Opal Balance
- Company typePrivate
- Founded2005
- HeadquartersAshdod, Israel
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Opal Balance firmographics
Firmographics- Name
- Opal Balance
- Website
- https://opalbalance.co.il
- Company type
- Private
- Founded year
- 2005
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Opal Balance industry classification
Industry- Product category
- Consumer Finance
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Balance Transfer & Credit Card Refinance Loans (FSAKAIAA)
Keywords
Where Opal Balance is headquartered
LocationHeadquarters
- HQ city
- Ashdod
- HQ country
- Israel
- HQ region
- Middle East
Markets served
Opal Balance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Opal Balance product offering
Product offeringCore offering
Opal Balance offers various financing and cash solutions to its customers. The company operates as a publicly listed financial services provider based in Ashdod, Israel, focusing on credit and liquidity-oriented products.
Differentiator
Problem solved
Functional benefit
Products and services
- Financing Solutions
- Cash Solutions
Companies that use Opal Balance
Customer profileIdeal customer profiles1 record
Opal Balance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Opal Balance partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
Opal Balance competitors and assessment
Company assessmentBroad incumbents
- Isracard: Isracard is Israel's dominant consumer credit card issuer and payment processor, jointly owned by Bank Hapoalim and Discount Bank. It is comparable to Opal Balance as the largest consumer credit franchise in Israel, competing for the same borrower wallet share for personal financing and revolving credit.
- MAX (formerly Leumi Card): MAX is the second major Israeli credit card issuer, affiliated with Bank Leumi. Like Opal Balance, it extends personal credit to Israeli consumers, but with substantially greater scale, broader product suite, and direct bank distribution.
Direct peers
- OneMain Holdings: OneMain Holdings is a U.S. public company specializing in non-prime personal installment loans and related consumer financing products. It is directly comparable to Opal Balance in business model — focused, subprime-leaning personal lending — though operating at materially larger scale.
- World Acceptance Corporation: World Acceptance is a U.S. public consumer finance company providing small installment loans and related tax preparation services to underbanked consumers. It mirrors Opal Balance's focus on short-duration personal credit for underserved consumer segments.
- Regional Management Corp. Regional Management is a U.S. consumer finance company offering installment loans, lines of credit, and related services through a small-branch model. Comparable to Opal Balance in its small-scale, single-country, branch-based consumer lending orientation.
- Curo Group: Curo Group is a consumer finance company providing installment, line-of-credit, and check-cashing products to non-prime consumers in North America and the UK. Its check-cashing and installment loan mix is conceptually closest to Opal Balance's 'financing and cash solutions' positioning.
Emerging players
- PROG Holdings: PROG Holdings operates Progressive Leasing, a virtual lease-to-own provider serving underbanked U.S. consumers. It overlaps with Opal Balance in providing alternative financing solutions to consumers who lack access to prime credit, though via lease rather than installment structures.
- Enova International: Enova International is a U.S. online consumer and small-business lender using data analytics and non-prime underwriting. It is an emerging/tech-forward peer to Opal Balance, operating in adjacent online consumer credit rather than directly in Israel.
- EZCORP: EZCORP operates pawn-based and short-term consumer credit services across the Americas. While its primary channel (pawn) differs, it serves a similar underbanked consumer segment as Opal Balance and competes for short-duration cash-borrowing demand.
Others
- Bank Hapoalim: Bank Hapoalim is one of Israel's two largest banks and a parent of Isracard. While its consumer credit activities overlap with Opal Balance, its deposit-funded balance sheet and universal banking model make it an indirect competitor and potential counterparty/partner rather than a direct peer.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Opal Balance social profiles
Digital presenceOpal Balance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opal Balance leadership team
Management profileNumber of profiles
Opal Balance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opal Balance 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 Opal Balance
What does Opal Balance do?
Opal Balance offers various financing and cash solutions to its customers. The company operates as a publicly listed financial services provider based in Ashdod, Israel, focusing on credit and liquidity-oriented products.
When was Opal Balance founded?
Opal Balance was founded in 2005. It employs 51 to 100 people.
Where is Opal Balance based?
Opal Balance is headquartered in Ashdod, Israel, in the Middle East region.
Who are Opal Balance's main competitors?
Broad incumbents on record are Isracard and MAX (formerly Leumi Card). Direct peers are OneMain Holdings, World Acceptance Corporation, Regional Management Corp. and Curo Group. Emerging players are PROG Holdings, Enova International and EZCORP. Bank Hapoalim is listed as an others.
Does Opal Balance have an API?
No public API is recorded for Opal Balance.
What industry is Opal Balance in?
Opal Balance's product category is Consumer Finance. Its primary akta.pro industry code is FSAKAIAA, Balance Transfer & Credit Card Refinance Loans. Its NAICS code is 522 and its SIC code is 6141.