ZURICH, July 11,
2024 /PRNewswire/ -- Okoora, a fintech startup that
developed an AI-powered cloud platform for global payments,
banking, and risk management, has been selected for CNBC/Statista's
prestigious list of the world's top 250 fintech companies for 2024.
The list, unveiled on July 10,
recognizes companies that have significantly contributed to the
transformation and innovation of the financial services industry
through technology.
The rigorous selection process by CNBC/Statista involved
analysts examining over 2,000 companies based on key indicators
such as business model, revenue growth, user base, degree of
innovation, and impact on the fintech ecosystem.
Okoora's integrated platform, ABCM™ (Automated Business Currency
Management), leverages artificial intelligence to combine
operational tools, a foreign exchange risk management system, and
access to an extensive network of banks and trading rooms. The
platform simplifies currency management, helping businesses of all
sizes navigate the global market with confidence.
Benjamin Avraham, founder and CEO
of okoora, stated: "Being selected for one of the world's
prestigious lists of leading fintech companies is a significant
milestone and, more importantly, recognition of the unique solution
we offer to the market. While there are numerous payment and online
banking companies, none of them address a core component that many
businesses need: currency risk management."
Avraham added: "We have simplified a highly complex field,
making it intuitive for businesses of any size. We are grateful for
this recognition and will continue to work tirelessly, expanding
our customer base and partnerships worldwide to enhance the
remarkable ecosystem we have built."
Since the launch of the ABCM platform in January 2022, okoora has experienced remarkable
growth, accumulating over 15,000 registered business customers. The
company achieved profitability in 2023 and operates as a bootstrap
without external investments. Okoora employs approximately 100
professionals across multiple countries and is actively recruiting
to support its continued growth.
As part of okoora's expansion in Europe, it recently announced its entry into
the Polish market, where it will establish a sales office, a
marketing and customer service team, and an R&D center to
support further product development.
This recognition by CNBC/Statista reinforces okoora's position
as an innovative leader in the fintech industry, poised for
continued success and expansion in the global market.
View original
content:https://www.prnewswire.com/news-releases/fintech-startup-okoora-named-among-worlds-top-fintech-companies-by-cnbcstatista-302194666.html
SOURCE Okoora