Discover okoora's BaaS Case Studies | Okoora

Challenge:

  • The company struggled to manage the nuances of complex wallets with significant transactions volume that differed currencies.
  • Ensuring the company stayed ahead of these requirements was time consuming and costly

Solution:

  • Okoora’s solution solved for these pain points:
  • Offered the efficiency of a network allowing the company to pull back from lack of liquidity burdens.
  • Range of use cases supported (B2B, B2C) which gave flexibility to what they could offer to their customers, all through one connection to Okoora
  • Offered a single point of contact in Okoora to support on expanding into additional corridors which was well received and helped to build out the proposition in both B2C and B2B.
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Top tier 1
Credit Card Company
Financial institution
B2C/B2B
Top tier 1
Credit Card Company
Financial institution
B2C/B2B

Challenge:

  • Used correspondent processor to make NIS cross-border payments
  • Key pain points identified included:
  • Lack of liquidity of Shekel conversions
  • Slow payments in a number of corridors
  • High costs for low value
  • Lack of alternative payment options for their customers

Solution:

  • Okoora’s solution helped solve for the above pain points and more:
  • Offering visibility of the transaction life cycle through our API connection
  • Real-time payments, delivering the speed they needed
  • Low-cost solution. With the help of Okoora's infrastructure
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Real Estate investment
Management Platform
Financial institution
B2C/B2B

Challenge:

  • Customers exited the platform to complete basic operations such as payments through other channels.
  • Revenue lost due to additional operations the customer needs to perform that aren't possible on the platform.

Solution:

  • Okoora’s solution solved for these pain points :
  • Wallet Management allowing the company to hold customers funds.
  • Currency Conversions A new integrated value proposition.
  • Outgoing & Incoming Payments A new integrated value proposition.
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