Company Overview
Snapshot
Founded in January 2022 by Zvi Appel, Opal Fintech operates with 11–50 employees. The company provides comprehensive payment and financing solutions for small and medium-sized enterprises (SMEs), holding a Major Payment Institution license from the Monetary Authority of Singapore (MAS).
Business overview
Opal Fintech, operating as Opal Fintech Pte Ltd, is a financial technology company that delivers comprehensive payment and financing solutions specifically designed for small and medium-sized enterprises (SMEs). Its core offering includes multi-currency accounts, enabling businesses to manage funds across 34 currencies and transact in over 100 corridors through a fully integrated, API-ready platform. The company also provides financing options such as 'Buy Now Pay Later' services and business loans for overseas payments, serving the Fintech & Insurtech sector with a focus on money transfer and management.
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- What is Opal Fintech's primary focus?
- Opal Fintech focuses on providing comprehensive payment and financing solutions tailored for small and medium-sized enterprises (SMEs).
- When was Opal Fintech founded?
- Opal Fintech was founded in January 2022.
- Who is a co-founder of Opal Fintech?
- Zvi Appel is a co-founder and CEO of Opal Fintech.
- What regulatory status does Opal Fintech hold?
- Opal Fintech is a licensed Major Payment Institution by the Monetary Authority of Singapore (MAS).
- What types of services does Opal Fintech offer?
- Opal Fintech offers multi-currency accounts, enabling businesses to manage funds across various currencies and corridors, alongside financing options such as 'Buy Now Pay Later' services and business loans for overseas payments.