okoora
- Company typePrivate
- Founded2021
- HeadquartersSchwyz, Switzerland
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
okoora firmographics
Firmographics- Name
- okoora
- Legal name
- Okoora
- Website
- https://okoora.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
okoora industry classification
Industry- Product category
- Cross-Border Financial Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372), Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF)
Keywords
Where okoora is headquartered
LocationHeadquarters
- HQ city
- Schwyz
- HQ country
- Switzerland
- HQ region
- Europe
Offices2 records
Markets served
okoora business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- FX Conversion and Transaction Fees: Revenue generated from FX conversions between currencies at institutional rates. The platform earns a spread on every conversion executed through the FX marketplace, with direct connections to banks and brokers ensuring competitive pricing and margin capture.
- Embedded Finance / Platform Licensing: Revenue from embedding Okoora capabilities into partner platforms (banks, fintechs, PSPs, ERPs). Platforms pay for access to multi-currency accounts, FX products, and AI pricing that they resell or offer to their own customers under their brand.
- Hedging and Risk Management: Revenue from FX protection, forward deals, and exposure management services. The platform charges for executing hedging strategies and maintaining protective positions against currency risk.
- Payment Processing: Revenue from cross-border payment execution, routing, and settlement services. Payments operate end-to-end with currency conversion, approval workflows, and automatic reconciliation.
- Referral Partner Revenue Share: Partner program generates revenue through Net Fee Revenue (NFR) sharing. Referral partners earn 10% of cumulative NFR up to $10M per new client, and 20% above that threshold, over a 36-month eligibility period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Enterprise / Embedded Platform Pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
okoora product offering
Product offeringCore offering
Okoora provides an AI-native financial infrastructure platform for multi-currency accounts, cross-border payments, FX execution, hedging, and real-time exposure management. It also enables banks, fintechs, payment providers, and software platforms to embed accounts, FX, payments, and transaction pricing into their own products under their brands.
Product overview
Okoora is an AI-native financial intelligence platform operating as an orchestration layer across accounts, payments, FX, exposure, and money flows. The platform is structured as a modular stack with four layers: Intelligence (AI decision-making), Orchestration (policy enforcement), Data connectivity, and Building Blocks (accounts, payments, liquidity, FX, market access). Core products include Multi-Currency Accounts, Payments, FX Marketplace, and Regulated Infrastructure, supported by specialized FX modules (FX Risk Engine, FX Protection Suite, FX Payment Rail, FX Wallet, FX Execution Engine, Trade Room as a Service), and AI-powered capabilities (FX Pricing Engine, Embedded Revenue Console). The platform supports 74 currencies across three liquidity tiers, operates billions in financial flows, and serves global banks, fintechs, and enterprises.
Differentiator
Problem solved
Functional benefit
Products and services
- FX Risk Engine An AI-powered foreign-exchange exposure management product that consolidates exposure across entities and systems into a live view and applies configured policies to detect and neutralize risk.
- FX Protection Suite A foreign-exchange hedging product for protecting prices and margins from currency volatility through policy-based hedge execution and monitoring.
- FX Execution Engine A real-time FX execution product that executes currency conversions and hedges at institutional rates across more than 65 currencies using policy-based routing.
- Trade Room as a Service (TRaaS) A virtual foreign-exchange dealing room that enables platforms to operate branded FX trading services using institutional-grade infrastructure and controls.
- FX Conversions A currency-conversion product supporting more than 65 currency pairs with live market pricing, spot and scheduled conversions, automatic settlement, and reconciliation.
- FX Pricing Engine An AI-powered transaction-pricing product that sets an FX margin for every transaction according to customer profile and policy in real time.
- Multi-Currency Accounts A global account product that enables organizations to hold balances in multiple currencies through a unified view connected to banks and financial institutions worldwide.
- Payments An end-to-end payment product covering currency conversion, approval routing, execution, status, and automatic reconciliation across global payment networks.
- FX Marketplace An institutional FX liquidity product that connects Okoora directly to banks and brokers worldwide for currency conversion and hedging rates.
- Regulated Infrastructure A bank-grade managed infrastructure product providing compliance controls, audit trails, and regulatory operations for client financial products.
- FX360 API A RESTful API product providing programmatic access to authentication, balances, beneficiaries, accounts, conversions, deposits, hedges, KYC/KYB, payers, payments, quotes, risk management, and simulation functions, with webhooks for supported events.
Quantifiable outcome
- $30M+ in new revenue generated for one client over two years using embedded pricing intelligence
- +4 more outcomes
Companies that use okoora
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles8 records
okoora technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
okoora partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- BloombergcoreBloomberg is listed as an underlying financial and data infrastructure provider in Okoora's Terms of Service, providing market data feeds and financial information services that power the FX360 platform's pricing and risk management capabilities.
- AirwallexcoreAirwallex is listed as a connected account provider in Okoora's Terms of Service, enabling Okoora to leverage Airwallex's banking infrastructure and account capabilities for global money movement and currency services.
- Embedded & Distribution PartnerscoreCompanies that embed Okoora capabilities into their own products and customer ecosystems, including banks, fintechs, PSPs, and ERPs. Partners monetize customer financial activity under their own brand while Okoora operates the underlying infrastructure.
- Capital & Portfolio PartnerscoreInvestors and operators (VC, PE, portfolio holders) that drive value across multiple portfolio companies by introducing Okoora's financial operating layer across their holdings, strengthening financial operations and protecting runway.
