Okoora to deliver embedded finance solutions with US launch

credit: metamorworks/Shutterstock
credit: metamorworks/Shutterstock

Embedded finance and foreign exchange solutions provider Okoora has announced its official launch into the US. 

The latest expansion plans will see Okoora offer its suite of APIs to US financial institutions, fintech firms and implement its embedded finance capabilities to non-financial service companies. 

Okoora has two primary solutions it is now able to supply to companies in the US; the Affiliate Model and the Active Partner Model. 

The Affiliate model enables partners to refer potential clients to Okoora, who handles the negotiation and transaction process. Partners are able to receive up to 50% of the client’s license value for the first year and can potentially earn up to tens of thousands of dollars. 

Similarly, the Active Partner Model allows partners to take control of their sales process. This solution helps them identify potential clients and offers up to 50% on total revenue generated by the client over a three-year period. 

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 also specialises in FX, multi-currency accounts, global payments and currency risk management to help companies streamline their international transactions. 

Furthermore, the payments solution provider leverages AI to facilitate cross-border transactions to more than 60 countries, supports up to 100 currencies and enables payments in 180 countries. 

The US launch follows a productive strategic expansion plan that has seen Okoora launch its Software-as-a-Service platform to small and medium-sized enterprises in Germany, as well as in Poland and Israel.