Opareta - About the company
Opareta is a seed company based in Uganda, founded in 2019. It operates as a Provider of agent-based lending and money management solutions. Opareta has raised an undisclosed amount in funding from Renew Capital. The company has 35 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Pay Point India, OneLoad and Sahaj Retail.
Company Details
Provider of agent-based lending and money management solutions. It offers an android-based platform to grow mobile money agent business.
Key Metrics
Founded Year
2019
Location
Stage
Seed
Latest Funding Round
Investors
Ranked
3rd among 35 active competitors
Employee Count
55 as on Aug 31, 2026
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Opareta's funding and investors
Opareta has raised funding over 1 round. Its latest funding round was a Seed round on Feb 05, 2024 for $*****. 1 investor participated in its latest round. Opareta has 2 institutional investors.
Here is the list of recent funding rounds of Opareta:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2024 | 4842484 | Seed | 1238823 | 2808836 | 9423976 | 6689535 |
View details of Opareta's funding rounds and investors
Opareta's founders and board of directors
Founder? Claim ProfileOpareta's employee count trend
Opareta has 55 employees as of Aug 26. Here is Opareta's employee count trend over the years:
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Opareta's Competitors and alternates
Top competitors of Opareta include Pay Point India, OneLoad and Sahaj Retail. Here is the list of Top 10 competitors of Opareta, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pay Point India 2007, Mumbai (India), Seed | Provider of digital financial services and retail solutions via agent network | $8.01M | 65/100 | |
2nd | Developer of an app-based corresponding banking platform | $11M | 56/100 | ||
3rd | Provider of agent-based lending and money management solutions | - | 45/100 | ||
4th | Sahaj Retail 2007, Kolkata (India), Unfunded | Online platform providing retail and financial services to rural India through local entrepreneurs | - | - | 45/100 |
5th | Nomanini 2011, Cape Town (South Africa), Series B | Provider of financial inclusion solutions for banks and retail ecosystems | $8.75M | 42/100 | |
6th | ![]() Kalispot Atlanta (United States), Series A | Provider of a unified financial services network. This network allows consumers to easily deposit and withdraw money from various financial sources, including bank accounts and mobile money platforms. The network also offers expanded operational capabilities for mobile money operators, enabling 24/7 access to funds. Financial institutions can leverage the network for agency banking, efficiently expanding their reach. Fintechs and neobanks can utilize the network to extend their physical presence and connect with customers. The network bridges the gap between physical and digital financial ecosystems, promoting financial inclusion. | $4M | 42/100 | |
7th | Teddy Open Finance 2020, Sao Bernardo do Campo (Brazil), Funding Raised | Financial management platform for banks and financial institutions | - | - | 41/100 |
8th | API-based corresponding banking solutions | - | - | 41/100 | |
9th | Tapp Group 2013, Melbourne (Australia), Series A | App-based correspondent banking solution | $12.9M | 40/100 | |
10th | Financial inclusion platform provider | - | 31/100 |
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Opareta's Investments and acquisitions
Opareta has made no investments or acquisitions yet.
Reports related to Opareta
Here is the latest report on Opareta's sector:
News related to Opareta
•
Ugandan startup Operata secures investment from Renew CapitalAfrica CEO Voices•Feb 05, 2024•Opareta, Renew Capital
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