Company Overview
Snapshot
Founded in September 2021 by Michael Shomer Schwartz, Obol operates with 11–50 employees. The company has raised $165K across two funding rounds. In February 2026, Obol announced a strategic partnership with DualEntry to deliver an AI-first experience across accounting and cash flow management.
Business overview
Obol is an Israeli Fintech & Insurtech company that provides an AI-driven cash flow management platform. Its proprietary technology centralizes all financial data, making it accessible and actionable for businesses of all sizes. The platform helps track cashflows, manage bottom-up rolling plans, forecast scenarios, and seamlessly execute financial operations, serving enterprises, SMBs, SMEs, and financial services.
Strategic signal
In January 2026, Obol officially launched in Australia through a strategic partnership with Mastercard, aiming to bring AI-driven cash flow management to Australian businesses. This expansion into a new geographic market with a major financial institution like Mastercard signals strong commercial validation and a significant step in Obol's growth trajectory, indicating potential for rapid market penetration and adoption of its AI-powered solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Obol's primary focus?
- Obol focuses on providing an AI-driven cash flow management platform that centralizes financial data to help businesses track cashflows, manage plans, forecast scenarios, and execute financial operations.
- When was Obol founded and by whom?
- Obol was founded in September 2021 by Michael Shomer Schwartz.
- What was a key strategic partnership for Obol in early 2026?
- In February 2026, Obol announced a strategic partnership with DualEntry to deliver an AI-first experience across accounting and cash flow management.
- What was a significant market expansion for Obol in 2026?
- In January 2026, Obol launched its operations in Australia through a strategic partnership with Mastercard, aiming to bring its AI-driven cash flow management solutions to businesses in the region.