Opareta
Founded 2020 · 54 employees on LinkedIn · 4 known investors
Opareta builds mobile infrastructure that helps mobile money agents digitize their operations while providing data analytics and working capital access to support business growth.
Also known as Operata
Founders & leadership
Opareta was founded in 2020 by Michael Schwartz and Raymond Besiga.
Investors · 4
Company profile
researched Aug 2026Opareta provides a digital agent network management platform for digital financial services, aimed at operators and managers of mobile money agent networks. Its product set spans float management (automated float and cash reconciliation, fulfilment of agent float requests and AI-based decisioning), real-time performance monitoring and analytics across the agent network and commercial hierarchy, digital onboarding via a KYC platform for agents and customers, field team management tools, and an agent-facing mobile app that consolidates agent activities into a single interface. Additional capabilities described by investor coverage include CRM services, financial process facilitation and loan management tools.
The company positions its platform as "digital infrastructure for analog agent networks": through a mobile app, mobile money agents digitize their operations and gain access to data analytics and working capital. For agent network managers, the platform is presented as a management layer for tracking commercial and operational KPIs, with business intelligence tools and predictive demand forecasting at network and agent level to support daily inventory (float) management, addressing limited real-time visibility into key performance indicators.
Business model
Opareta supplies a management SaaS platform to agent network managers and mobile money operators, delivered as a management console for network operators plus a mobile app for agents in the field.
Traction
Opareta launched in Uganda, where it has supported mobile money agents in securing float and earning higher commissions, and has since expanded strategic partnerships with mobile money operators in Uganda, Gambia, Sierra Leone, the DRC, Angola and Zambia. It is a portfolio company of Renew Capital, which publicized its investment in September 2024.
Latest developments
In September 2024 Renew Capital published its rationale for investing in Opareta, citing the company's agent-network digitization approach and its expansion of mobile money operator partnerships beyond Uganda. The FutureList also published an innovation memo profiling the company with co-founder Michael Schwartz.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Opareta operates in African mobile money agent-network infrastructure, a market that investor coverage sizes at $919B of mobile money transactions in Africa in 2023, with 237 million active mobile money accounts and 856 million registered accounts on the continent (GSMA data cited by Renew Capital).
The company frames its differentiation around a single digital operating system for agent networks that pairs liquidity management with performance analytics and digital identity creation for agents, replacing analog agent operations with an app-based workflow.
Technology
The platform combines a management and analytics console with a mobile application for agents. Stated technical components include automated float and cash reconciliation, AI-based decisioning for float requests, real-time performance analytics, predictive demand forecasting at network and agent level, a digital KYC/onboarding platform, and fraud monitoring.
Go-to-market
The company markets directly to agent network operators, using scheduled product demonstrations as an entry point, and builds strategic partnerships with mobile money operators in individual national markets.
Agent network managers and mobile money operators in digital financial services, and the mobile money agents and intermediaries within those networks.
Geography
Uganda-linked operations at launch, with mobile money operator partnerships reported in Uganda, Gambia, Sierra Leone, the Democratic Republic of the Congo, Angola and Zambia.
History
Michael (Mike) Schwartz is a co-founder of Opareta. The company launched in Uganda and subsequently added mobile money operator partnerships in additional African markets; Renew Capital disclosed its investment in the company in September 2024.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsAfter launching in Uganda, Opareta expanded strategic partnerships with mobile money operators in Uganda, Gambia, Sierra Leone, the DRC, Angola and Zambia.
Renew Capital published a portfolio story stating it had invested in Opareta to support digitization of mobile money agent networks. No amount or round stage was disclosed.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 7
primary sources listed
- Oparetaopareta.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Opareta do?
- Opareta sells agent network management software for mobile money operators, covering float, analytics, KYC and field teams.
- Who founded Opareta?
- Opareta was founded by Michael Schwartz, Raymond Besiga in 2020.
- Who are Opareta's investors?
- Opareta's investors include First Circle, The Raba Partnership, Musha Ventures, The Fintech Fund.