Opal Fintech

Company Overview

Snapshot

Founded in January 2022 by Zvi Appel, Opal Fintech operates with 11–50 employees. The company is currently in its Pre-Funding stage.

Business overview

Opal Fintech, operating as Opal, is a financial technology company that provides comprehensive payment and financing solutions specifically designed for small and medium-sized enterprises (SMEs). As a licensed Major Payment Institution by the Monetary Authority of Singapore (MAS), Opal offers a platform that enables businesses to manage multi-currency accounts, receive and hold up to 34 currencies, and conduct transactions across over 100 corridors. Additionally, Opal provides financing options such as 'Buy Now Pay Later' services and business loans for overseas payments, all integrated within an API-ready platform for seamless connectivity with various financial channels. The company operates within the Fintech & Insurtech sector, focusing on money transfer and management for SMBs and SMEs.

Company Intelligence Q&A

What is Opal Fintech's primary focus?

Opal Fintech specializes in 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 license does Opal Fintech hold?

Opal Fintech is a licensed Major Payment Institution by the Monetary Authority of Singapore (MAS).

What kind of services does Opal Fintech offer?

Opal Fintech offers multi-currency accounts, enabling businesses to receive and hold up to 34 currencies and transact across more than 100 corridors, along with financing options like 'Buy Now Pay Later' and business loans for overseas payments.