#United States #Zurich #Embedded Finance #Okoora #FX Risk Management

Okoora Expands Services in the U.S. Market

Okoora, a prominent name in embedded finance and foreign exchange (FX) risk management, has made significant strides by entering the American market. This move is part of a larger strategy that includes expansion efforts in various global regions, including Germany, where the company has also established a presence. With a mission to empower businesses operating across borders, Okoora is making its suite of embedded finance solutions available to a wide range of institutions, including financial organizations, fintechs, and non-financial entities in the U.S.

Comprehensive Solutions Tailored for Businesses

The embedded finance solutions offered by Okoora are extensive. Financial institutions and other businesses can benefit from multi-currency accounts, global payment solutions, foreign exchange conversions, and currency risk management through hedging processes. The aim is to provide a streamlined and efficient service that goes beyond offerings typically found at traditional banks. Okoora's innovation in this sector has already attracted attention from numerous businesses globally, demonstrating the increasing demand for specialized financial technology to support international operations.

Key Features of Okoora’s Services

1. Multi-Currency Accounts: These accounts allow businesses to manage funds in various currencies, minimizing the effects of currency fluctuations and enhancing financial fluidity.
2. Global Payments: Simplifying cross-border payments, Okoora's solutions make it easier for businesses to transact on a global scale without succumbing to traditional banking delays.
3. FX Conversions: Okoora facilitates effortless currency conversion, ensuring competitive rates tailored to the needs of its clients.
4. Risk Management through Hedging: Companies can mitigate their exposure to currency risks using Okoora’s hedging solutions, thereby securing their profits and stabilizing cash flows.

New Global Referral Partner Program

To enhance its reach and facilitate a broader financial ecosystem, Okoora launched its Global Referral Partner Program. This initiative is designed to engage professionals across various industries, such as legal, insurance, and financial consulting sectors, encouraging them to become distributors of Okoora’s platform. By joining the program, these partners can unlock significant revenue opportunities while providing their clients with innovative solutions for managing their cross-border finance needs.

Compelling Partner Compensation Models

Okoora offers two distinctive compensation models for partners who wish to participate:

• - Affiliate Model: In this scheme, partners refer clients to Okoora, with the company handling all negotiations and transactions. Partners can earn up to 50% of the first year's license value from their referrals, presenting substantial earning potential.
• - Active Partner Model: This model allows partners to manage the entire sales process themselves, from identifying leads to closing deals. Compensation can reach up to 50% of total revenues generated over a three-year period, which can lead to earnings in the hundreds of thousands of dollars.

A Vision for Future Growth

Benjamin Avraham, Okoora's Founder and CEO, expressed enthusiasm over the expansion, noting that it represents a critical milestone for the company. He highlighted the growing demand for efficient finance solutions amid the rise of cross-border trade, stating, “Our commitment to providing tailored solutions for businesses in an array of markets positions us well in the evolving financial landscape.”

In addition to its U.S. entry, Okoora's recent forays into the German market mirror its strategic growth plan, reflecting a holistic approach to establishing a global footprint.

About Okoora

Okoora continues to redefine the way businesses handle international finance. The company empowers clients to manage their global transactions seamlessly with the help of its AI-powered financial platform, which supports operations across 100 currencies and facilitates payments in 180 countries. As one of the world’s top 250 fintech companies recognized by CNBC and Statista, Okoora is devoted to transforming how businesses interact with global finance. For more details, visit Okoora.

With its innovative products and partner-centric approach, Okoora is poised for success in the increasingly interconnected global economy.