange (FX) risk management solutions, today announced its expansion into the...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Mgjiw6Q6u5NxHH0TwfRgLEjjckaV4q1DsRbCFfqoHEbzGD4fnnWfrj","date":"Nov 12, 2024","link":"https://www.maariv.co.il/economy/tech/article-1147915?_atscid=7_134353_204082920_2812194_0_Txtetaxjxdshwhus8sp","source":"www.maariv.co.il","visible":1,"analysis":{"tags":"recognition","company":"Okoora","layoffs":null,"summary":"Okoora, a fintech startup, has been recognized as one of the top 100 startups in Europe by The Europas competition for 2024. The company, which offers an AI-based cloud platform for global payments, banking, and risk management, has seen significant growth, including an 83% increase in customer base and a 465% rise in payment transactions in 2023. Okooras platform has saved businesses in Israel over 11 billion shekels in international currency transactions. The company is expanding into the European market, including the Polish market, with new sales offices, marketing teams, and an R&D center. This recognition and expansion mark a significant step in Okooras growth in Europe.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Fintech","AI","Europe","Recognition","Growth"],"date_of_event":"February 2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"8ELnJWAcORS9NHoLivAgbq6vG1iqiFTSsYf5kLFNqEC68y4eFr8w2S","news_summary":"חברת הפינטק אוקורה - אחת מ-100 הסטארט-אפים המובילים באירופה ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"rnogrnJkL6747aD1ltBGnmyfgD0ziyjDpZnSJaJ1CRcrmKQkbVC1hR","date":"Nov 7, 2024","link":"https://www.calcalistech.com/ctechnews/article/hygqtk5zke","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"FX market trends","company":"okoora","layoffs":null,"summary":"The article discusses the evolving dynamics of the foreign exchange (FX) market as we approach 2025, highlighting key trends that will shape the sector. These include heightened geopolitical tensions, central banks easing interest rates, evolving international trade dynamics, AI-powered FX analysis, and an intensified regulatory environment. Companies engaged in cross-border trade and investment must prepare for rapid shifts in currency values due to geopolitical events and regulatory changes. The article emphasizes the importance of adopting agile risk management strategies and leveraging AI for deeper insights to navigate these challenges. Benjamin Avraham, CEO and founder of the fintech startup okoora, suggests that those who prepare will be better positioned to leverage opportunities in this evolving market.","partners":null,"customers":null,"investors":null,"confidence":10,"key_topics":["geopolitical tensions","interest rates","trade dynamics","AI analysis","regulations"],"date_of_event":"2025","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":[],"acquisition_amount":null,"entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"F9yrR4JLgCC5zHo1zYXoVfJweTSWiYSTSkjbGiGzIiZWAdef0MhjyH","news_summary":"Those who prepare will be better positioned to leverage the opportunities that arise in this evolving market," writes Benjamin Avraham, CEO and founder of okoora","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"N58aNFOjA1Rt2k4rlVbRgDOHVtzWseznTKZFjegH7LRR5741j6JMF1","date":"Aug 14, 2024","link":"https://www.maariv.co.il/business/tech/Article-1124881?_atscid=7_134353_204082920_2632196_0_Txtetaxjxdshwhus8sp","source":"www.maariv.co.il","visible":1,"analysis":{"tags":"Fintech, Mobile Application","company":"okoora","layoffs":"N/A","summary":"Fintech startup okoora has announced the launch of a mobile application that facilitates international payments. The app, available on Android and iOS, allows business users to make transfers in local and foreign currencies. It is linked to the companys AI-based cloud platform, ABCM™: Automated Business Currency Management, which manages global payments, banking, and risk. The app expands the platforms core capabilities to mobile devices, enabling users to make currency conversions and transfers, and avoid unnecessary delays in business transfers. The app allows businesses of all sizes to open new wallets and load them with local or foreign currency, and manage their financial transactions outside the office. The company recently announced its entry into the Polish market, which includes the establishment of sales offices, a marketing and customer service team, and a development center.