- Trusted AdvisorscoreFirms and experts trusted by finance, treasury, risk, and banking leaders (treasury advisors, CFOs) who introduce Okoora to their clients, extending advisory value with financial operating capabilities.
- Implementation & Systems PartnerscoreTeams that connect, implement, and scale Okoora financial workflows for their clients, including ERP and TMS implementers who deploy Okoora into enterprise stacks.
- Technology & Infrastructure PartnerscorePlatforms that connect Okoora into the financial technology stack, including core banking, ERP, and TMS platforms that integrate Okoora's capabilities into their ecosystems.
Scale indicators9 records
Recent moves4 records
Expansion highlights6 records
okoora competitors and assessment
Company assessmentDirect peers
- Airwallex: Airwallex provides multi-currency accounts, FX, and embedded financial infrastructure for businesses and platforms globally. Directly competes with Okoora across the same product surface — multi-currency wallets, FX execution, payment orchestration, and partner/embedded distribution — and is even referenced as an infrastructure partner in Okoora's terms of service.
- Banking Circle: Banking Circle provides regulated payment infrastructure, FX, and multi-currency accounts for banks, PSPs, and fintechs. Directly comparable to Okoora's regulated infrastructure layer and embedded FX/payments offerings targeting financial institutions.
- iBanFirst: iBanFirst offers multi-currency accounts, FX, and cross-border payments specifically built for SMEs and mid-market businesses. Comparable to Okoora's enterprise FX and payment offering though skewed toward smaller clients; both compete in the European FX infrastructure market.
- Nium: Nium is a global embedded payments platform offering multi-currency accounts, FX, and cross-border payment APIs targeting banks, fintechs, and corporates. Directly comparable to Okoora's FX360 API and embedded distribution model across the same customer segments.
- Kantox: Kantox provides FX risk management and currency management automation for mid-market and enterprise treasuries. Closely comparable to Okoora's FX Risk Engine, FX Protection Suite, and exposure management capabilities, with overlapping target segments in CFOs and treasury teams.
- Ripple: Ripple provides cross-border payment infrastructure (RippleNet, RLUSD) targeting banks and payment service providers for institutional FX and settlement. Directly comparable to Okoora's enterprise FX payment rail targeting banks and PSPs, though Ripple leans on distributed ledger technology rather than Okoora's AI-native architecture.
- Currencycloud: Currencycloud, now owned by Visa, provides a cloud-based cross-border payments and FX platform that banks and fintechs embed into their own products. Operates as direct head-to-head infrastructure competition to Okoora's embedded/white-label model, with substantially more capital backing through Visa.
- Wise: Wise (formerly TransferWise) operates a global multi-currency account and cross-border payments platform serving both consumers and businesses with institutional FX pricing. Directly comparable to Okoora's multi-currency accounts, FX marketplace, and payment rail offerings, though Wise skews more consumer/SMB versus Okoora's enterprise/embedded focus.
Broad incumbents
- Revolut Business: Revolut Business offers multi-currency accounts, FX, and payments as part of Revolut's broader consumer and business banking platform. Comparable FX and cross-border capabilities to Okoora, though Revolut is a vertically integrated neobank incumbent rather than a pure-play FX/embedded infrastructure provider.
- Corpay (formerly FLEETCOR): Corpay provides corporate FX, cross-border payments, and treasury solutions for businesses of all sizes as part of a broader payments and spend management portfolio. Comparable to Okoora's enterprise FX, hedging, and cross-border payment offerings, though Corpay is a much larger incumbent with established banking and corporate client relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
okoora social profiles
Digital presenceokoora compliance and trust
Trust signalCompliance3 records
okoora financial estimates
Financial estimateRevenue estimate
Valuation estimate
okoora leadership team
Management profileNumber of profiles
okoora funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
okoora M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about okoora
What does okoora do?
Okoora provides an AI-native financial infrastructure platform for multi-currency accounts, cross-border payments, FX execution, hedging, and real-time exposure management. It also enables banks, fintechs, payment providers, and software platforms to embed accounts, FX, payments, and transaction pricing into their own products under their brands.
Is okoora a public or private company?
okoora is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was okoora founded?
okoora was founded in 2021. It employs 51 to 100 people.
Where is okoora based?
okoora is headquartered in Schwyz, Switzerland, in the Europe region.
How does okoora make money?
Five revenue lines are on record. FX Conversion and Transaction Fees are the primary driver. The others are embedded Finance / Platform Licensing, hedging and Risk Management, payment Processing and referral Partner Revenue Share.
Who are okoora's main competitors?
Direct peers on record are Airwallex, Banking Circle, iBanFirst, Nium, Kantox, Ripple, Currencycloud and Wise. Broad incumbents are Revolut Business and Corpay (formerly FLEETCOR).
Does okoora have an API?
Yes. Okoora provides a comprehensive WebAPI (v1) with RESTful endpoints for financial operations. The API supports Authentication, Balances, Beneficiaries, Conversions, Deposits, Global Accounts, Hedges, KYC/KYB, Payers, Payments, Quotes, Risk Management, and Simulation endpoints. Authentication uses API Key and Client Id with token validity of 60 minutes. Webhooks are available for KYC/KYB, Payments, Balances, Deposits, and Beneficiaries events. The API includes simulation endpoints for demo/testing purposes only. Developer documentation is at docs.okoora.com.
What industry is okoora in?
okoora's product category is Cross-Border Financial Infrastructure. Its primary akta.pro industry code is FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 522320 and its SIC code is 7372.