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).
Business overview
Opal Fintech, operating as Opal, specializes in comprehensive payment and financing solutions for small and medium-sized enterprises (SMEs). As a licensed Major Payment Institution by the Monetary Authority of Singapore (MAS), Opal offers multi-currency accounts, enabling businesses to receive and hold up to 34 currencies and transact across more than 100 corridors. The platform also provides financing options like 'Buy Now Pay Later' services and business loans for overseas payments, all integrated into an API-ready system accessible via a single dashboard. Opal operates within the Fintech & Insurtech sector, specifically focusing on money transfer and management for SMBs and SMEs.
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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.