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Opareta

Digitize and grow your mobile money agent business with Opareta.

Founded 2020 Uganda Kampala, Uganda 30 employees Pre-Seed Total: $400.00K Analytics, Big Data +4

General Information

Company Name Opareta
Founded Year 2020
Location Uganda Kampala, Uganda
Employees 30
Industries Analytics, Big Data, Data Analytics +3
Funding Stage Pre-Seed
Social

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About Opareta

Opareta is a startup in the Information Technology industry that aims to revolutionize the way mobile money agent networks function. Founded in 2020 and based in Uganda, Opareta's mission is to empower mobile money agents by providing them with digital infrastructure and tools to enhance their operations. Their unique approach addresses the challenges faced by mobile money agents, such as limited liquidity and lack of access to working capital, thereby enabling them to better serve low-income, last mile, and marginalized communities. The company's mobile app not only facilitates the digitization of operations but also offers crucial data analytics and access to working capital. This not only benefits the mobile money agents in sustaining and growing their businesses but also has a positive impact on the communities they serve. Opareta recently secured a $150.00K Pre Seed Round investment on 09 January 2024 from Renew Capital, signaling confidence in the potential of the startup. Opareta's focus on financial inclusion and leveraging technology to drive sustainable growth makes it a compelling prospect for venture capital firms looking to invest in impactful and innovative startups.

Business keywords: mobile money agent, last mile communities, working capital, digital infrastructure, liquidity, analog networks, low-income communities, marginalized communities, digitization, startup, investor analysis

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $150.00K 1
Renew Capital
09 Jan 2024
Pre Seed Round $250.00K 2
The Fintech Fund, Idea Foundry
24 Aug 2022

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FAQ About Opareta

Digitize and grow your mobile money agent business with Opareta.
Opareta was founded in 2020.
Opareta is headquartered in Kampala, Uganda.
Opareta operates in Analytics, Big Data, Data Analytics, Finance, Information Technology and Mobile. Its work centres on mobile money agent, last mile communities, working capital and digital infrastructure.
Opareta has approximately 30 employees.
Opareta has completed 2 funding rounds, raising a total of $400.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Opareta include Kenyt.AI, DataBaker Technology, Airnow, Numascale AS, Endless Gain (part of Columbus). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Opareta and Kenyt.AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Opareta, https://bouncewatch.com/company/opareta, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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