Meta Pixel

News and Announcements

2OPAL announces partnership with Choco Up, Asia’s leading revenue-based financing investor

  • Published October 07, 2022 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Opal is one of the first licensed neo banks in Asia offering the full suite of financial solutions focused on international commerce and trade – multi-currency wallets, payments, financing & growth capital, escrow and collections from across 180 countries. Users can access a marketplace of solution providers through a single dashboard.

Opal, a neo-bank licensed by the Monetary Authority of Singapore (MAS), is announcing its partnership with a financing partner, Choco Up, the leading revenue-based financing investor in Asia.

Opal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS), is announcing its partnership with a financing partner, Choco Up, the leading revenue-based financing investor in Asia. Together, they will offer a range of financing solutions to e-commerce and digital companies, the most unique of which, is revenue-based financing (“RBF”). RBF is unique in the region as applicants only need to repay a percentage of their revenue. The solution matches the applicant’s revenue numbers as it can grow and ebb to reduce pressure on their cash flow. There is also one flat fee making the cost of financing truly transparent. It takes 30 seconds to register for an account and get a preliminary offer in 5 minutes.

As long as companies use Opal to receive payments, giving visibility into their receivables, the qualification criteria for the RBF is easier and the fee is less. Users get multi-currency accounts, financing, and payments on a single Opal account.

Connect with the company and learn more about OPAL by accessing their deal room here.

Register Interest

Executive Interviews
$2.6B Market Breakthrough in Cardiac Technology | EBR Systems

Join the conversation with Andrew Shute, SVP of EBR Systems, as we explore the innovative VICRD system, a leadless device poised to transform cardiac resynchronization therapy. Discover its advantages over traditional therapies, a $3.6 billion market potential, and promising clinical outcomes. Learn about EBR Systems’ U.S. expansion strategy, their pioneering rechargeable battery technology, and key […]

Executive Interviews
Short-Term Rentals Done Right: How ReadySet Apartments Maximises Investor Returns

Discover cutting-edge approaches to residential property investment in this exclusive executive interview. Bruce Davey, Managing Director of Ready Set Apartments Group, shares his expertise on blending traditional investment methods with dynamic short-term rental strategies. Gain valuable insights from Bruce’s entrepreneurial journey and transformative perspectives on navigating the ever-evolving property investment landscape.

Executive Interviews
How Pallas Capital Achieved $5.2B in Lending with Zero Losses

Craig Bannister, Executive Director of Pallas Capital, shares how the firm has transformed commercial real estate investment through robust risk management, first-loss capital buffers, and global partnerships. Learn about their $5.2B success story and the exciting opportunities in non-bank lending.

Join over 45,000+ sophisticated investors

Join Now