About Oplo
Oplo is a company based in Blackpool (United Kingdom) founded in 2009 was acquired by Tandem in January 2022.. The company has 231 employees as of March 31, 2021. Oplo offers products and services including Instant Access Saver, Fixed Saver, Motor Finance, Home Improvement Loans, and Home Loans. Oplo operates in a competitive market with competitors including Zopa, Plend, 1plus1 Loans, Amigo Loans and Zaim Credit Systems, among others.
- Headquarter Blackpool, United Kingdom
- Employees 231 as on 31 Mar, 2021
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oplo Group Ltd
- Date of Incorporation 27 Apr, 2005
- Jurisdiction BLACKPOOL, UNITED KINGDOM
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Annual Revenue
$61.94 M (USD)8as on Mar 31, 2021
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Net Profit
$12.33 M (USD)813as on Mar 31, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
231
as on Mar 31, 2021
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Acquired by
Tandem
(Jan 12, 2022)
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Products & Services of Oplo
Oplo offers a comprehensive portfolio of products and services, including Instant Access Saver, Fixed Saver, Motor Finance, Home Improvement Loans, and Home Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for earning interest on deposits with flexible access.
Fixed-term account offering guaranteed interest rates.
Finance for purchasing lower-emission vehicles.
Loans to enhance home energy efficiency.
Secured loans for larger expenses like home upgrades.
Mortgages with discounts for energy-efficient homes.
Platform providing tips for reducing carbon footprint.
Funding Insights of Oplo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Oplo
Oplo has secured backing from 1 investor. Prominent investors backing the company include Tandem Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Digital banking services for consumers are delivered through online platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Oplo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Oplo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oplo Comparisons
Competitors of Oplo
Oplo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zopa, Plend, 1plus1 Loans, Amigo Loans and Zaim Credit Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first banking and loans are provided to consumers via app.
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| domain | founded_year | HQ Location |
Consumer financing is facilitated via an online lending platform.
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| domain | founded_year | HQ Location |
Guarantor loans from £500 to £5000 are provided directly online.
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| domain | founded_year | HQ Location |
Guarantor loans are provided to UK consumers by Amigo Loans.
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| domain | founded_year | HQ Location |
Consumer loans are provided to individuals by Zaim Credit Systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Oplo
When was Oplo founded?
Oplo was founded in 2009.
Where is Oplo located?
Oplo is headquartered in Blackpool, United Kingdom. It is registered at Blackpool, England, United Kingdom.
How many employees does Oplo have?
As of Mar 31, 2021, the latest employee count at Oplo is 231.
What is the annual revenue of Oplo?
Annual revenue of Oplo is $61.94M as on Mar 31, 2021.
What does Oplo do?
Oplo was established in 2009 in Blackpool, United Kingdom, within the financial technology sector. Personal, home, and auto loans are provided to consumers through a digital platform. Applications are submitted online with required documentation, followed by approval and direct fund transfers to bank accounts. A loan calculator is included for estimating interest and repayment schedules. Operations focus on streamlined lending services across the UK.
Who are the top competitors of Oplo?
Oplo's top competitors include Zopa, Plend and Amigo Loans.
What products or services does Oplo offer?
Oplo offers Instant Access Saver, Fixed Saver, Motor Finance, Home Improvement Loans, and 3 more products and services.
Who are Oplo's investors?
Oplo has 1 investor. Key investors include Tandem Bank.
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