Okoora

growth-positive

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. This recognition highlights Okooras growth and its role as a foundational layer in global business operations. The companys FX360 engine, an AI-powered infrastructure, detects FX exposure in real-time and automates hedging decisions, empowering banks, payment providers, and cross-border businesses. Okooras technology integrates seamlessly into existing systems, offering stability and control without the need for complex FX operations. Headquartered in Zurich, Okoora operates across Europe and Israel, serving companies in commerce, technology, and finance.

growth-positive

Okoora, a company specializing in global foreign exchange (FX) infrastructure, has announced a strategic partnership with DashDevs, a fintech product engineering company. 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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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.

growth-positive

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. The company recently signed strategic agreements with major foreign and Israeli financial institutions, including credit card company Max and global payment platform Paysend.

growth-positive

Swiss-Israeli fintech startup Okoora has launched its integrated platform for global payments, banking, and risk management. The platform, known as Automatic Business Currency Management (ABCM™), aims to simplify currency operations and empower businesses to navigate the global marketplace confidently. Since its launch in January 2022, Okoora has experienced significant growth, attracting over 7,000 enterprises and SMBs as customers. The company has submitted license applications in multiple European countries to facilitate its expansion strategy. Okooras system has successfully mitigated business risks for its customers, leading to significant financial gains. The company plans to expand its services, introduce new functionalities, and double its workforce to enhance its capabilities.

growth-positive

Israeli fintech company okoora provides solutions for businesses and companies in foreign trade, payments, and foreign currency. Amid fluctuations in the dollar exchange rate and an increase in the number of employees, the company is making strides in simplifying complex currency management processes. The companys platform combines operational tools with smart algorithms and machine learning to monitor threats and opportunities in foreign exchange. The company also invests heavily in team-building activities to foster a sense of belonging and identification among its employees.

growth-positive

Fintech company okoora provides an innovative solution for businesses dealing with foreign currency management. The companys SaaS platform offers a holistic solution for managing foreign currency activities, including planning tools, payment execution, currency conversion, and hedging transactions. The platform supports over 100 currencies and allows for future payment orders, currency rate locks for future payments, and opening bank accounts in various regions worldwide. Recently, okoora assisted an Israeli company in retrieving funds stuck in Ukraine due to the ongoing war. The company currently employs around 50 people but is expected to triple its workforce in the coming months.