The company began accepting pre-release sign-ups from Australian businesses Monday (Jan. 12), it said in a Monday press release.
“Australia represents a major milestone in Obol’s international expansion,” Obol Co-founder Aviv Sadra said in the release. “Cash flow is the cornerstone of every business, and Obol is built to manage it at scale.”
Obol’s platform, which is currently in operation in the United States, enables businesses to use one platform to plan, monitor and manage all their cash flow operations, according to the release.
The platform provides continually updated cash data and automated reporting across accounts and entities by securely connecting to banks, enterprise resource planning (ERP) systems and payment processors, the release said.
Obol will power its platform with Mastercard’s open banking capabilities, which support secure connectivity to banking data across participating financial institutions and expands access to real-time cash flow management for Australian businesses, per the release.
“Teaming up with Mastercard allows us to launch in Australia with an established open banking infrastructure and secure access to financial data,” Sadra said.
Brenton Charnley, head of open finance at Mastercard Australasia, said in the release: “Open finance is unlocking new opportunities for businesses to better understand and manage their finances. We’re excited to work with Obol, supporting the expansion of their cash flow management solution in Australia by enabling secure and reliable access to financial information.”
Mastercard has been enabling many solutions with its open banking capabilities.
The company partnered with Interchecks in December 2025 to expand the adoption of account-to-account payments by bringing together Mastercard’s Open Finance capabilities and Interchecks’ Pay by Bank solution.
In November 2025, Mastercard and payment/software solutions provider Unzer formed an open banking-focused collaboration that makes Mastercard Unzer’s open banking partner in Germany, Austria and Denmark. The companies said this collaboration would enhance open banking account-based payments to power eCommerce payments across Unzer’s payment gateways.
Mastercard teamed up with specialist payments orchestration platform Paytently in September 2025 to create an account-to-account payment option that is called Paytently Open Banking and is powered by Mastercard Open Finance.
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