Okoora launches embedded finance services in the U.S. market

Okoora's U.S. growth follows entry into Germany and launch of a new global referral partner program

ZURICH, Feb. 5, 2025 /PRNewswire/ -- Okoora, a leading provider of embedded finance and foreign exchange (FX) risk management solutions, today announced its expansion into the American market. The company offers its embedded finance solutions and suite of core APIs to financial institutions, fintech firms and non-financial services companies operating in the U.S.  These organizations can leverage okoora's offerings for their own operations or integrate them into their own service offerings to benefit their customers. Okoora's solutions include multi-currency accounts, global payments, FX conversions, and currency risk management through hedging, among others. Recently, Okoora announced its expansion into the German market, where it now offers its embedded finance solutions and core API suite, just as it does in the U.S. However, unlike in the U.S., the company also provides access to and support for its SaaS platform to small and medium-sized businesses in Germany—similar to its approach in Poland and Israel.

As part of its expansion into new global markets, Okoora proudly launched its Global Referral Partner Program last week. This initiative invites professionals—including lawyers, insurance agents, accountants, financial consultants, and other industry experts—to serve as distributors of Okoora's platform for clients engaged in international business operations. Participants in the program can unlock additional revenue opportunities by offering licenses to Okoora's platform, which delivers advanced solutions for managing multi-currency cross-border activities.

Okoora offers two lucrative compensation models for partners – the Affiliate Model and the Active Partner Model.

• In the Affiliate Model, partners refer potential clients to Okoora, which manages the entire negotiation and transaction process. Partners receive up to 50% of the client's license value for the first year, with earning potential reaching tens of thousands of dollars.
• The Active Partner Model allows partners to take full control of the sales process, from identifying potential clients to closing deals. This model offers up to 50% of the total revenue generated by the client over a three-year period, with earning potential in the hundreds of thousands of dollars.

Benjamin Avraham, Founder and CEO of Okoora, said, "Our expansion into the U.S. and German markets, alongside the launch of our new Global Referral Partner Program, marks a significant milestone in our growth journey. As cross-border trade continues to accelerate, there is an increasing demand for more efficient finance solutions—ones that go beyond what traditional banks offer. Okoora is proud to be at the forefront of providing these solutions to businesses of all sizes in an expanding number of key markets."

Okoora's AI-powered financial platform, used by tens of thousands of businesses worldwide, facilitates the opening of foreign currency accounts in over 60 countries, supports operations in 100 currencies, and enables payments and receipts in 180 countries.

About Okoora

Okoora is a leading provider of embedded finance and foreign exchange (FX) risk management solutions, empowering businesses to navigate the complexities of multi-currency operations and cross-border transactions. Through its innovative SaaS platform and suite of APIs, Okoora enables financial institutions, fintech firms, and businesses across industries to streamline their operations, mitigate currency risks, and unlock new revenue opportunities. Trusted by companies worldwide, Okoora is at the forefront of transforming how businesses manage their global finance. Okoora is recognized by CNBC and Statista as one of the world's top 250 fintechs. For more information visit: https://okoora.com/

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SOURCE Okoora