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":8,"key_topics":["Mobile Application Launch","International Payments","AI-based Platform","Business Expansion","Customer Growth"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Customers, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Customers, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tMeBT4U0fYH8KvGVAiulDsveySiAfcu9A4OEpDreEeIuiRCCH1BuBL","news_summary":"ביותר ממאה מטבעות: האפליקציה בה תוכלו לשלם בלמעלה מ-150 מדינות","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"dzrQZmqAhIqj2yGx0O0visNpjZ0k2hddhZKRJyoWRcxcGRGgaHoyx0","date":"Jul 1, 2024","link":"https://www.jpost.com/brandblend/article-808527","source":"www.jpost.com","visible":1,"analysis":{"tags":"Expansion, Fintech","company":"Okoora","layoffs":"N/A","summary":"Okoora, an Israeli-Swiss fintech startup, has announced its expansion into the Polish market. The company has developed an AI-based cloud platform for global payments, banking, and risk management. The expansion includes sales offices, a marketing team, customer service, and an R&D center in Poland. Okooras Automated Business Currency Management (ABCM™) platform helps businesses manage the risks associated with currency exchange rate volatility. The company also offers Banking-as-a-Service (BaaS) through APIs. The expansion to Poland follows the opening of Okoora’s offices in Cyprus. The company has seen significant growth, with a 465% increase in payment transactions by its clients and a 161% rise in the volume of transactions hedging against currency exchange rate fluctuations.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Market Expansion","AI Platform","Global Payments","Risk Management","Banking-as-a-Service"],"date_of_event":"July 1, 2024","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qcCOlpybWRLcEOD2zxCXVp8ej96yUqxPg3BbwoSZzekptpYYe1qiEl","news_summary":"Israeli-Swiss fintech startup Okoora expands to Poland","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1lP8wznOAsKKz8OtyGq0MzPF47X7wBgEFlx4BwNiAMlOe6CsUqESnX","date":"Mar 9, 2024","link":"https://finance.walla.co.il/item/3649437?_atscid=7_134353_204082920_2548794_0_Txtetaxjxdshwhus8sp","source":"finance.walla.co.il","visible":1,"analysis":{"tags":"Recruitment, Expansion","company":"okoora","layoffs":"N/A","summary":"Israeli-Swiss fintech startup okoora, which has developed an integrated cloud platform for global payments, banking, and risk management, is recruiting dozens of additional employees for its branch in Israel. These new hires will join the companys existing workforce of around 100 professionals in Israel, Switzerland, Germany, Cyprus, and India. The company aims to double its workforce in Israel to support its growth domestically and abroad. okoora has seen unprecedented success with a customer growth of 83% in 2023, with around 13,000 customers registered to use the companys platform, most of them small and medium-sized businesses.","partners":"N/A","customers":"13,000 customers","investors":"N/A","confidence":9,"key_topics":["Recruitment","Expansion","Growth","Fintech","Global Payments"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ujEb1cLdXtYWnujXbLoEY3iEfgBqFmaeGw1zU1WGlxOJgTpNKVdNIu","news_summary":"חברת סטארט אפ הפינטק okoora תכפיל את מצבת העובדים בישראל - וואלה! כסף","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Ai6pYSZXCSrH1LmIGYWgHKyOEvY0ni8aoSJQTltAGlJppcQ2b5ebK8","date":"Dec 4, 2023","link":"https://ibsintelligence.com/ibsi-news/okoora-strengthens-european-expansion-with-new-cyprus-branch/","source":"ibsintelligence.com","visible":1,"analysis":{"tags":"Expansion, Partnership","company":"Okoora","layoffs":"Not mentioned","summary":"Swiss-Israeli FinTech start-up Okoora is expanding its operations across the European Union with a new branch in Limassol, Cyprus. The new branch will support Okooras efforts to obtain an EMI (Electronic Money Institution) license and a Financial Brokerage license in the region. The companys Automated Business Currency Management (ABCM) platform uses AI to streamline global payments, banking, and risk management. The Cyprus branch will employ around 30 professionals. Okoora has also recently partnered with Paysend, a global payment platform.","partners":"Paysend","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Expansion","Partnership","Currency Management","AI","BaaS"],"date_of_event":"December 04, 2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Expand","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Expand  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ZYj0KfG5iGSjL6y5gv5dGYIEbveWacwzJ5Fpt41kZulD5iqsj3T4j7","news_summary":"Okoora strengthens European expansion with new Cyprus branch","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"L9rrilO2fKTzsFOuzUUvncek7D9Q98ZcwooM16RbSxHT0XLgfO47fo","date":"Sep 27, 2023","link":"https://www.ice.co.il/digital-140/news/article/981985?_atscid=7_134353_204082920_2477357_0_Txtetaxjxdshwhus8sp","source":"www.ice.co.il","visible":1,"analysis":{"tags":"Fintech, Startups","company":"Okoora","layoffs":"","summary":"Swiss-Israeli fintech startup Okoora has developed an AI-based platform for managing global payments, banking, and risk. The platform, ABCM™: Automated Business Currency Management, offers operational tools, a system for managing currency risks, and access to a wide network of banks and trading rooms. Since its launch in January 2022, Okoora has seen significant growth, gaining over 7,000 customers in the corporate sector and among small and medium-sized businesses in Israel. 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